International Monetary Non-public Shopper LLC trimmed its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 1.0% within the 2nd quarter, in accordance with its most up-to-date disclosure with the SEC. The fund owned 6,007 shares of the credit-card processor’s inventory after promoting 62 shares in the course of the interval. International Monetary Non-public Shopper LLC’s holdings in Visa had been value $1,577,000 as of its most up-to-date SEC submitting.
Different giant traders have additionally not too long ago made adjustments to their positions within the firm. Vanguard Group Inc. raised 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 value $39,685,966,000 after buying a further 788,908 shares over the last quarter. Capital Worldwide Traders raised its holdings in Visa by 2.7% within the 1st quarter. Capital Worldwide Traders now owns 23,570,391 shares of the credit-card processor’s inventory value $6,578,025,000 after buying a further 626,618 shares over the last quarter. Capital World Traders raised its holdings in Visa by 5.4% within the 1st quarter. Capital World Traders now owns 18,863,796 shares of the credit-card processor’s inventory value $5,264,508,000 after buying a further 968,008 shares over the last quarter. Norges Financial institution bought a brand new place in Visa within the 4th quarter value roughly $3,895,015,000. Lastly, Charles Schwab Funding Administration Inc. raised its holdings in Visa by 1.4% within the 4th quarter. Charles Schwab Funding Administration Inc. now owns 10,524,329 shares of the credit-card processor’s inventory value $2,725,079,000 after buying a further 141,566 shares over the last quarter. 82.15% of the inventory is presently owned by hedge funds and different institutional traders.
Wall Road Analysts Forecast Development
Quite a lot of equities analysts not too long ago weighed in on V shares. Financial institution of America restated a “impartial” score and issued a $297.00 worth goal (down from $305.00) on shares of Visa in a report on Wednesday, July tenth. JPMorgan Chase & Co. boosted their worth goal on shares of Visa from $290.00 to $320.00 and gave the inventory an “chubby” score in a report on Tuesday, August twentieth. Morgan Stanley decreased their worth goal on shares of Visa from $326.00 to $322.00 and set an “chubby” score for the corporate in a report on Wednesday, July twenty fourth. StockNews.com raised shares of Visa from a “maintain” score to a “purchase” score in a analysis report on Friday, August ninth. Lastly, Evercore ISI minimize their goal worth on shares of Visa from $335.00 to $330.00 and set an “outperform” score for the corporate in a analysis report on Tuesday, June twenty fifth. Six analysts have rated the inventory with a maintain score, twenty-one have issued a purchase score and one has assigned a powerful purchase score to the corporate’s inventory. In response to knowledge from MarketBeat.com, Visa presently has a mean score of “Reasonable Purchase” and a consensus worth goal of $308.50.
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Visa Buying and selling Up 0.7 %
Shares of V inventory opened at $276.37 on Friday. Visa Inc. has a 1 12 months low of $227.78 and a 1 12 months excessive of $290.96. The agency has a fifty day shifting common worth of $265.67 and a 200-day shifting common worth of $273.12. 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 corporate has a market cap of $505.46 billion, a price-to-earnings ratio of 30.88, a PEG ratio of 1.89 and a beta of 0.95.
Visa (NYSE:V – Get Free Report) final issued its earnings outcomes on Tuesday, July twenty third. The credit-card processor reported $2.42 earnings per share for the quarter, hitting the consensus estimate of $2.42. The corporate had income of $8.90 billion in the course of the quarter, in comparison with the consensus estimate of $8.92 billion. Visa had a web margin of 54.72% and a return on fairness of 51.94%. Visa’s quarterly income was up 9.6% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the agency posted $2.16 EPS. As a bunch, equities analysts predict that Visa Inc. will submit 9.91 earnings per share for the present 12 months.
Visa Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which might be paid on Tuesday, September third. Traders of file on Friday, August ninth might be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 0.75%. The ex-dividend date is Friday, August ninth. Visa’s dividend payout ratio is presently 23.24%.
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 allows authorization, clearing, and settlement of cost transactions. It additionally affords 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 shopper funds answer; and Visa DPS that gives a spread of value-added companies, together with fraud mitigation, dispute administration, knowledge analytics, marketing campaign administration, a collection of digital options, and get in touch with middle companies.
Featured Tales
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