Capstone Triton Monetary Group LLC lifted its holdings in Visa Inc. (NYSE:V – Free Report) by 15.5% within the 2nd quarter, in keeping with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee. The fund owned 3,734 shares of the credit-card processor’s inventory after buying an extra 500 shares through the interval. Capstone Triton Monetary Group LLC’s holdings in Visa have been value $980,000 on the finish of the latest reporting interval.
Different giant buyers have additionally lately purchased and offered shares of the corporate. Thames Capital Administration LLC raised its holdings in Visa by 3.2% within the 2nd quarter. Thames Capital Administration LLC now owns 49,469 shares of the credit-card processor’s inventory value $12,984,000 after buying an extra 1,548 shares through the interval. Blue Whale Capital LLP grew its place in shares of Visa by 4.6% within the second quarter. Blue Whale Capital LLP now owns 203,400 shares of the credit-card processor’s inventory valued at $53,386,000 after buying an extra 8,900 shares over the last quarter. Sei Investments Co. lifted its place in shares of Visa by 3.5% through the 2nd quarter. Sei Investments Co. now owns 1,665,218 shares of the credit-card processor’s inventory value $437,060,000 after buying an extra 57,034 shares over the last quarter. Pacer Advisors Inc. lifted its place in shares of Visa by 5.5% through the 2nd quarter. Pacer Advisors Inc. now owns 148,785 shares of the credit-card processor’s inventory value $39,052,000 after buying an extra 7,807 shares over the last quarter. Lastly, Skandinaviska Enskilda Banken AB publ boosted its stake in Visa by 2.4% through the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 1,403,208 shares of the credit-card processor’s inventory valued at $368,075,000 after buying an extra 32,852 shares through the interval. 82.15% of the inventory is presently owned by institutional buyers.
Wall Avenue Analyst Weigh In
A number of brokerages have commented on V. JPMorgan Chase & Co. lifted their worth goal on Visa from $290.00 to $320.00 and gave the inventory an “chubby” score in a analysis report on Tuesday, August twentieth. Piper Sandler reduce their goal worth on shares of Visa from $322.00 to $319.00 and set an “chubby” score for the corporate in a analysis word on Wednesday, July twenty fourth. Jefferies Monetary Group diminished their worth goal on shares of Visa from $325.00 to $300.00 and set a “purchase” score for the corporate in a report on Wednesday, July twenty fourth. The Goldman Sachs Group reaffirmed a “purchase” score and set a $317.00 worth goal on shares of Visa in a analysis report on Thursday, September twelfth. Lastly, StockNews.com upgraded Visa from a “maintain” score to a “purchase” score in a analysis word on Friday, August ninth. Six equities analysis analysts have rated the inventory with a maintain score, twenty-four have issued a purchase score and one has given a robust purchase score to the corporate. In response to information from MarketBeat, the inventory presently has a median score of “Reasonable Purchase” and a consensus goal worth of $310.22.
Learn Our Newest Analysis Report on Visa
Insider Transactions at Visa
In different Visa information, CEO Ryan Mcinerney offered 8,620 shares of the agency’s inventory in a transaction dated Tuesday, September third. The inventory was offered at a median worth of $276.37, for a complete transaction of $2,382,309.40. Following the transaction, the chief govt officer now owns 538 shares within the firm, valued at $148,687.06. The sale was disclosed in a doc filed with the SEC, which is obtainable by means of this hyperlink. 0.19% of the inventory is owned by company insiders.
Visa Value Efficiency
Shares of V inventory opened at $284.67 on Friday. The corporate has a fast ratio of 1.37, a present ratio of 1.37 and a debt-to-equity ratio of 0.54. Visa Inc. has a 12 month low of $227.78 and a 12 month excessive of $293.07. The agency has a market cap of $518.76 billion, a price-to-earnings ratio of 31.81, a PEG ratio of two.05 and a beta of 0.96. The inventory has a 50-day shifting common worth of $270.65 and a 200 day shifting common worth of $273.49.
Visa (NYSE:V – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, July twenty third. The credit-card processor reported $2.42 EPS for the quarter, hitting the consensus estimate of $2.42. Visa had a web margin of 54.72% and a return on fairness of 51.94%. The corporate had income of $8.90 billion through the quarter, in comparison with analysts’ expectations of $8.92 billion. Throughout the identical quarter within the earlier 12 months, the corporate earned $2.16 EPS. Visa’s income was up 9.6% on a year-over-year foundation. Analysis analysts count on that Visa Inc. will submit 9.92 EPS for the present 12 months.
Visa Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which was paid on Tuesday, September third. Stockholders of report on Friday, August ninth have been paid a $0.52 dividend. This represents a $2.08 dividend on an annualized foundation and a dividend yield of 0.73%. The ex-dividend date of this dividend was Friday, August ninth. Visa’s dividend payout ratio (DPR) is presently 23.24%.
Visa Firm Profile
Visa Inc operates as a fee expertise firm in the US 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 Answer, a cross-border client funds resolution; 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 heart companies.
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