KCM Funding Advisors LLC trimmed its place in shares of Visa Inc. (NYSE:V – Free Report) by 0.5% within the 2nd quarter, based on the corporate in its most up-to-date submitting with the Securities and Trade Fee (SEC). The fund owned 161,617 shares of the credit-card processor’s inventory after promoting 885 shares in the course of the quarter. Visa makes up about 1.5% of KCM Funding Advisors LLC’s funding portfolio, making the inventory its fifteenth largest holding. KCM Funding Advisors LLC’s holdings in Visa had been value $42,420,000 on the finish of the latest reporting interval.
Different institutional buyers have additionally made modifications to their positions within the firm. GUNN & Co INVESTMENT MANAGEMENT INC. lifted its holdings in Visa by 1,215.7% within the 4th quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 168,786 shares of the credit-card processor’s inventory value $43,943,000 after buying a further 155,957 shares over the past quarter. Brio Consultants LLC lifted its holdings in Visa by 39.1% within the 4th quarter. Brio Consultants LLC now owns 1,555 shares of the credit-card processor’s inventory value $405,000 after buying a further 437 shares over the past quarter. Gilbert & Cook dinner Inc. lifted its holdings in Visa by 2.9% within the 4th quarter. Gilbert & Cook dinner Inc. now owns 5,629 shares of the credit-card processor’s inventory value $1,466,000 after buying a further 158 shares over the past quarter. Duff & Phelps Funding Administration Co. lifted its holdings in Visa by 0.3% within the 4th quarter. Duff & Phelps Funding Administration Co. now owns 17,812 shares of the credit-card processor’s inventory value $4,637,000 after buying a further 50 shares over the past quarter. Lastly, Cozad Asset Administration Inc. elevated its place in Visa by 1.9% within the 4th quarter. Cozad Asset Administration Inc. now owns 4,419 shares of the credit-card processor’s inventory value $1,150,000 after shopping for a further 84 shares in the course of the interval. 82.15% of the inventory is presently owned by institutional buyers and hedge funds.
Visa Worth Efficiency
Shares of V inventory opened at $276.37 on Friday. The inventory’s fifty day easy transferring common is $265.67 and its 200 day easy transferring common is $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 agency has a market cap of $505.46 billion, a price-to-earnings ratio of 30.88, a P/E/G ratio of 1.89 and a beta of 0.95. Visa Inc. has a one yr low of $227.78 and a one yr excessive of $290.96.
Visa (NYSE:V – Get Free Report) final introduced its quarterly earnings outcomes on Tuesday, July twenty third. The credit-card processor reported $2.42 EPS for the quarter, assembly the consensus estimate of $2.42. The enterprise had income of $8.90 billion for the quarter, in comparison with analyst estimates of $8.92 billion. Visa had a return on fairness of 51.94% and a web margin of 54.72%. Visa’s quarterly income was up 9.6% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the agency earned $2.16 EPS. On common, analysts count on that Visa Inc. will put up 9.91 earnings per share for the present fiscal yr.
Visa Broadcasts Dividend
The agency additionally not too long ago disclosed a quarterly dividend, which will likely be paid on Tuesday, September third. Shareholders of document on Friday, August ninth will likely be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized foundation and a yield of 0.75%. The ex-dividend date of this dividend is Friday, August ninth. Visa’s dividend payout ratio is presently 23.24%.
Analysts Set New Worth Targets
A number of analysis analysts have commented on the corporate. JPMorgan Chase & Co. lifted their value goal on Visa from $290.00 to $320.00 and gave the inventory an “obese” score in a analysis report on Tuesday, August twentieth. Citigroup dropped their value goal on Visa from $321.00 to $319.00 and set a “purchase” score on the inventory in a analysis report on Wednesday, July twenty fourth. StockNews.com raised Visa from a “maintain” score to a “purchase” score in a analysis report on Friday, August ninth. Morgan Stanley dropped their value goal on Visa from $326.00 to $322.00 and set an “obese” score on the inventory in a analysis report on Wednesday, July twenty fourth. Lastly, Piper Sandler dropped their value goal on Visa from $322.00 to $319.00 and set an “obese” score on the inventory in a analysis report on Wednesday, July twenty fourth. Six equities analysis analysts have rated the inventory with a maintain score, twenty-one have given a purchase score and one has given a powerful purchase score to the corporate’s inventory. In accordance with information from MarketBeat.com, Visa presently has a mean score of “Average Purchase” and a consensus value goal of $308.50.
Learn Our Newest Inventory Report on Visa
Visa Firm Profile
Visa Inc operates as a fee know-how firm in america and internationally. The corporate operates VisaNet, a transaction processing community that permits authorization, clearing, and settlement of fee transactions. It additionally gives 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 speak to middle companies.
Really useful Tales
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