Visa Inc. $V Shares Acquired by RDA Financial Network

RDA Financial Network increased its position in Visa Inc. (NYSE:VFree Report) by 11.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,605 shares of the credit-card processor’s stock after purchasing an additional 2,875 shares during the period. Visa accounts for about 2.1% of RDA Financial Network’s investment portfolio, making the stock its 11th biggest holding. RDA Financial Network’s holdings in Visa were worth $9,471,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Visa in the 4th quarter worth approximately $5,877,738,000. Cardano Risk Management B.V. raised its position in shares of Visa by 867.6% during 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 acquiring an additional 7,364,762 shares in the last quarter. Diamant Asset Management Inc. raised its position in shares of Visa by 29,706.3% during 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 acquiring an additional 7,308,345 shares in the last quarter. J. Stern & Co. LLP lifted its stake in 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 purchasing an additional 3,351,223 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Visa by 48.2% in 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 purchasing an additional 2,116,463 shares during the period. 82.15% of the stock is owned by institutional investors.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

  • Positive Sentiment: Visa agreed to acquire BioCatch for approximately $2.4 billion in cash. BioCatch uses behavioral biometrics, including typing patterns, touchscreen behavior and device handling, to identify account takeovers, scams, money-mule activity and application fraud before transactions occur. The deal should strengthen Visa’s fraud, cybersecurity and risk-management offerings as AI-enabled scams become more sophisticated. Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
  • Positive Sentiment: Visa is expanding its payment ecosystem through GCash, which plans to introduce card-linking capabilities with Visa and Mastercard. The rollout could improve consumer payment convenience and support transaction growth in the Philippines. GCash to expand payment options with Visa and Mastercard card linking
  • Neutral Sentiment: Visa continues to promote controls and data governance for “agentic” artificial-intelligence systems. The initiative supports long-term opportunities in AI-enabled commerce, although it does not represent a near-term financial catalyst. Visa Says the Agentic Enterprise Starts With Better Controls
  • Neutral Sentiment: Predictions that AI-powered cryptocurrency payments will become mainstream could eventually create new transaction opportunities for Visa, but the outlook is speculative and Ethereum-based adoption is not an immediate earnings driver. Tom Lee Predicts AI-Powered Crypto Payments Will Go Mainstream in Under Five Years
  • Negative Sentiment: Elon Musk’s X Money is adding debit cards and money-transfer features, increasing competition for Visa in digital payments. The potential impact remains uncertain because the service is initially limited to select users. Elon Musk introduces money transfer service to social media app X
  • Negative Sentiment: The BioCatch transaction requires a substantial cash outlay, which may pressure near-term returns if the acquisition takes time to generate meaningful revenue or cost synergies. A reported sale of 57,272 Visa shares by an insider may also weigh modestly on sentiment. Tullier Kelly Mahon Sells 57,272 Shares of Visa Stock

Visa Price Performance

Shares of NYSE V opened at $365.77 on Tuesday. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $373.97. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The business’s fifty day moving average price is $341.85 and its two-hundred day moving average price is $325.92. The firm has a market capitalization of $656.10 billion, a PE ratio of 31.10, a P/E/G ratio of 1.98 and a beta of 0.74.

Visa (NYSE:VGet Free Report) last posted its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. During the same period last year, the business posted $2.98 earnings per share. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, research analysts expect that Visa Inc. will post 13.12 EPS for the current year.

Visa Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a $0.67 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is currently 22.79%.

Visa announced that its board has approved a stock repurchase plan 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 repurchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

V has been the subject of several recent research reports. BMO Capital Markets boosted their target price on shares of Visa from $387.00 to $405.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Robert W. Baird lifted their price target on shares of Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Susquehanna reaffirmed a “positive” rating and issued a $427.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. TD Cowen reaffirmed a “buy” rating on shares of Visa in a research report on Wednesday, July 29th. Finally, Piper Sandler reiterated an “overweight” rating and set a $430.00 price objective (up from $394.00) on shares of Visa in a research note on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $413.12.

View Our Latest Analysis on Visa

Insider Activity

In other Visa news, General Counsel Julie B. Rottenberg sold 2,027 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total transaction of $729,720.00. Following the completion of the transaction, the general counsel directly owned 18,404 shares of the company’s stock, valued at $6,625,440. The trade was a 9.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 20,970 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,162,953.50. This trade represents a 58.02% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 101,398 shares of company stock valued at $35,831,433. Company insiders own 0.12% of the company’s stock.

Visa Company Profile

(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.

Recommended Stories

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)

Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.