United Asset Strategies Inc. lessened its holdings in Visa Inc. (NYSE:V – Free Report) by 15.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,287 shares of the credit-card processor’s stock after selling 2,076 shares during the quarter. United Asset Strategies Inc.’s holdings in Visa were worth $4,056,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of V. Choreo LLC grew its holdings in shares of Visa by 3.2% during the 3rd quarter. Choreo LLC now owns 78,021 shares of the credit-card processor’s stock valued at $28,036,000 after acquiring an additional 2,448 shares in the last quarter. Fonville Wealth Management LLC raised its holdings in shares of Visa by 18.2% during the third quarter. Fonville Wealth Management LLC now owns 2,133 shares of the credit-card processor’s stock worth $767,000 after acquiring an additional 329 shares in the last quarter. Values Added Financial LLC raised its holdings in shares of Visa by 2.2% during the third quarter. Values Added Financial LLC now owns 3,166 shares of the credit-card processor’s stock worth $1,138,000 after acquiring an additional 69 shares in the last quarter. Creative Capital Management Investments LLC grew its stake in Visa by 17.2% in the third quarter. Creative Capital Management Investments LLC now owns 511 shares of the credit-card processor’s stock valued at $184,000 after purchasing an additional 75 shares in the last quarter. Finally, Childress Capital Advisors LLC grew its stake in Visa by 0.9% in the third quarter. Childress Capital Advisors LLC now owns 7,411 shares of the credit-card processor’s stock valued at $2,663,000 after purchasing an additional 68 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the company. DZ Bank reaffirmed a “buy” rating on shares of Visa in a research note on Monday, August 3rd. Mizuho set a $440.00 price target on Visa in a report on Thursday. Clear Str raised Visa to a “strong-buy” rating in a research note on Thursday, July 16th. Wolfe Research restated an “outperform” rating and issued a $460.00 price objective (up from $435.00) on shares of Visa in a report on Tuesday, August 25th. Finally, Truist Financial set a $443.00 price objective on shares of Visa and gave the company a “buy” rating in a research report on Friday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $438.41.
Check Out Our Latest Stock Analysis on Visa
Insider Activity at Visa
In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the 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 transaction, the chief executive officer owned 15,174 shares in the company, valued at $5,444,582.94. This trade represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total transaction of $687,690.78. Following the completion of the transaction, the general counsel owned 18,404 shares in the company, valued at $6,778,929.36. The trade was a 9.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 21,520 shares of company stock valued at $7,960,757. Corporate insiders own 0.12% of the company’s stock.
Key Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Quarterly results exceeded expectations. Visa beat consensus earnings estimates on resilient consumer spending, higher payment volumes, cross-border growth and transaction-processing gains. Management also indicated that the U.S. consumer remains healthy and outlined a target for double-digit revenue growth in fiscal 2027. Visa Q4 Earnings Beat Estimates on Strong Payment Volumes
- Positive Sentiment: Analysts raised their targets. Wells Fargo lifted its target to $463 and maintained an overweight rating. JPMorgan raised its target to $455, while Barclays increased its target to $440; RBC maintained an outperform rating with a $466 target. These revisions reflect confidence in payment growth, international transactions and Visa’s expanding services business.
- Positive Sentiment: China and Tencent partnership expands Visa’s opportunity. Visa received approval to begin preparations for a domestic bank-card clearing business in China and signed an agreement with Tencent covering cross-border payments, AI-enabled commerce and international money transfers. Access to China’s domestic card market could provide a significant long-term growth opportunity. Tencent, Visa deepen payments push in China
- Positive Sentiment: Stablecoin adoption is accelerating. Visa said annualized stablecoin settlement volume has surpassed $25 billion, roughly ten times the prior year, while stablecoin-linked card programs grew more than 70% to over 225. The developments support Visa’s strategy in digital settlement and cross-border payments. Visa Stablecoin Settlement Tops $25 Billion
- Positive Sentiment: Shareholder returns improved. Visa declared a quarterly dividend of $0.78 per share, a 16.4% increase from the prior payout, signaling continued confidence in cash generation.
- Neutral Sentiment: Visa and Mastercard agreed to drop the “honor all cards” requirement as part of a merchant litigation settlement. The concession could increase payment-choice flexibility for merchants, although its financial impact may be limited.
- Negative Sentiment: Some analysis favors Block over Visa because of Block’s faster growth, lower valuation and expanding Square and Cash App ecosystems. Visa’s premium valuation—near a 35 earnings multiple—could limit additional upside if growth moderates.
Visa Trading Up 2.4%
Visa stock opened at $410.25 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99. The company has a market capitalization of $732.06 billion, a price-to-earnings ratio of 33.27, a PEG ratio of 1.88 and a beta of 0.77. Visa Inc. has a one year low of $293.89 and a one year high of $414.60. The company’s fifty day moving average price is $380.36 and its two-hundred day moving average price is $341.90.
Visa (NYSE:V – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. The company had revenue of $12.14 billion during the quarter, compared to analysts’ expectations of $12.09 billion. Visa had a return on equity of 70.50% and a net margin of 51.20%. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.98 earnings per share. On average, analysts forecast that Visa Inc. will post 15.03 earnings per share for the current fiscal year.
Visa Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. Visa’s dividend payout ratio (DPR) is 25.30%.
About Visa
Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.
Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.
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