Visa Inc. $V Shares Purchased by Focused Wealth Management Inc

Focused Wealth Management Inc lifted its stake in shares of Visa Inc. (NYSE:V) by 111.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,538 shares of the credit-card processor’s stock after purchasing an additional 1,866 shares during the period. Focused Wealth Management Inc’s holdings in Visa were worth $1,069,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Chapman Financial Group LLC boosted its position in Visa by 0.9% during the third quarter. Chapman Financial Group LLC now owns 3,211 shares of the credit-card processor’s stock worth $1,096,000 after acquiring an additional 30 shares during the last quarter. Ransom Advisory Ltd raised its holdings in Visa by 0.3% in the 4th quarter. Ransom Advisory Ltd now owns 9,447 shares of the credit-card processor’s stock valued at $3,313,000 after acquiring an additional 30 shares during the last quarter. Bank OZK lifted its stake in Visa by 3.7% in the 3rd quarter. Bank OZK now owns 858 shares of the credit-card processor’s stock worth $293,000 after purchasing an additional 31 shares in the last quarter. FOCUS Wealth Advisors LLC lifted its stake in Visa by 0.4% in the 4th quarter. FOCUS Wealth Advisors LLC now owns 7,710 shares of the credit-card processor’s stock worth $2,704,000 after purchasing an additional 31 shares in the last quarter. Finally, Planned Solutions Inc. boosted its holdings in shares of Visa by 2.0% during the 4th quarter. Planned Solutions Inc. now owns 1,598 shares of the credit-card processor’s stock worth $560,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa Stock Performance

Shares of Visa stock opened at $330.42 on Friday. The stock has a market capitalization of $592.70 billion, a price-to-earnings ratio of 28.78, a price-to-earnings-growth ratio of 1.77 and a beta of 0.77. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50-day moving average of $322.94 and a 200 day moving average of $324.21. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $359.66.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.75 billion. During the same quarter in the prior year, the company earned $2.76 earnings per share. The company’s revenue was up 17.1% on a year-over-year basis. As a group, sell-side analysts forecast that Visa Inc. will post 13.09 earnings per share for the current year.

Visa Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. Visa’s payout ratio is currently 23.34%.

Visa announced that its board has initiated a stock buyback program on Tuesday, April 28th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched Visa Destinations, a travel-planning platform now live in major global cities, which could open a new consumer-facing growth channel and strengthen Visa’s brand in the travel economy. Visa Redefines Its Role in Travel With the Global Launch of Visa Destinations
• Positive Sentiment: Visa expanded Visa Cloud Connect with Thredd in Asia-Pacific, supporting faster card issuing for fintechs and digital banks and underscoring growing demand for Visa’s network infrastructure. Thredd Brings Visa Cloud Connect Live in Asia Pacific to Support Faster, More Reliable Issuing Across the Region
• Positive Sentiment: Visa announced a multi-year partnership with Evo to power a global gaming community through early 2028, adding another high-visibility use case for cross-border commerce and fan engagement. Evo and Visa Announce Multi-Year Partnership to Power a Global Game Community
• Neutral Sentiment: Analyst commentary continued to highlight Visa as a long-term favorite, but this is more supportive of the valuation backdrop than a direct near-term catalyst. Why Visa (V) is a Top Stock for the Long-Term

Analysts Set New Price Targets

V has been the subject of a number of recent research reports. Evercore set a $350.00 target price on Visa in a research note on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating and set a $415.00 price target on shares of Visa in a research report on Wednesday, April 29th. Oppenheimer reissued an “outperform” rating and issued a $403.00 price objective (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 price objective on shares of Visa in a research report on Wednesday, April 29th. Finally, Truist Financial set a $371.00 target price on shares of Visa and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Six equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Visa presently has a consensus rating of “Buy” and an average price target of $387.78.

Insider Buying and Selling

In related news, CFO Chris Suh sold 10,639 shares of Visa stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the transaction, the chief financial officer owned 9,872 shares in the company, valued at $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This trade represents a 67.46% 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. 0.12% of the stock is currently owned by corporate insiders.

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.