Signaturefd LLC raised its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 2.0% through the 2nd quarter, in response to its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The institutional investor owned 39,940 shares of the credit-card processor’s inventory after buying an extra 800 shares through the interval. Signaturefd LLC’s holdings in Visa had been price $10,483,000 as of its most up-to-date SEC submitting.
A lot of different institutional buyers additionally lately added to or lowered their stakes in V. Vanguard Group Inc. raised its holdings in Visa by 0.6% through the first 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 within the final quarter. Capital Worldwide Buyers raised its stake in shares of Visa by 2.7% within the 1st quarter. Capital Worldwide Buyers now owns 23,570,391 shares of the credit-card processor’s inventory price $6,578,025,000 after shopping for an extra 626,618 shares within the final quarter. Capital World Buyers lifted its holdings in shares of Visa by 5.4% within the first quarter. Capital World Buyers now owns 18,863,796 shares of the credit-card processor’s inventory valued at $5,264,508,000 after shopping for an extra 968,008 shares through the interval. Norges Financial institution purchased a brand new place in Visa through the fourth quarter valued at about $3,895,015,000. Lastly, Charles Schwab Funding Administration Inc. grew its holdings in Visa by 1.4% through the fourth quarter. Charles Schwab Funding Administration Inc. now owns 10,524,329 shares of the credit-card processor’s inventory price $2,725,079,000 after buying an extra 141,566 shares through the interval. Institutional buyers and hedge funds personal 82.15% of the corporate’s inventory.
Analyst Rankings Adjustments
A number of analysis companies have lately weighed in on V. Royal Financial institution of Canada lowered their worth goal on shares of Visa from $315.00 to $311.00 and set an “outperform” score for the corporate in a analysis report on Wednesday, July twenty fourth. Morgan Stanley lowered their goal worth on shares of Visa from $326.00 to $322.00 and set an “obese” score for the corporate in a report on Wednesday, July twenty fourth. JPMorgan Chase & Co. lifted their worth goal on shares of Visa from $290.00 to $320.00 and gave the inventory an “obese” score in a analysis report on Tuesday, August twentieth. TD Cowen decreased their worth 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. Lastly, Evercore ISI lower their worth goal on Visa from $335.00 to $330.00 and set an “outperform” score on the inventory in a report on Tuesday, June twenty fifth. Six analysis analysts have rated the inventory with a maintain score, twenty-one have given a purchase score and one has given a robust purchase score to the corporate’s inventory. Based on MarketBeat, Visa presently has a median score of “Average Purchase” and a median goal worth of $308.50.
View Our Newest Analysis Report on V
Visa Buying and selling Up 0.7 %
Shares of Visa inventory opened at $276.37 on Friday. The corporate’s fifty day easy transferring common is $265.67 and its 200-day easy transferring common is $273.12. 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 1 yr low of $227.78 and a 1 yr excessive of $290.96. 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 introduced its quarterly earnings outcomes on Tuesday, July twenty third. The credit-card processor reported $2.42 earnings per share (EPS) for the quarter, assembly the consensus estimate of $2.42. Visa had a internet margin of 54.72% and a return on fairness of 51.94%. The agency had income of $8.90 billion through the quarter, in comparison with the consensus estimate of $8.92 billion. Throughout the identical interval final yr, the agency posted $2.16 EPS. The agency’s quarterly income was up 9.6% on a year-over-year foundation. As a bunch, sell-side analysts anticipate that Visa Inc. will publish 9.91 EPS for the present yr.
Visa Broadcasts Dividend
The corporate additionally lately introduced a quarterly dividend, which shall be paid on Tuesday, September third. Stockholders of report on Friday, August ninth shall be given a dividend of $0.52 per share. The ex-dividend date is Friday, August ninth. This represents a $2.08 dividend on an annualized foundation and a dividend yield of 0.75%. Visa’s payout ratio is presently 23.24%.
Visa Firm Profile
Visa Inc operates as a cost know-how firm in the USA 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 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 resolution; and Visa DPS that gives a variety of value-added providers, together with fraud mitigation, dispute administration, information analytics, marketing campaign administration, a collection of digital options, and speak to heart providers.
See Additionally
Need to see what different hedge funds are holding V? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).
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