Danica Pension Livsforsikringsaktieselskab Has $33.43 Million Stock Position in Visa Inc. $V

Danica Pension Livsforsikringsaktieselskab raised its holdings in shares of Visa Inc. (NYSE:V) by 6.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,426 shares of the credit-card processor’s stock after acquiring an additional 5,709 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Visa were worth $33,426,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC raised its holdings in Visa by 50.1% during the fourth quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock worth $6,522,000 after acquiring an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Visa by 68.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock worth $3,733,000 after purchasing an additional 4,817 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its stake in shares of Visa by 4.6% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor’s stock worth $3,834,000 after purchasing an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its holdings in shares of Visa by 16.9% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor’s stock valued at $402,000 after buying an additional 164 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Visa by 13.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor’s stock valued at $6,521,000 after buying an additional 2,230 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Trading Up 1.6%

V stock opened at $364.55 on Wednesday. Visa Inc. has a one year low of $293.89 and a one year high of $373.97. The stock has a market cap of $650.52 billion, a price-to-earnings ratio of 31.00, a price-to-earnings-growth ratio of 1.95 and a beta of 0.74. The company has a fifty day moving average price of $350.95 and a two-hundred day moving average price of $328.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99.

Visa (NYSE:V) last issued its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The company’s revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.98 earnings per share. Equities analysts anticipate that Visa Inc. will post 13.16 EPS for the current year.

Visa Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 11th. Visa’s dividend payout ratio is currently 22.79%.

Visa declared that its board has authorized a stock repurchase program on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on V. TD Cowen restated a “buy” rating on shares of Visa in a report on Wednesday, July 29th. BMO Capital Markets increased their price target on shares of Visa from $387.00 to $405.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Sanford C. Bernstein restated an “outperform” rating and set a $450.00 price objective on shares of Visa in a research note on Tuesday, June 2nd. Erste Group Bank raised shares of Visa from a “hold” rating to a “buy” rating in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. According to MarketBeat.com, Visa currently has an average rating of “Buy” and an average target price of $413.58.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Analyst coverage highlighted Visa’s payment growth as a key investment theme, reinforcing expectations that rising transaction volumes and digital commerce can support continued earnings expansion. Top Analyst Reports for Visa, Lam Research & Caterpillar
• Positive Sentiment: Visa Direct’s 21% transaction growth and expansion into cross-border payments and stablecoin use cases could create an additional growth engine beyond traditional card payments. Can Visa Direct Give Visa’s Growth Story a New Direction?
• Positive Sentiment: Visa joined Rain’s Agentic Payments Alliance alongside Mastercard, Fiserv, Circle, Solana and Remitly. The initiative could help Visa establish standards and capture transactions generated by AI agents making purchases for consumers and businesses. Visa and Mastercard Join Rain’s Agentic Commerce Coalition
• Positive Sentiment: Kraken’s new Krak debit card is issued on Visa’s network and allows U.S. customers to spend crypto and fiat balances across more than 600 assets. Additional card issuance and transaction volume could modestly increase Visa’s payments activity. Kraken’s Krak debuts US debit card
• Positive Sentiment: Bill Ackman’s newly disclosed investment in Visa adds a high-profile endorsement of the company’s long-term value proposition, potentially improving investor sentiment. Bill Ackman Bets Big on Visa
• Neutral Sentiment: Visa is reportedly seeking a new stablecoin settlement partner after Mastercard acquired BVNK. The search underscores Visa’s commitment to the emerging market, although the need to replace a partner may reflect increased competitive pressure. Visa Seeks New Stablecoin Partner

Insiders Place Their Bets

In other news, CEO Ryan Mcinerney sold 10,490 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $343.99, for a total transaction of $3,608,455.10. Following the completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at $5,219,704.26. The trade was a 40.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total value of $729,720.00. Following the sale, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $6,625,440. This represents a 9.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 90,759 shares of company stock worth $32,375,779 over the last three months. Insiders own 0.12% of the company’s stock.

Visa Profile

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.