Visa Inc. (NYSE:V) Shares Acquired by Nikulski Financial Inc.

Nikulski Financial Inc. boosted its position in shares of Visa Inc. (NYSE:V) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,048 shares of the credit-card processor’s stock after purchasing an additional 120 shares during the period. Visa makes up 1.2% of Nikulski Financial Inc.’s portfolio, making the stock its 26th biggest position. Nikulski Financial Inc.’s holdings in Visa were worth $3,397,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its holdings in Visa by 7.0% during the 4th quarter. Handelsbanken Fonder AB now owns 567,038 shares of the credit-card processor’s stock valued at $147,628,000 after purchasing an additional 37,125 shares in the last quarter. Obsidian Personal Planning Solutions LLC boosted its stake in Visa by 18.3% during the 4th quarter. Obsidian Personal Planning Solutions LLC now owns 2,104 shares of the credit-card processor’s stock valued at $548,000 after acquiring an additional 325 shares during the last quarter. Criterion Capital Advisors LLC bought a new position in Visa during the 4th quarter valued at $2,398,000. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in Visa by 23.6% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 153,164 shares of the credit-card processor’s stock valued at $39,895,000 after acquiring an additional 29,224 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in Visa by 2.9% during the 4th quarter. Signaturefd LLC now owns 38,256 shares of the credit-card processor’s stock valued at $9,960,000 after acquiring an additional 1,090 shares during the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Visa

In other Visa news, CEO Ryan Mcinerney sold 8,200 shares of Visa stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $280.36, for a total value of $2,298,952.00. Following the completion of the sale, the chief executive officer now directly owns 538 shares in the company, valued at $150,833.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CAO Peter M. Andreski sold 2,615 shares of Visa stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $278.88, for a total value of $729,271.20. Following the transaction, the chief accounting officer now owns 4,898 shares of the company’s stock, valued at $1,365,954.24. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Ryan Mcinerney sold 8,200 shares of Visa stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $280.36, for a total transaction of $2,298,952.00. Following the completion of the transaction, the chief executive officer now directly owns 538 shares in the company, valued at approximately $150,833.68. The disclosure for this sale can be found here. Insiders sold 18,965 shares of company stock worth $5,256,352 over the last ninety days. 0.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on V shares. TD Cowen started coverage on shares of Visa in a research note on Thursday, April 11th. They set a “buy” rating and a $320.00 price objective on the stock. Susquehanna increased their price objective on shares of Visa from $300.00 to $326.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Royal Bank of Canada increased their price objective on shares of Visa from $290.00 to $309.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Barclays raised their price target on shares of Visa from $304.00 to $319.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Visa from $305.00 to $315.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Five equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $298.43.

Visa Stock Performance

V stock opened at $272.31 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.45 and a current ratio of 1.45. The stock has a market cap of $500.10 billion, a P/E ratio of 31.34, a P/E/G ratio of 1.86 and a beta of 0.96. The firm has a 50 day simple moving average of $279.52 and a 200 day simple moving average of $263.62. Visa Inc. has a 52 week low of $216.14 and a 52 week high of $290.96.

Visa (NYSE:V) last posted its earnings results on Thursday, January 25th. The credit-card processor reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.07. The firm had revenue of $8.63 billion during the quarter, compared to analysts’ expectations of $8.55 billion. Visa had a net margin of 53.92% and a return on equity of 50.02%. The company’s revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.18 earnings per share. Research analysts anticipate that Visa Inc. will post 9.88 earnings per share for the current fiscal year.

Visa Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 9th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date was Thursday, February 8th. Visa’s dividend payout ratio (DPR) is presently 23.94%.

About Visa

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.