M Holdings Securities Inc. purchased a new stake in shares of Visa Inc. (NYSE:V – Free Report) in the 4th quarter, HoldingsChannel reports. The firm purchased 18,533 shares of the credit-card processor’s stock, valued at approximately $6,500,000.
Several other institutional investors have also added to or reduced their stakes in the business. Signet Private Wealth LLC purchased a new stake in Visa during the fourth quarter valued at about $632,000. Nicollet Investment Management Inc. boosted its position in Visa by 0.8% during the fourth quarter. Nicollet Investment Management Inc. now owns 35,333 shares of the credit-card processor’s stock valued at $12,392,000 after buying an additional 289 shares during the period. Wellspring Financial Advisors LLC boosted its position in Visa by 309.7% during the fourth quarter. Wellspring Financial Advisors LLC now owns 11,754 shares of the credit-card processor’s stock valued at $4,128,000 after buying an additional 8,885 shares during the period. Illinois Municipal Retirement Fund boosted its position in Visa by 10.9% during the fourth quarter. Illinois Municipal Retirement Fund now owns 149,399 shares of the credit-card processor’s stock valued at $52,396,000 after buying an additional 14,707 shares during the period. Finally, RM Financial Services LLC purchased a new stake in Visa during the fourth quarter valued at about $1,976,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa announced a strategic partnership with OpenAI to enable secure payments inside ChatGPT and support “agentic commerce,” giving the company a high-profile role in AI-driven shopping and payments. Visa to Secure Payments for Shoppers on ChatGPT in OpenAI Partnership
- Positive Sentiment: Related coverage says Visa is building infrastructure and card tools for AI shopping, reinforcing the idea that it wants to stay central as merchants and developers adopt AI-powered checkout. How Visa is Designing Smarter Credit Cards for AI Shopping
- Positive Sentiment: Visa also partnered with OpenWay to help banks and fintechs in Asia Pacific launch payment offerings faster, supporting network expansion and innovation across more channels. Can Visa Accelerate Payment Innovation Through OpenWay Tie-up?
- Neutral Sentiment: A judge gave preliminary approval to Visa’s $38 billion swipe-fee settlement with merchants, which may reduce legal uncertainty, but retail groups are still expected to challenge the deal. US judge OKs Visa, Mastercard $38 billion swipe fee settlement
- Neutral Sentiment: Visa’s CFO downplayed the short-term impact of stablecoins and agentic commerce, suggesting management is not yet counting on those themes to materially drive near-term results. Visa’s CFO downplays the importance of stablecoin and agentic commerce
- Negative Sentiment: The recurring merchant-fee headlines highlight ongoing pressure on Visa’s core business model, as investors continue to weigh the risk of lower interchange economics over time. Why there’s no end to Visa and Mastercard’s fee battles with merchants
Insider Transactions at Visa
Visa Price Performance
Shares of V opened at $323.31 on Thursday. The stock has a market cap of $579.93 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 1.74 and a beta of 0.77. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $375.51. The firm’s 50-day simple moving average is $317.88 and its two-hundred day simple moving average is $324.48.
Visa (NYSE:V – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.21. The business had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The business’s revenue was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.76 earnings per share. Analysts anticipate that Visa Inc. will post 13.09 earnings per share for the current fiscal year.
Visa announced that its board has approved a share buyback plan on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.
Visa Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, May 12th. Visa’s dividend payout ratio is 23.34%.
Analyst Upgrades and Downgrades
V has been the subject of several recent analyst reports. Truist Financial set a $371.00 price objective on shares of Visa and gave the company a “buy” rating in a research note on Tuesday, May 12th. Evercore set a $350.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Bank of America initiated coverage on shares of Visa in a research note on Thursday, March 5th. They set a “buy” rating and a $410.00 price objective for the company. Raymond James Financial reaffirmed an “outperform” rating and set a $389.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Finally, UBS Group upped their price objective on shares of Visa from $390.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Visa presently has a consensus rating of “Buy” and an average target price of $387.78.
View Our Latest Research Report on Visa
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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