Premier Path Wealth Partners LLC raised its position in shares of Visa Inc. (NYSE:V – Free Report) by 9.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,294 shares of the credit-card processor’s stock after purchasing an additional 1,369 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Visa were worth $5,590,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in V. G&S Capital LLC boosted its holdings in shares of Visa by 4.0% in the second quarter. G&S Capital LLC now owns 761 shares of the credit-card processor’s stock worth $261,000 after buying an additional 29 shares during the last quarter. Keating Financial Advisory Services Inc. grew its position in Visa by 0.9% during the second quarter. Keating Financial Advisory Services Inc. now owns 3,189 shares of the credit-card processor’s stock valued at $1,094,000 after buying an additional 29 shares during the period. NerdWallet Wealth Partners LLC increased its holdings in Visa by 4.5% during the second quarter. NerdWallet Wealth Partners LLC now owns 695 shares of the credit-card processor’s stock valued at $239,000 after buying an additional 30 shares during the last quarter. Frederick Financial Consultants LLC increased its holdings in Visa by 2.0% during the fourth quarter. Frederick Financial Consultants LLC now owns 1,598 shares of the credit-card processor’s stock valued at $560,000 after buying an additional 31 shares during the last quarter. Finally, Kuhn & Co Investment Counsel raised its position in Visa by 0.5% in the fourth quarter. Kuhn & Co Investment Counsel now owns 6,096 shares of the credit-card processor’s stock worth $2,138,000 after acquiring an additional 32 shares during the period. Hedge funds and other institutional investors own 82.15% of the company’s stock.
Visa Trading Up 0.2%
Shares of V stock opened at $379.17 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a fifty day simple moving average of $362.88 and a two-hundred day simple moving average of $332.97. The firm has a market capitalization of $676.60 billion, a PE ratio of 32.24, a PEG ratio of 2.03 and a beta of 0.76. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $385.57.
Visa Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 11th. Visa’s dividend payout ratio (DPR) is 22.79%.
Insider Buying and Selling at Visa
In related news, CEO Ryan Mcinerney sold 5,875 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $379.65, for a total transaction of $2,230,443.75. Following the completion of the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,760,809.10. This represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,028 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the transaction, the general counsel directly owned 18,404 shares of the company’s stock, valued at $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. 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 a total of 104,537 shares of company stock valued at $37,540,837 in the last three months. 0.12% of the stock is currently owned by corporate insiders.
Key Stories Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched an enhanced A2A Protect platform featuring real-time risk insights and a unified fraud score incorporating Featurespace technology. The product is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s fraud-prevention and software revenue. Visa launches enhanced A2A Protect
- Positive Sentiment: Visa integrated with Handwave to allow cards to be linked to palm biometrics for payments. The technology could improve checkout convenience and security while supporting growth in tokenized and biometric transactions. Handwave Visa palm biometrics integration
- Positive Sentiment: Visa’s network is being used in additional stablecoin applications, including Advasa’s upgraded Visa card with USDC payment support. Broader stablecoin acceptance could create longer-term transaction opportunities, complementing Visa’s recent 14.4% revenue growth and quarterly earnings beat. Advasa expands Visa card to support USDC
- Neutral Sentiment: Twenty-one financial institutions are reportedly advancing a jointly backed stablecoin venture, signaling that competition is shifting toward payment infrastructure and distribution. The development validates the stablecoin market but could increase competition with Visa’s role as the payments industry develops. Stablecoins this week
- Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares for approximately $2.23 million, and General Counsel Julie Rottenberg previously sold about $773,000. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as signals of deteriorating business expectations, though the sales may weigh on sentiment. Visa insider selling
- Negative Sentiment: Reports that Robinhood memecoin purchases made with credit cards may be coded as digital-media transactions could draw scrutiny over rewards eligibility and transaction classification. Any resulting disputes or policy changes could create friction for Visa and card issuers in crypto-related payments. Robinhood memecoin credit-card coding
Wall Street Analysts Forecast Growth
V has been the topic of several analyst reports. UBS Group reiterated a “buy” rating and set a $420.00 price target (up from $410.00) on shares of Visa in a research note on Wednesday, July 29th. JPMorgan Chase & Co. lifted their target price on Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Truist Financial set a $406.00 price target on Visa and gave the stock a “buy” rating in a research report on Wednesday, August 5th. BNP Paribas Exane raised Visa to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, Robert W. Baird boosted their price objective on Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $416.62.
View Our Latest Stock 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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