Tyche Wealth Companions LLC elevated its place in shares of Visa Inc. (NYSE:V – Free Report) by 0.5% within the third quarter, in response to the corporate in its most up-to-date 13F submitting with the Securities and Change Fee. The fund owned 26,373 shares of the credit-card processor’s inventory after buying a further 135 shares throughout the interval. Visa makes up about 1.6% of Tyche Wealth Companions LLC’s portfolio, making the inventory its twelfth largest holding. Tyche Wealth Companions LLC’s holdings in Visa had been price $7,251,000 on the finish of the newest reporting interval.
A number of different institutional buyers have additionally added to or lowered their stakes within the firm. Worldwide Property Funding Administration LLC elevated its holdings in shares of Visa by 45,189.4% throughout the third quarter. Worldwide Property Funding Administration LLC now owns 9,758,505 shares of the credit-card processor’s inventory price $2,683,101,000 after buying a further 9,736,958 shares throughout the interval. SG Americas Securities LLC elevated its stake in Visa by 4,412.3% throughout the third quarter. SG Americas Securities LLC now owns 4,072,467 shares of the credit-card processor’s inventory price $1,119,725,000 after buying a further 4,166,905 shares throughout the interval. Nationwide Financial institution of Canada FI raised its holdings in Visa by 787.1% within the 1st quarter. Nationwide Financial institution of Canada FI now owns 4,619,881 shares of the credit-card processor’s inventory valued at $1,296,820,000 after buying a further 4,099,122 shares within the final quarter. Swedbank AB acquired a brand new place in Visa within the 1st quarter valued at $511,321,000. Lastly, GQG Companions LLC grew its holdings in shares of Visa by 40.1% throughout the 1st quarter. GQG Companions LLC now owns 5,990,634 shares of the credit-card processor’s inventory price $1,671,866,000 after buying a further 1,715,686 shares within the final quarter. 82.15% of the inventory is at present owned by institutional buyers.
Visa Worth Efficiency
Visa inventory opened at $290.16 on Thursday. The inventory has a market capitalization of $530.68 billion, a price-to-earnings ratio of 32.42, a PEG ratio of 1.95 and a beta of 0.96. Visa Inc. has a 52-week low of $232.99 and a 52-week excessive of $295.78. The corporate has a debt-to-equity ratio of 0.54, a fast ratio of 1.37 and a present ratio of 1.37. The inventory’s 50 day transferring common worth is $280.09 and its two-hundred day transferring common worth is $273.38.
Visa (NYSE:V – Get Free Report) final issued its earnings outcomes on Tuesday, October twenty ninth. The credit-card processor reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.13. Visa had a web margin of 54.72% and a return on fairness of 51.94%. The enterprise had income of $9.62 billion for the quarter, in comparison with analyst estimates of $9.49 billion. Throughout the identical interval within the prior yr, the agency earned $2.33 earnings per share. Visa’s income was up 11.7% on a year-over-year foundation. On common, equities analysts predict that Visa Inc. will submit 9.92 earnings per share for the present yr.
Analysts Set New Worth Targets
A number of analysis corporations just lately weighed in on V. Compass Level assumed protection on shares of Visa in a analysis report on Wednesday, September 4th. They set a “purchase” score and a $319.00 worth goal for the corporate. TD Cowen upped their worth goal on shares of Visa from $318.00 to $325.00 and gave the inventory a “purchase” score in a report on Wednesday. Monness Crespi & Hardt restated a “impartial” score on shares of Visa in a analysis report on Tuesday, September twenty fourth. Royal Financial institution of Canada raised their goal worth on Visa from $311.00 to $322.00 and gave the corporate an “outperform” score in a report on Wednesday. Lastly, Oppenheimer reissued an “outperform” score and set a $321.00 worth goal (up beforehand from $318.00) on shares of Visa in a report on Wednesday. 4 analysis analysts have rated the inventory with a maintain score, twenty-four have issued a purchase score and two have assigned a robust purchase score to the inventory. In accordance with information from MarketBeat, Visa at present has a consensus score of “Reasonable Purchase” and a mean worth goal of $320.07.
Examine Out Our Newest Report on V
Insider Transactions at Visa
In different Visa information, CEO Ryan Mcinerney offered 8,620 shares of the agency’s inventory in a transaction that occurred on Tuesday, September third. The inventory was 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 government officer now owns 538 shares of the corporate’s inventory, valued at roughly $148,687.06. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. Insiders personal 0.19% of the corporate’s inventory.
Visa Firm Profile
Visa Inc operates as a cost know-how firm in america and internationally. The corporate operates VisaNet, a transaction processing community that allows authorization, clearing, and settlement of cost transactions. It additionally provides credit score, debit, and pay as you go card merchandise; faucet to pay, tokenization, and click on to pay companies; 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 client funds answer; and Visa DPS that gives a variety of value-added companies, together with fraud mitigation, dispute administration, information analytics, marketing campaign administration, a collection of digital options, and get in touch with middle companies.
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