Visa Inc. $V Holdings Decreased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH lowered its stake in Visa Inc. (NYSE:V) by 3.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,281 shares of the credit-card processor’s stock after selling 1,467 shares during the quarter. Visa comprises about 1.3% of MASTERINVEST Kapitalanlage GmbH’s portfolio, making the stock its 14th biggest holding. MASTERINVEST Kapitalanlage GmbH’s holdings in Visa were worth $13,751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of V. AQR Capital Management LLC increased its position in Visa by 1.8% during the second quarter. AQR Capital Management LLC now owns 1,241,348 shares of the credit-card processor’s stock worth $438,196,000 after buying an additional 21,401 shares during the last quarter. Precedent Wealth Partners LLC boosted its stake in shares of Visa by 7.5% during the 2nd quarter. Precedent Wealth Partners LLC now owns 1,588 shares of the credit-card processor’s stock worth $564,000 after acquiring an additional 111 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Visa by 5.9% during the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 95,150 shares of the credit-card processor’s stock worth $33,783,000 after acquiring an additional 5,295 shares in the last quarter. Consilium Wealth Advisory LLC acquired a new position in shares of Visa during the 2nd quarter valued at about $862,000. Finally, NatWest Group plc raised its stake in shares of Visa by 43.8% in the 2nd quarter. NatWest Group plc now owns 45,660 shares of the credit-card processor’s stock valued at $16,212,000 after acquiring an additional 13,912 shares in the last quarter. Institutional investors own 82.15% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on V shares. HSBC raised Visa from a “hold” rating to a “buy” rating and upped their target price for the stock from $335.00 to $389.00 in a research report on Sunday, December 7th. Bank of America raised shares of Visa from a “neutral” rating to a “buy” rating and set a $382.00 price objective for the company in a report on Thursday, December 11th. Morgan Stanley set a $398.00 target price on shares of Visa and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Robert W. Baird set a $425.00 target price on shares of Visa in a research report on Wednesday, October 29th. Finally, Hsbc Global Res raised Visa from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Five analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $402.52.

Insider Activity at Visa

In related news, CEO Ryan Mcinerney sold 10,485 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $341.00, for a total transaction of $3,575,385.00. Following the transaction, the chief executive officer directly owned 537 shares in the company, valued at $183,117. The trade was a 95.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Paul D. Fabara sold 2,172 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $325.93, for a total value of $707,919.96. Following the completion of the transaction, the insider directly owned 26,413 shares of the company’s stock, valued at approximately $8,608,789.09. This trade represents a 7.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,042 shares of company stock worth $8,247,289 over the last three months. Company insiders own 0.12% of the company’s stock.

Visa Trading Down 0.7%

Shares of V stock opened at $349.75 on Monday. The firm has a market capitalization of $637.15 billion, a P/E ratio of 34.26, a price-to-earnings-growth ratio of 2.06 and a beta of 0.81. Visa Inc. has a 1 year low of $299.00 and a 1 year high of $375.51. The firm’s fifty day simple moving average is $340.09 and its 200 day simple moving average is $344.13. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.53.

Visa (NYSE:V) last issued its quarterly earnings results on Tuesday, October 28th. The credit-card processor reported $2.98 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.01. The firm had revenue of $10.72 billion during the quarter, compared to the consensus estimate of $10.60 billion. Visa had a net margin of 50.15% and a return on equity of 60.31%. The business’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.71 EPS. As a group, sell-side analysts predict that Visa Inc. will post 11.3 EPS for the current year.

Visa Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Wednesday, November 12th were paid a $0.67 dividend. The ex-dividend date was Wednesday, November 12th. This is a boost from Visa’s previous quarterly dividend of $0.59. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa’s dividend payout ratio is 26.25%.

Visa Company 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.