Biltmore Family Office LLC increased its holdings in Visa Inc. (NYSE:V – Free Report) by 118.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,670 shares of the credit-card processor’s stock after purchasing an additional 7,411 shares during the quarter. Biltmore Family Office LLC’s holdings in Visa were worth $4,667,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. Harbor Asset Planning Inc. acquired a new stake in Visa in the 2nd quarter valued at $29,000. Sagard Holdings Management Inc. acquired a new position in Visa during the second quarter worth $31,000. Bare Financial Services Inc lifted its holdings in Visa by 287.0% during the second quarter. Bare Financial Services Inc now owns 89 shares of the credit-card processor’s stock valued at $32,000 after purchasing an additional 66 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Visa in the second quarter valued at about $36,000. Finally, Winnow Wealth LLC purchased a new stake in shares of Visa during the second quarter worth about $40,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.
Visa Stock Performance
Shares of Visa stock opened at $326.01 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.08 and a current ratio of 1.08. The business’s 50 day moving average price is $338.50 and its 200 day moving average price is $342.42. The company has a market cap of $593.90 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 1.92 and a beta of 0.81. Visa Inc. has a one year low of $299.00 and a one year high of $375.51.
Visa Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 12th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, November 12th. This is a positive change from Visa’s previous quarterly dividend of $0.59. Visa’s dividend payout ratio (DPR) is presently 26.25%.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on V shares. KeyCorp restated an “overweight” rating and set a $405.00 price target on shares of Visa in a research report on Wednesday, October 22nd. Wells Fargo & Company upgraded Visa to a “strong-buy” rating in a research note on Wednesday, October 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Visa in a research report on Wednesday. Evercore ISI set a $380.00 price target on Visa in a research note on Friday, December 12th. Finally, Robert W. Baird set a $425.00 price objective on Visa in a research note on Wednesday, October 29th. Four analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Visa has an average rating of “Buy” and an average price target of $401.52.
Check Out Our Latest Stock Report on Visa
Key Stories Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Analysts remain upbeat ahead of earnings — JPMorgan and others expect resilient consumer spending and solid growth at Visa and Mastercard into the Jan. 29 earnings window, which supports upside if volume and revenue trends hold. Visa, Mastercard Head Into Earnings With Spending Holding Firm
- Positive Sentiment: Partnership expansion into crypto-to-fiat rails via Mercuryo could open new volume and fees through Visa Direct and faster fiat conversions, a potential long-term revenue tailwind if adoption scales. Visa Brings Crypto-To-Fiat Convenience To Millions Via Mercuryo
- Neutral Sentiment: Wall Street broadly expects earnings growth for the quarter, which tempers downside risk — but forecasts leave little margin for a surprise beat, so guidance will drive near-term moves. Visa (V) Reports Next Week: Wall Street Expects Earnings Growth
- Neutral Sentiment: Industry commentary at Davos frames stablecoins (USDC) as complementary infrastructure rather than direct competition to card networks — this reduces regulatory/competitive threat but leaves blockchain adoption as a parallel opportunity. Circle CEO says USDC is a neutral layer, not a rival to Visa or Mastercard
- Negative Sentiment: Caution from some analysts: rising incentives and operating costs plus Visa’s rich valuation are cited as reasons to wait before buying ahead of the report — any weak guidance on margins or incentives could pressure the stock. Thinking of Buying Visa Before Q1 Earnings? You Might Want to Wait
Insider Activity
In other news, Director Lloyd Carney sold 900 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $336.48, for a total transaction of $302,832.00. Following the completion of the sale, the director owned 2,468 shares in the company, valued at $830,432.64. This trade represents a 26.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Ryan Mcinerney sold 10,485 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $349.18, for a total value of $3,661,152.30. Following the completion of the transaction, the chief executive officer owned 9,401 shares in the company, valued at $3,282,641.18. This represents a 52.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 24,042 shares of company stock valued at $8,247,289 in the last 90 days. Company insiders own 0.12% of the company’s stock.
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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