Capricorn Fund Managers Ltd Sells 3,089 Shares of Visa Inc. $V

Capricorn Fund Managers Ltd decreased its stake in Visa Inc. (NYSE:VFree Report) by 13.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 19,555 shares of the credit-card processor’s stock after selling 3,089 shares during the period. Capricorn Fund Managers Ltd’s holdings in Visa were worth $5,910,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Visa during the 4th quarter worth approximately $5,877,738,000. Cardano Risk Management B.V. boosted its stake in shares of Visa by 867.6% in the 4th quarter. Cardano Risk Management B.V. now owns 8,213,610 shares of the credit-card processor’s stock valued at $2,880,595,000 after purchasing an additional 7,364,762 shares during the last quarter. Diamant Asset Management Inc. boosted its stake in shares of Visa by 29,706.3% in the 1st quarter. Diamant Asset Management Inc. now owns 7,332,947 shares of the credit-card processor’s stock valued at $2,216,310,000 after purchasing an additional 7,308,345 shares during the last quarter. J. Stern & Co. LLP increased its position in shares of Visa by 12,497.1% during the fourth quarter. J. Stern & Co. LLP now owns 3,378,039 shares of the credit-card processor’s stock worth $1,184,712,000 after buying an additional 3,351,223 shares during the period. Finally, Victory Capital Management Inc. increased its position in shares of Visa by 48.2% during the fourth quarter. Victory Capital Management Inc. now owns 6,508,089 shares of the credit-card processor’s stock worth $2,282,472,000 after buying an additional 2,116,463 shares during the period. 82.15% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Visa news, CFO Chris Suh sold 10,639 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the sale, the chief financial officer owned 9,872 shares in the company, valued at approximately $3,206,524.32. The trade was a 51.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ryan Mcinerney sold 31,455 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,161,284.36. The trade was a 67.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 63,064 shares of company stock worth $21,289,800. 0.12% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on V. Truist Financial set a $371.00 target price on shares of Visa and gave the company a “buy” rating in a report on Tuesday, May 12th. Morgan Stanley reiterated an “overweight” rating and set a $415.00 price target on shares of Visa in a report on Wednesday, April 29th. Raymond James Financial reissued an “outperform” rating and issued a $389.00 price objective on shares of Visa in a research report on Wednesday, April 29th. Evercore set a $350.00 target price on Visa in a research report on Wednesday, April 29th. Finally, UBS Group raised their target price on Visa from $390.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Seven research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $397.96.

Read Our Latest Research Report on Visa

Visa Stock Performance

Shares of Visa stock opened at $351.36 on Thursday. Visa Inc. has a one year low of $293.89 and a one year high of $359.66. The firm has a market capitalization of $630.26 billion, a price-to-earnings ratio of 30.61, a PEG ratio of 1.83 and a beta of 0.75. The business has a 50-day simple moving average of $325.14 and a 200 day simple moving average of $324.55. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09.

Visa (NYSE:VGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.75 billion. During the same quarter in the prior year, the company earned $2.76 earnings per share. The company’s quarterly revenue was up 17.1% on a year-over-year basis. On average, research analysts anticipate that Visa Inc. will post 13.09 earnings per share for the current fiscal year.

Visa announced that its board has authorized a share buyback program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa’s dividend payout ratio is presently 23.34%.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

  • Positive Sentiment: Piper Sandler upgraded Visa to strong-buy, reinforcing optimism around the company’s earnings power, cross-border payments outlook, and resilient consumer spending trends.
  • Positive Sentiment: Visa is being viewed as a key beneficiary of the new Open USD stablecoin initiative, a consortium-backed digital dollar project involving major players such as Stripe, BlackRock, Google, and Coinbase. Investors appear to see this as evidence Visa could remain central to next-generation money movement and settlement infrastructure.
  • Positive Sentiment: Market commentary also highlighted Visa’s continued strength in travel, cross-border partnerships, and online spending trends, with Visa saying consumers are still prioritizing discretionary purchases through deal hunting rather than cutting back sharply.
  • Neutral Sentiment: Visa’s expanded smartphone-based payment tools for small businesses support its longer-term growth story, but the near-term financial impact looks incremental.
  • Negative Sentiment: CEO Ryan McInerney sold 20,970 shares in a pre-arranged 10b5-1 transaction, which may create some caution even though the sale was part of a planned trading program.

About Visa

(Free Report)

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.

See Also

Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:VFree Report).

Institutional Ownership by Quarter for Visa (NYSE:V)

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