Diversify Wealth Administration LLC boosted its stake in Visa Inc. (NYSE:V – Free Report) by 6.2% through the third quarter, in accordance with the corporate in its most up-to-date disclosure with the SEC. The agency owned 14,745 shares of the credit-card processor’s inventory after buying an extra 862 shares through the interval. Diversify Wealth Administration LLC’s holdings in Visa had been price $4,184,000 as of its most up-to-date submitting with the SEC.
Different hedge funds have additionally added to or decreased their stakes within the firm. Vanguard Group Inc. elevated its holdings in Visa by 0.6% within the 1st quarter. Vanguard Group Inc. now owns 142,202,830 shares of the credit-card processor’s inventory price $39,685,966,000 after buying an extra 788,908 shares over the last quarter. Capital Worldwide Traders elevated its stake in shares of Visa by 2.7% within the first quarter. Capital Worldwide Traders now owns 23,570,391 shares of the credit-card processor’s inventory price $6,578,025,000 after buying an extra 626,618 shares within the final quarter. Capital World Traders raised its place in shares of Visa by 5.4% within the first quarter. Capital World Traders now owns 18,863,796 shares of the credit-card processor’s inventory valued at $5,264,508,000 after buying an extra 968,008 shares through the interval. Ameriprise Monetary Inc. lifted its stake in shares of Visa by 2.4% through the 2nd quarter. Ameriprise Monetary Inc. now owns 14,610,590 shares of the credit-card processor’s inventory valued at $3,833,981,000 after shopping for an extra 345,829 shares within the final quarter. Lastly, Authorized & Normal Group Plc boosted its holdings in Visa by 2.2% within the 2nd quarter. Authorized & Normal Group Plc now owns 14,416,394 shares of the credit-card processor’s inventory price $3,783,857,000 after shopping for an extra 312,286 shares through the interval. Institutional traders personal 82.15% of the corporate’s inventory.
Wall Road Analysts Forecast Development
A variety of equities analysis analysts have issued experiences on the inventory. Royal Financial institution of Canada boosted their goal worth on shares of Visa from $311.00 to $322.00 and gave the corporate an “outperform” ranking in a report on Wednesday. Piper Sandler elevated their worth goal on Visa from $319.00 to $322.00 and gave the inventory an “chubby” ranking in a report on Wednesday. StockNews.com raised Visa from a “maintain” ranking to a “purchase” ranking in a report on Friday, August ninth. Oppenheimer reissued an “outperform” ranking and issued a $321.00 worth goal (up from $318.00) on shares of Visa in a report on Wednesday. Lastly, The Goldman Sachs Group reaffirmed a “purchase” ranking and set a $317.00 worth goal on shares of Visa in a analysis notice on Thursday, September twelfth. 4 funding analysts have rated the inventory with a maintain ranking, twenty-four have issued a purchase ranking and two have given a powerful purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, Visa at the moment has a consensus ranking of “Average Purchase” and a consensus goal worth of $320.07.
Learn Our Newest Report on Visa
Insider Transactions at Visa
In associated information, CEO Ryan Mcinerney bought 8,620 shares of the inventory in a transaction dated Tuesday, September third. The shares had been bought at a median worth of $276.37, for a complete transaction of $2,382,309.40. Following the sale, the chief govt officer now straight owns 538 shares of the corporate’s inventory, valued at roughly $148,687.06. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which might be accessed by means of this hyperlink. Insiders personal 0.19% of the corporate’s inventory.
Visa Inventory Efficiency
Shares of V opened at $289.89 on Friday. The corporate has a 50-day easy transferring common of $280.53 and a two-hundred day easy transferring common of $273.50. The corporate has a debt-to-equity ratio of 0.55, a present ratio of 1.28 and a fast ratio of 1.37. The agency has a market capitalization of $528.27 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of two.00 and a beta of 0.96. Visa Inc. has a one yr low of $232.99 and a one yr excessive of $296.34.
Visa (NYSE:V – Get Free Report) final launched its earnings outcomes on Tuesday, October twenty ninth. The credit-card processor reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.58 by $0.13. Visa had a internet margin of 54.96% and a return on fairness of 53.16%. The agency had income of $9.62 billion for the quarter, in comparison with the consensus estimate of $9.49 billion. Throughout the identical interval within the prior yr, the agency earned $2.33 EPS. The corporate’s income was up 11.7% in comparison with the identical quarter final yr. On common, analysts anticipate that Visa Inc. will publish 11.12 EPS for the present fiscal yr.
Visa Will increase Dividend
The agency additionally just lately introduced a quarterly dividend, which might be paid on Monday, December 2nd. Stockholders of report on Tuesday, November twelfth might be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 0.81%. This can be a constructive change from Visa’s earlier quarterly dividend of $0.52. The ex-dividend date is Tuesday, November twelfth. Visa’s dividend payout ratio (DPR) is presently 21.38%.
Visa Firm Profile
Visa Inc operates as a fee know-how firm in the USA and internationally. The corporate operates VisaNet, a transaction processing community that permits authorization, clearing, and settlement of fee 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 resolution; and Visa DPS that gives a variety of value-added companies, together with fraud mitigation, dispute administration, knowledge analytics, marketing campaign administration, a set of digital options, and get in touch with middle companies.
Beneficial Tales
Obtain Information & Rankings for Visa Day by day – Enter your e-mail tackle beneath to obtain a concise every day abstract of the most recent information and analysts’ rankings for Visa and associated corporations with MarketBeat.com’s FREE every day e-mail publication.
