Wealth Enhancement Trust Services Inc. Sells 1,686 Shares of Visa Inc. $V

Wealth Enhancement Trust Services Inc. trimmed its holdings in Visa Inc. (NYSE:V – Free Report) by 4.1% in the third quarter, Holdings Channel.com reports. The fund owned 39,143 shares of the credit-card processor’s stock after selling 1,686 shares during the period. Visa comprises 1.5% of Wealth Enhancement Trust Services Inc.’s portfolio, making the stock its 13th biggest holding. Wealth Enhancement Trust Services Inc.’s holdings in Visa were worth $14,065,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nixon Peabody Trust Co. lifted its position in shares of Visa by 58.1% during the 1st quarter. Nixon Peabody Trust Co. now owns 4,201 shares of the credit-card processor’s stock valued at $1,270,000 after acquiring an additional 1,543 shares during the last quarter. Vega Investment Solutions acquired a new stake in shares of Visa during the second quarter worth $829,000. Beacon Financial Group lifted its holdings in shares of Visa by 83.9% during the first quarter. Beacon Financial Group now owns 22,501 shares of the credit-card processor’s stock valued at $6,801,000 after purchasing an additional 10,267 shares during the last quarter. XXEC Inc. boosted its position in shares of Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock valued at $63,904,097,000 after purchasing an additional 186,138,883 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Visa by 23.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,343,195 shares of the credit-card processor’s stock worth $803,925,000 after purchasing an additional 445,775 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

Visa Stock Up 0.4%

Shares of NYSE:V traded up $1.43 on Wednesday, reaching $372.07. The company had a trading volume of 4,446,699 shares, compared to its average volume of 7,575,078. The stock has a market capitalization of $663.94 billion, a P/E ratio of 31.64, a P/E/G ratio of 1.74 and a beta of 0.77. The stock has a 50-day moving average price of $369.32 and a 200 day moving average price of $342.23. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $385.57. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60.

Visa (NYSE:V – Get Free Report) last posted its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.09. The firm had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.40 billion. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.98 EPS. On average, equities analysts expect that Visa Inc. will post 13.22 EPS for the current year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, August 11th. Visa’s payout ratio is 22.79%.

Analysts Set New Price Targets

V has been the subject of several research analyst reports. Clear Str upgraded shares of Visa to a “strong-buy” rating in a research report on Thursday, July 16th. BMO Capital Markets boosted their price target on shares of Visa from $387.00 to $405.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Argus upped their price target on shares of Visa from $396.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating and set a $466.00 price objective (up from $412.00) on shares of Visa in a report on Monday, August 31st. Finally, KeyCorp lifted their price objective on Visa from $415.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Strong Buy rating and thirty-four have issued a Buy rating to the company. According to MarketBeat, Visa has a consensus rating of “Buy” and a consensus price target of $425.21.

Read Our Latest Report on V

More Visa News

Here are the key news stories impacting Visa this week:

  • Positive Sentiment: Upcoming earnings could provide a catalyst. The earnings preview highlights investor focus on Visa’s payment volumes, revenue growth, margins and guidance. Visa’s latest quarter already exceeded consensus estimates for both earnings and revenue, establishing a favorable comparison ahead of the next report. Visa Earnings Preview: What to Expect
  • Positive Sentiment: Scale continues to support profitability. Analysts point to Visa’s best-in-class margins and its ability to monetize the shift toward digital payments. The company is also expanding beyond traditional cards into digital wallets, stablecoins and account-to-account payments, which could broaden its long-term growth opportunity. Visa Turns Scale Into Best-in-Class Margins
  • Positive Sentiment: Partnerships are expanding Visa’s payment ecosystem. Visa renewed its OpenTable agreement across the U.S., Mexico and Canada, while Tangem launched a Visa-linked crypto card. These arrangements may increase transaction volumes and reinforce Visa’s role in newer payment categories. OpenTable and Visa Extend Their Agreement
  • Neutral Sentiment: Valuation remains a key debate. Visa trades at a premium earnings multiple, and investors are assessing whether continued payment growth can offset rising costs. Comparisons with Mastercard and PayPal produce differing conclusions based on return on equity, growth and valuation rather than a clear change in Visa’s fundamentals. Can Payment Growth Justify the Premium?
  • Negative Sentiment: Potential regulation and disruption remain risks. Proposed caps on credit-card interest rates could constrain credit availability, although the legislation has not advanced. Separately, analysts warn that account-to-account payments, digital wallets and other alternatives could pressure the traditional card-network model over time. Citadel Founder on Credit Card Rate Caps

Insider Buying and Selling

In other Visa news, insider Tullier Mahon sold 57,272 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the sale, the insider directly owned 49,662 shares of the company’s stock, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,444,582.94. The trade was a 27.91% 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. Insiders sold 78,792 shares of company stock worth $28,863,319 in the last 90 days. 0.12% of the stock is owned by company insiders.

Visa Profile

(Free Report)

Visa Inc is a global payments technology company that operates one of the world’s largest electronic payments networks. Through its VisaNet platform, the company facilitates the authorization, clearing and settlement of payment transactions between consumers, merchants, financial institutions and governments.

Visa provides payment products and services for credit, debit, prepaid and commercial transactions. Its offerings also include digital payment capabilities, tokenization, fraud prevention, risk management and other value-added services designed to support secure electronic commerce and contactless payments.

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:V – Free Report).

Institutional Ownership by Quarter for Visa (NYSE:V)

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