Prentiss Smith & Co. Inc. grew its stake in shares of Visa Inc. (NYSE:V – Free Report) by 1.0% within the third quarter, HoldingsChannel.com studies. The agency owned 4,225 shares of the credit-card processor’s inventory after buying an extra 42 shares throughout the interval. Prentiss Smith & Co. Inc.’s holdings in Visa had been value $1,162,000 as of its most up-to-date SEC submitting.
Different institutional buyers and hedge funds have additionally lately modified their holdings of the corporate. James Hambro & Companions LLP grew its stake in shares of Visa by 7.0% within the third quarter. James Hambro & Companions LLP now owns 480,453 shares of the credit-card processor’s inventory value $132,043,000 after buying an extra 31,589 shares within the final quarter. Marino Stram & Associates LLC grew its place in Visa by 3.8% within the third quarter. Marino Stram & Associates LLC now owns 3,547 shares of the credit-card processor’s inventory value $975,000 after buying an extra 131 shares within the final quarter. Castleview Companions LLC elevated its stake in Visa by 4.0% within the third quarter. Castleview Companions LLC now owns 6,442 shares of the credit-card processor’s inventory valued at $1,771,000 after shopping for an extra 246 shares over the past quarter. Arlington Companions LLC lifted its place in shares of Visa by 26.2% throughout the third quarter. Arlington Companions LLC now owns 14,421 shares of the credit-card processor’s inventory value $3,965,000 after shopping for an extra 2,991 shares within the final quarter. Lastly, Trilogy Capital Inc. boosted its stake in shares of Visa by 1.3% within the third quarter. Trilogy Capital Inc. now owns 3,213 shares of the credit-card processor’s inventory value $883,000 after shopping for an extra 40 shares over the past quarter. 82.15% of the inventory is owned by hedge funds and different institutional buyers.
Insider Exercise at Visa
In different information, CEO Ryan Mcinerney bought 8,620 shares of the enterprise’s inventory in a transaction dated Tuesday, September third. The inventory was bought at a median value of $276.37, for a complete transaction of $2,382,309.40. Following the completion of the transaction, the chief govt officer now owns 538 shares of the corporate’s inventory, valued at roughly $148,687.06. The commerce was a 0.00 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the Securities & Change Fee, which will be accessed by way of the SEC web site. 0.19% of the inventory is owned by company insiders.
Analyst Rankings Adjustments
V has been the subject of plenty of current analyst studies. Oppenheimer initiated protection on Visa in a report on Tuesday, October 1st. They set an “outperform” score and a $318.00 value goal on the inventory. BMO Capital Markets boosted their value goal on shares of Visa from $300.00 to $310.00 and gave the inventory an “outperform” score in a report on Thursday, October third. Citigroup lowered their value goal on shares of Visa from $321.00 to $319.00 and set a “purchase” score for the corporate in a analysis report on Wednesday, July twenty fourth. Jefferies Monetary Group lowered their value goal on shares of Visa from $325.00 to $300.00 and set a “purchase” score on the inventory in a analysis report on Wednesday, July twenty fourth. Lastly, Evercore ISI decreased their value goal on shares of Visa from $335.00 to $330.00 and set an “outperform” score for the corporate in a analysis word on Tuesday, June twenty fifth. 4 analysts have rated the inventory with a maintain score, twenty-three have assigned a purchase score and two have issued a robust purchase score to the corporate’s inventory. Based on MarketBeat, the corporate at present has a consensus score of “Average Purchase” and a median goal value of $314.19.
Verify Out Our Newest Inventory Evaluation on Visa
Visa Value Efficiency
Shares of NYSE:V opened at $286.85 on Tuesday. The corporate has a 50 day transferring common of $277.45 and a 200 day transferring common of $272.97. The corporate has a present ratio of 1.37, a fast ratio of 1.37 and a debt-to-equity ratio of 0.54. The inventory has a market cap of $524.63 billion, a P/E ratio of 32.05, a P/E/G ratio of two.00 and a beta of 0.96. Visa Inc. has a 12 month low of $228.03 and a 12 month excessive of $293.07.
Visa (NYSE:V – Get Free Report) final launched its quarterly earnings outcomes on Tuesday, July twenty third. The credit-card processor reported $2.42 EPS for the quarter, assembly analysts’ consensus estimates of $2.42. Visa had a web margin of 54.72% and a return on fairness of 51.94%. The agency had income of $8.90 billion throughout the quarter, in comparison with analyst estimates of $8.92 billion. Throughout the identical interval within the earlier 12 months, the enterprise earned $2.16 EPS. The enterprise’s income for the quarter was up 9.6% on a year-over-year foundation. As a bunch, sell-side analysts forecast that Visa Inc. will submit 9.92 EPS for the present fiscal 12 months.
Visa Firm Profile
Visa Inc operates as a cost expertise firm in the US and internationally. The corporate operates VisaNet, a transaction processing community that permits authorization, clearing, and settlement of cost transactions. It additionally presents credit score, debit, and pay as you go card merchandise; faucet to pay, tokenization, and click on to pay providers; Visa Direct, an answer that facilitates the supply of funds to eligible playing cards, deposit accounts, and digital wallets; Visa B2B Join, a multilateral business-to-business cross-border funds community; Visa Cross-Border Answer, a cross-border shopper funds answer; and Visa DPS that gives a variety of value-added providers, together with fraud mitigation, dispute administration, knowledge analytics, marketing campaign administration, a set of digital options, and call middle providers.
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