SRN Advisors LLC lowered its stake in shares of Visa Inc. (NYSE:V – Free Report) by 6.8% in the course of the third quarter, in response to the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee. The agency owned 7,607 shares of the credit-card processor’s inventory after promoting 552 shares in the course of the quarter. Visa makes up about 1.9% of SRN Advisors LLC’s holdings, making the inventory its eleventh greatest holding. SRN Advisors LLC’s holdings in Visa had been price $2,092,000 as of its most up-to-date submitting with the Securities and Trade Fee.
A number of different institutional traders have additionally added to or lowered their stakes in V. POM Funding Methods LLC lifted its place in Visa by 970.0% in the course of the second quarter. POM Funding Methods LLC now owns 107 shares of the credit-card processor’s inventory valued at $28,000 after shopping for an extra 97 shares in the course of the interval. TruNorth Capital Administration LLC grew its holdings in Visa by 211.9% within the second quarter. TruNorth Capital Administration LLC now owns 131 shares of the credit-card processor’s inventory price $34,000 after buying an extra 89 shares in the course of the interval. Bbjs Monetary Advisors LLC purchased a brand new place in shares of Visa in the course of the second quarter valued at roughly $35,000. CarsonAllaria Wealth Administration Ltd. bought a brand new place in shares of Visa in the course of the second quarter valued at roughly $35,000. Lastly, Abich Monetary Wealth Administration LLC boosted its place in shares of Visa by 52.9% within the 1st quarter. Abich Monetary Wealth Administration LLC now owns 133 shares of the credit-card processor’s inventory price $37,000 after buying an extra 46 shares within the final quarter. 82.15% of the inventory is at present owned by institutional traders.
Insider Transactions at Visa
In associated information, CEO Ryan Mcinerney offered 8,620 shares of Visa inventory in a transaction on Tuesday, September third. The inventory was offered at a median value of $276.37, for a complete transaction of $2,382,309.40. Following the transaction, the chief govt officer now instantly owns 538 shares within the firm, valued at roughly $148,687.06. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by means of the SEC web site. 0.19% of the inventory is at present owned by firm insiders.
Analysts Set New Value Targets
A variety of analysis analysts not too long ago weighed in on V shares. TD Cowen lowered their value goal on Visa from $320.00 to $318.00 and set a “purchase” score for the corporate in a analysis report on Wednesday, July twenty fourth. JPMorgan Chase & Co. lifted their value goal on Visa from $290.00 to $320.00 and gave the inventory an “chubby” score in a analysis report on Tuesday, August twentieth. Citigroup minimize their value goal on shares of Visa from $321.00 to $319.00 and set a “purchase” score on the inventory in a analysis report on Wednesday, July twenty fourth. Royal Financial institution of Canada decreased their goal value on shares of Visa from $315.00 to $311.00 and set an “outperform” score for the corporate in a report on Wednesday, July twenty fourth. Lastly, Piper Sandler minimize their value goal on shares of Visa from $322.00 to $319.00 and set an “chubby” score on the inventory in a report on Wednesday, July twenty fourth. 4 equities analysis analysts have rated the inventory with a maintain score, twenty-three have given a purchase score and two have given a robust purchase score to the corporate’s inventory. In accordance with information from MarketBeat.com, Visa has a consensus score of “Average Purchase” and a median value goal of $314.19.
Learn Our Newest Analysis Report on Visa
Visa Inventory Up 0.9 %
Shares of V inventory opened at $284.19 on Tuesday. The corporate has a present ratio of 1.37, a fast ratio of 1.37 and a debt-to-equity ratio of 0.54. Visa Inc. has a 12 month low of $230.03 and a 12 month excessive of $293.07. The inventory has a market cap of $519.77 billion, a P/E ratio of 31.75, a P/E/G ratio of 1.95 and a beta of 0.96. The corporate has a 50 day easy transferring common of $279.37 and a two-hundred day easy transferring common of $273.22.
About Visa
Visa Inc operates as a cost expertise firm in the USA and internationally. The corporate operates VisaNet, a transaction processing community that permits 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 providers; 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 answer; and Visa DPS that gives a variety of value-added providers, together with fraud mitigation, dispute administration, information analytics, marketing campaign administration, a set of digital options, and speak to middle providers.
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