World Investment Advisors Acquires 13,614 Shares of Visa Inc. $V

World Investment Advisors grew its holdings in Visa Inc. (NYSE:V) by 12.9% in the 4th quarter, Holdings Channel reports. The fund owned 119,198 shares of the credit-card processor’s stock after purchasing an additional 13,614 shares during the quarter. Visa comprises 0.7% of World Investment Advisors’ portfolio, making the stock its 24th biggest holding. World Investment Advisors’ holdings in Visa were worth $41,804,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of Visa by 15.1% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 391,641 shares of the credit-card processor’s stock valued at $137,352,000 after acquiring an additional 51,520 shares during the period. Boyd Watterson Asset Management LLC OH lifted its position in Visa by 3.0% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 15,014 shares of the credit-card processor’s stock worth $5,265,000 after purchasing an additional 436 shares during the period. Argos Wealth Advisors LLC bought a new position in Visa in the fourth quarter worth $2,078,000. Valley Wealth Managers Inc. lifted its position in Visa by 19.6% in the fourth quarter. Valley Wealth Managers Inc. now owns 7,082 shares of the credit-card processor’s stock worth $2,484,000 after purchasing an additional 1,160 shares during the period. Finally, One Day In July LLC lifted its position in Visa by 113.1% in the fourth quarter. One Day In July LLC now owns 2,312 shares of the credit-card processor’s stock worth $811,000 after purchasing an additional 1,227 shares during the period. 82.15% of the stock is owned by institutional investors.

Visa Stock Up 0.8%

Shares of NYSE V opened at $326.41 on Wednesday. The stock has a market cap of $585.50 billion, a PE ratio of 28.43, a PEG ratio of 1.73 and a beta of 0.78. The business has a fifty day moving average of $311.08 and a two-hundred day moving average of $326.25. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $375.51. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09.

Visa (NYSE:V) last issued its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. The company had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business’s revenue was up 17.1% on a year-over-year basis. During the same period last year, the business earned $2.76 earnings per share. As a group, equities research analysts expect that Visa Inc. will post 13.08 earnings per share for the current fiscal year.

Visa declared that its Board of Directors has initiated a share buyback program on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Visa Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. Visa’s dividend payout ratio (DPR) is presently 23.34%.

Insiders Place Their Bets

In other news, Director Lloyd Carney sold 650 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total value of $201,253.00. Following the completion of the sale, the director directly owned 2,679 shares in the company, valued at approximately $829,471.98. This trade represents a 19.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ryan Mcinerney sold 31,455 shares of the firm’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the completion of the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

V has been the subject of several research reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $415.00 target price on shares of Visa in a research report on Wednesday, April 29th. Bank of America initiated coverage on Visa in a research report on Thursday, March 5th. They issued a “buy” rating and a $410.00 target price for the company. BMO Capital Markets initiated coverage on Visa in a research report on Tuesday, April 21st. They issued an “outperform” rating and a $365.00 target price for the company. Piper Sandler set a $160.00 target price on Visa in a research report on Wednesday, January 28th. Finally, Evercore set a $350.00 target price on Visa in a research report on Wednesday, April 29th. Six equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $387.67.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched and expanded several new partnerships, including Visa Flexible Credential with Zilch and Thredd in the UK, and tap-based identity verification / Tap to Confirm tools with Fidelity Bank Bahamas and Keyno, underscoring continued innovation and adoption of Visa’s network. Article Title
• Positive Sentiment: Visa’s collaboration with FPT AI Factory and InFlow to launch an agent-native commerce platform adds another sign that the company is positioning itself for AI-driven purchasing and automated payments. Article Title
• Neutral Sentiment: Market commentary and industry reports continue to frame digital payments as a long-term growth area, but these pieces are more about the broader sector than a direct new financial catalyst for Visa. Article Title
• Neutral Sentiment: News that Brazilian payments network Elo may pursue a U.S. IPO is a competitive development in payments, but it does not appear to be a near-term threat to Visa’s scale or network leadership. Article Title

About Visa

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.