Meridian Management Co. boosted its position in Visa Inc. (NYSE:V – Free Report) by 30.2% in the 4th quarter, Holdings Channel reports. The firm owned 14,326 shares of the credit-card processor’s stock after buying an additional 3,320 shares during the quarter. Visa accounts for approximately 1.2% of Meridian Management Co.’s portfolio, making the stock its 26th biggest position. Meridian Management Co.’s holdings in Visa were worth $5,024,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the company. Beacon Capital Management LLC lifted its stake in Visa by 2.0% in the third quarter. Beacon Capital Management LLC now owns 1,541 shares of the credit-card processor’s stock worth $526,000 after purchasing an additional 30 shares during the last quarter. Chapman Financial Group LLC lifted its stake in Visa by 0.9% in the third quarter. Chapman Financial Group LLC now owns 3,211 shares of the credit-card processor’s stock worth $1,096,000 after purchasing an additional 30 shares during the last quarter. Ransom Advisory Ltd lifted its stake in Visa by 0.3% in the fourth quarter. Ransom Advisory Ltd now owns 9,447 shares of the credit-card processor’s stock worth $3,313,000 after purchasing an additional 30 shares during the last quarter. TSA Wealth Managment LLC lifted its stake in Visa by 4.9% in the third quarter. TSA Wealth Managment LLC now owns 659 shares of the credit-card processor’s stock worth $225,000 after purchasing an additional 31 shares during the last quarter. Finally, Bank OZK lifted its stake in Visa by 3.7% in the third quarter. Bank OZK now owns 858 shares of the credit-card processor’s stock worth $293,000 after purchasing an additional 31 shares during the last quarter. Institutional investors own 82.15% of the company’s stock.
Key Stories Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa expanded its Commercial Solutions Hub by adding Visa Accounts Receivable Manager, a move that could boost adoption of virtual cards, speed up B2B payment cycles, and improve reconciliation for issuers and suppliers across 69 geographies at no added cost. Visa’s Expanded AI-Powered Receivables Hub Might Change The Case For Investing In Visa (V)
- Positive Sentiment: Another report on the same expansion framed it as a broader B2B automation push, suggesting Visa is removing frictions in commercial payments and reinforcing its long-term value proposition. Visa (V) Announces Expansion of the Visa Commercial Solutions Hub
- Positive Sentiment: Commentary from investors and market outlets continued to argue that Visa looks attractive after a year of underperformance, with some noting the company’s durable fee model and lower valuation as reasons to buy or hold. Visa at $326, Mastercard at $493: Buy, Sell or Hold?
- Neutral Sentiment: Industry coverage on payment sovereignty, cross-border payment efficiency, and digital payment ecosystem trends kept Visa in the spotlight, but these pieces were mostly sector-level commentary rather than direct company-specific catalysts. Payment sovereignty and the relationship with cash
- Neutral Sentiment: Other mentions, including Visa’s association with crypto and payments infrastructure discussions and Nubank hiring a former Visa executive as CFO, were more indirect and did not signal an immediate operational change for Visa itself. Western Union, Visa, PayPal, Meta: why major payments giants are racing to Solana
Analysts Set New Price Targets
Insider Activity at Visa
In other Visa news, CEO Ryan Mcinerney sold 31,455 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the completion of the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,161,284.36. This represents a 67.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lloyd Carney sold 650 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the transaction, the director owned 2,679 shares of the company’s stock, valued at approximately $829,471.98. This trade represents a 19.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 42,744 shares of company stock worth $14,356,010 over the last three months. Company insiders own 0.12% of the company’s stock.
Visa Trading Down 1.7%
NYSE V opened at $317.36 on Wednesday. The company has a market capitalization of $569.27 billion, a PE ratio of 27.64, a P/E/G ratio of 1.72 and a beta of 0.77. The company has a fifty day moving average of $315.33 and a 200 day moving average of $324.87. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $375.51. 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:V – Get Free Report) last posted its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. The company had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The firm’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.76 earnings per share. Research analysts forecast that Visa Inc. will post 13.09 earnings per share for the current year.
Visa Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. Visa’s payout ratio is currently 23.34%.
Visa declared that its Board of Directors has authorized a share repurchase program on Tuesday, April 28th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.
Visa Profile
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.
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