Investors sold shares of Visa Inc. (NYSE:V) on strength during trading on Friday. $62.92 million flowed into the stock on the tick-up and $284.30 million flowed out of the stock on the tick-down, for a money net flow of $221.38 million out of the stock. Of all equities tracked, Visa had the 0th highest net out-flow for the day. Visa traded up $0.25 for the day and closed at $80.57

Several equities research analysts have recently weighed in on the stock. Vetr lowered shares of Visa from a “buy” rating to a “hold” rating and set a $83.12 target price on the stock. in a report on Monday, August 8th. Zacks Investment Research raised shares of Visa from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Tuesday, July 19th. Barclays PLC lowered their target price on shares of Visa from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Thursday, July 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $90.00 target price on shares of Visa in a report on Friday, July 22nd. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $93.00 target price on shares of Visa in a report on Friday, July 22nd. Four investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $88.26.

The company has a 50-day moving average price of $79.27 and a 200-day moving average price of $76.95. The company has a market capitalization of $190.14 billion and a PE ratio of 34.24.

Visa (NYSE:V) last posted its quarterly earnings results on Thursday, July 21st. The credit-card processor reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.03. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.67 billion. Equities analysts predict that Visa Inc. will post $2.79 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 6th. Stockholders of record on Friday, August 19th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Wednesday, August 17th.

Several institutional investors have recently modified their holdings of the company. Moors & Cabot Inc. raised its position in shares of Visa by 26.5% in the fourth quarter. Moors & Cabot Inc. now owns 17,253 shares of the credit-card processor’s stock worth $1,336,000 after buying an additional 3,615 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Visa by 31.0% in the fourth quarter. Private Advisor Group LLC now owns 92,838 shares of the credit-card processor’s stock worth $7,199,000 after buying an additional 21,951 shares during the last quarter. BOKF NA raised its position in shares of Visa by 1.4% in the fourth quarter. BOKF NA now owns 140,546 shares of the credit-card processor’s stock worth $10,899,000 after buying an additional 2,008 shares during the last quarter. Dai Ichi Life Insurance CO. LTD. raised its position in shares of Visa by 22.7% in the fourth quarter. Dai Ichi Life Insurance CO. LTD. now owns 298,686 shares of the credit-card processor’s stock worth $23,163,000 after buying an additional 55,347 shares during the last quarter. Finally, Whittier Trust Co. raised its position in shares of Visa by 3.3% in the fourth quarter. Whittier Trust Co. now owns 349,459 shares of the credit-card processor’s stock worth $27,097,000 after buying an additional 11,182 shares during 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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