Traders purchased shares of Visa Inc. (NYSE:V) on weakness during trading on Thursday. $177.93 million flowed into the stock on the tick-up and $109.78 million flowed out of the stock on the tick-down, for a money net flow of $68.15 million into the stock. Of all stocks tracked, Visa had the 6th highest net in-flow for the day. Visa traded down ($0.57) for the day and closed at $78.79

Several research firms recently weighed in on V. Evercore ISI raised their price objective on Visa from $84.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, April 4th. Sanford C. Bernstein reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Visa in a research note on Saturday, April 2nd. Morgan Stanley reaffirmed a “buy” rating and issued a $98.00 price objective on shares of Visa in a research note on Thursday, March 31st. Sterne Agee CRT reaffirmed a “buy” rating on shares of Visa in a research note on Saturday, April 9th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Visa in a research note on Thursday, April 7th. Six equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $86.55.

The stock has a market capitalization of $187.94 billion and a PE ratio of 27.46. The company’s 50 day moving average price is $77.59 and its 200 day moving average price is $75.68.

Visa (NYSE:V) last posted its quarterly earnings data on Thursday, July 21st. The credit-card processor reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. The firm earned $3.63 billion during the quarter, compared to analysts’ expectations of $3.67 billion. Equities analysts expect that Visa Inc. will post $2.78 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 6th. Stockholders of record on Friday, August 19th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Wednesday, August 17th.

A number of large investors recently modified their holdings of V. Vanguard Group Inc. boosted its stake in shares of Visa by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 114,903,414 shares of the credit-card processor’s stock valued at $8,910,760,000 after buying an additional 2,667,567 shares in the last quarter. Morgan Stanley boosted its stake in shares of Visa by 14.5% in the fourth quarter. Morgan Stanley now owns 31,698,355 shares of the credit-card processor’s stock valued at $2,458,206,000 after buying an additional 4,002,722 shares in the last quarter. Edgewood Management LLC boosted its stake in shares of Visa by 5.8% in the fourth quarter. Edgewood Management LLC now owns 10,950,127 shares of the credit-card processor’s stock valued at $849,182,000 after buying an additional 595,793 shares in the last quarter. Egerton Capital UK LLP boosted its stake in shares of Visa by 56.8% in the fourth quarter. Egerton Capital UK LLP now owns 7,128,193 shares of the credit-card processor’s stock valued at $552,791,000 after buying an additional 2,580,759 shares in the last quarter. Finally, Baillie Gifford & Co. boosted its stake in shares of Visa by 6.8% in the fourth quarter. Baillie Gifford & Co. now owns 6,868,214 shares of the credit-card processor’s stock valued at $532,630,000 after buying an additional 439,853 shares in the last quarter.

Visa Inc is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments.

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