Visa Inc (NYSE:V) is Capital International Sarl’s 7th Largest Position

Capital International Sarl increased its holdings in shares of Visa Inc (NYSE:V) by 13.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,338 shares of the credit-card processor’s stock after purchasing an additional 8,288 shares during the period. Visa makes up 2.1% of Capital International Sarl’s holdings, making the stock its 7th biggest position. Capital International Sarl’s holdings in Visa were worth $13,404,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. OLD Second National Bank of Aurora acquired a new position in shares of Visa in the fourth quarter valued at approximately $27,000. Sageworth Trust Co purchased a new position in Visa during the 4th quarter valued at about $40,000. Lloyd Advisory Services LLC. acquired a new stake in Visa in the 4th quarter worth approximately $43,000. TI Trust Inc. acquired a new position in shares of Visa during the fourth quarter worth approximately $44,000. Finally, CXI Advisors acquired a new position in shares of Visa in the fourth quarter valued at $45,000. 82.41% of the stock is owned by hedge funds and other institutional investors.

V stock traded up $5.85 during midday trading on Thursday, hitting $167.64. 8,252,216 shares of the stock traded hands, compared to its average volume of 19,172,908. The firm has a market cap of $303.27 billion, a P/E ratio of 30.59, a PEG ratio of 1.66 and a beta of 0.94. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.27 and a quick ratio of 1.27. The stock’s fifty day simple moving average is $186.24 and its 200-day simple moving average is $184.64. Visa Inc has a 1-year low of $133.93 and a 1-year high of $214.17.

Visa (NYSE:V) last released its quarterly earnings results on Thursday, January 30th. The credit-card processor reported $1.46 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.46. The company had revenue of $6.05 billion for the quarter, compared to analyst estimates of $6.08 billion. Visa had a net margin of 52.60% and a return on equity of 43.15%. The firm’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the business earned $1.30 earnings per share. On average, research analysts predict that Visa Inc will post 6.02 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Friday, February 14th were given a $0.30 dividend. This is a positive change from Visa’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.20 annualized dividend and a dividend yield of 0.72%. Visa’s dividend payout ratio (DPR) is 22.06%.

V has been the topic of a number of research analyst reports. Raymond James raised their price target on Visa from $205.00 to $221.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. Credit Suisse Group dropped their price target on Visa from $223.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday. Morgan Stanley dropped their price objective on Visa from $188.00 to $172.00 and set an “overweight” rating for the company in a report on Monday. Guggenheim reiterated a “buy” rating and issued a $222.00 price target on shares of Visa in a research note on Monday, February 3rd. Finally, Jefferies Financial Group reduced their price target on Visa from to in a research report on Wednesday, March 18th. Four equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. Visa presently has an average rating of “Buy” and a consensus price target of $214.15.

In related news, CAO James H. Hoffmeister sold 2,186 shares of Visa stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $208.71, for a total value of $456,240.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Alfred F. Kelly, Jr. sold 7,000 shares of Visa stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $189.31, for a total transaction of $1,325,170.00. Following the completion of the transaction, the chief executive officer now owns 150,514 shares of the company’s stock, valued at approximately $28,493,805.34. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,371 shares of company stock worth $7,814,759. Company insiders own 0.19% of the company’s stock.

Visa Company Profile

Visa Inc operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

Featured Story: How to trade on quiet period expirations

Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc (NYSE:V).

Institutional Ownership by Quarter for Visa (NYSE:V)

Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.