New World Advisors LLC lessened its holdings in Visa Inc. (NYSE:V – Free Report) by 3.9% through the third quarter, in line with its most up-to-date disclosure with the Securities and Alternate Fee (SEC). The institutional investor owned 3,007 shares of the credit-card processor’s inventory after promoting 122 shares through the interval. Visa accounts for roughly 0.2% of New World Advisors LLC’s portfolio, making the inventory its fifteenth largest holding. New World Advisors LLC’s holdings in Visa have been price $827,000 as of its most up-to-date SEC submitting.
Different giant traders have additionally modified their holdings of the corporate. POM Funding Methods LLC raised its stake in Visa by 970.0% within the 2nd quarter. POM Funding Methods LLC now owns 107 shares of the credit-card processor’s inventory valued at $28,000 after buying an extra 97 shares over the past quarter. TruNorth Capital Administration LLC grew its holdings in shares of Visa by 211.9% through the second quarter. TruNorth Capital Administration LLC now owns 131 shares of the credit-card processor’s inventory price $34,000 after shopping for an extra 89 shares within the final quarter. Bbjs Monetary Advisors LLC acquired a brand new place in shares of Visa within the second quarter valued at roughly $35,000. CarsonAllaria Wealth Administration Ltd. bought a brand new place in shares of Visa through the second quarter valued at roughly $35,000. Lastly, Abich Monetary Wealth Administration LLC boosted its place in Visa by 52.9% through the first quarter. Abich Monetary Wealth Administration LLC now owns 133 shares of the credit-card processor’s inventory price $37,000 after buying an extra 46 shares over the past quarter. 82.15% of the inventory is at present owned by institutional traders and hedge funds.
Analyst Upgrades and Downgrades
V has been the subject of a variety of latest analyst experiences. TD Cowen lowered their worth goal on Visa from $320.00 to $318.00 and set a “purchase” score on the inventory in a analysis word on Wednesday, July twenty fourth. Morgan Stanley reissued an “chubby” score and issued a $322.00 worth goal on shares of Visa in a analysis word on Wednesday, September twenty fifth. BNP Paribas raised shares of Visa from a “impartial” score to an “outperform” score and set a $325.00 worth goal for the corporate in a analysis word on Tuesday, September third. William Blair upgraded shares of Visa to a “strong-buy” score in a report on Tuesday, July twenty third. Lastly, BMO Capital Markets elevated their worth goal on shares of Visa from $300.00 to $310.00 and gave the inventory an “outperform” score in a analysis word on Thursday, October third. 4 analysis analysts have rated the inventory with a maintain score, twenty-three have issued a purchase score and two have issued a powerful purchase score to the inventory. In line with information from MarketBeat.com, the corporate at present has a mean score of “Average Purchase” and a consensus worth goal of $314.19.
Learn Our Newest Evaluation on V
Insider Shopping for and Promoting at Visa
In associated information, CEO Ryan Mcinerney offered 8,620 shares of Visa inventory in a transaction on Tuesday, September third. The shares have been offered at a mean worth of $276.37, for a complete worth of $2,382,309.40. Following the completion of the sale, the chief govt officer now owns 538 shares within the firm, 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 submitting with the Securities & Alternate Fee, which is accessible via this hyperlink. 0.19% of the inventory is owned by insiders.
Visa Inventory Up 0.9 %
Shares of Visa inventory opened at $284.19 on Tuesday. Visa Inc. has a 1-year low of $230.03 and a 1-year excessive of $293.07. The corporate has a market capitalization of $519.77 billion, a PE ratio of 31.75, a P/E/G ratio of 1.95 and a beta of 0.96. The corporate has a debt-to-equity ratio of 0.54, a present ratio of 1.37 and a fast ratio of 1.37. The enterprise has a 50-day transferring common of $279.37 and a 200-day transferring common of $273.22.
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 Resolution, a cross-border shopper funds resolution; and Visa DPS that gives a variety of value-added providers, together with fraud mitigation, dispute administration, information analytics, marketing campaign administration, a collection of digital options, and phone heart providers.
Featured Tales
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