Visa Inc. $V Shares Sold by Trek Financial LLC

Trek Financial LLC reduced its stake in shares of Visa Inc. (NYSE:V) by 55.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,432 shares of the credit-card processor’s stock after selling 5,593 shares during the quarter. Trek Financial LLC’s holdings in Visa were worth $1,593,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. John Boyer Inc. bought a new position in Visa in the third quarter worth about $27,000. Philadelphia Investment Partners LLC purchased a new stake in shares of Visa during the second quarter valued at about $29,000. Virtus Advisers LLC purchased a new stake in shares of Visa during the second quarter valued at about $33,000. Robinswood Financial LLC purchased a new stake in shares of Visa during the first quarter valued at about $35,000. Finally, Portfolio Resources Advisor Group Inc. bought a new stake in shares of Visa in the 3rd quarter valued at about $35,000. Institutional investors own 82.15% of the company’s stock.

Visa Price Performance

Shares of NYSE V opened at $425.60 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.97. The company has a market cap of $759.45 billion, a PE ratio of 34.52, a P/E/G ratio of 1.88 and a beta of 0.77. The business has a 50-day simple moving average of $382.40 and a two-hundred day simple moving average of $342.74. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $426.78.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.04. Visa had a net margin of 51.20% and a return on equity of 70.50%. The firm had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.09 billion. During the same quarter in the prior year, the company posted $2.98 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. As a group, equities analysts expect that Visa Inc. will post 15.03 EPS for the current fiscal year.

Visa Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be paid a $0.78 dividend. This is a boost from Visa’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, November 10th. This represents a $3.12 dividend on an annualized basis and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is 21.74%.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Higher analyst target: Cantor Fitzgerald maintained an Overweight rating and raised its price target to $500, citing Visa’s strong fundamentals while highlighting the importance of monitoring its payments mix. Visa Stocks Rise 2.4% With Higher Cantor Target Facing a Payments-Mix Test
• Positive Sentiment: Zacks upgraded Visa to Rank #2, or Buy, reflecting growing confidence in its earnings prospects. The upgrade may encourage additional buying and supports the broader analyst-positive narrative. Visa Upgraded to Buy
• Positive Sentiment: Stablecoin adoption is expanding: Visa reported a surge in stablecoin use for business payments, offering a potential long-term growth avenue and reinforcing its role in emerging payment technologies. Visa Reports Surge in Stablecoin Use for Business Payments
• Positive Sentiment: Credit trends remain supportive: Recent big-bank results suggest consumers are managing credit-card debt relatively well, reducing concern that credit deterioration will hurt payment volumes. What the Big Banks’ Third-Quarter Reports Say About Credit Card Borrowers
• Neutral Sentiment: Visa is receiving substantial investor attention, while analysts are publishing updated expectations for its upcoming quarterly results. This may increase trading interest but does not itself change the company’s fundamentals. Investors Heavily Search Visa
• Negative Sentiment: Industry risks remain: Visa and other payment networks face higher technology costs and inflation pressure. Investors are also watching whether shifts in the payments mix and competition from alternative payment methods could constrain growth. Zacks Industry Outlook Highlights Visa and Payments Companies

Insider Activity at Visa

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,444,582.94. The trade was a 27.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total transaction of $687,690.78. Following the transaction, the general counsel owned 18,404 shares in the company, valued at $6,778,929.36. The trade was a 9.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 21,520 shares of company stock worth $7,960,757. 0.12% of the stock is owned by insiders.

Analysts Set New Price Targets

V has been the topic of a number of analyst reports. Rothschild & Co Redburn lifted their price objective on shares of Visa from $430.00 to $444.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. DZ Bank reissued a “buy” rating on shares of Visa in a research report on Monday, August 3rd. Barclays increased their target price on shares of Visa from $420.00 to $440.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Citigroup restated a “buy” rating and issued a $440.00 target price (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $471.00 price target (up from $416.00) on shares of Visa in a report on Wednesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $440.03.

About Visa

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.