MassMutual Private Wealth & Trust FSB Has $49.97 Million Stake in Visa Inc. $V

MassMutual Private Wealth & Trust FSB trimmed its position in Visa Inc. (NYSE:V) by 1.7% during the second quarter, HoldingsChannel.com reports. The fund owned 145,648 shares of the credit-card processor’s stock after selling 2,580 shares during the quarter. Visa makes up 1.3% of MassMutual Private Wealth & Trust FSB’s portfolio, making the stock its 16th biggest position. MassMutual Private Wealth & Trust FSB’s holdings in Visa were worth $49,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Visa by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock valued at $56,455,834,000 after buying an additional 1,054,343 shares in the last quarter. State Street Corp grew its position in Visa by 0.8% in the fourth quarter. State Street Corp now owns 82,798,151 shares of the credit-card processor’s stock valued at $29,038,140,000 after acquiring an additional 626,821 shares during the last quarter. Geode Capital Management LLC raised its stake in Visa by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 44,042,586 shares of the credit-card processor’s stock worth $15,411,395,000 after acquiring an additional 388,996 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Visa by 1.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 41,092,294 shares of the credit-card processor’s stock worth $14,411,480,000 after acquiring an additional 716,218 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Visa by 1.7% in the fourth quarter. Bank of America Corp DE now owns 23,835,336 shares of the credit-card processor’s stock worth $8,359,291,000 after acquiring an additional 398,459 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Trading Down 0.1%

NYSE V opened at $365.77 on Tuesday. The business’s 50-day moving average price is $341.85 and its two-hundred day moving average price is $325.92. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $373.97. The firm has a market capitalization of $656.10 billion, a PE ratio of 31.10, a price-to-earnings-growth ratio of 1.98 and a beta of 0.74. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60.

Visa (NYSE:V) last issued its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. The firm had revenue of $11.63 billion for the quarter, compared to the consensus estimate of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.98 EPS. On average, analysts expect that Visa Inc. will post 13.12 EPS for the current year.

Visa Announces Dividend

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

Visa announced that its Board of Directors has approved a stock repurchase program on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on V shares. Weiss Ratings upgraded shares of Visa from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. UBS Group reiterated a “buy” rating and set a $420.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $430.00 price target on shares of Visa in a research note on Wednesday, July 29th. BNP Paribas Exane upgraded Visa to a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, BMO Capital Markets boosted their price objective on Visa from $387.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $413.12.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa agreed to acquire BioCatch for approximately $2.4 billion in cash. BioCatch uses behavioral biometrics, including typing patterns, touchscreen behavior and device handling, to identify account takeovers, scams, money-mule activity and application fraud before transactions occur. The deal should strengthen Visa’s fraud, cybersecurity and risk-management offerings as AI-enabled scams become more sophisticated. Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
• Positive Sentiment: Visa is expanding its payment ecosystem through GCash, which plans to introduce card-linking capabilities with Visa and Mastercard. The rollout could improve consumer payment convenience and support transaction growth in the Philippines. GCash to expand payment options with Visa and Mastercard card linking
• Neutral Sentiment: Visa continues to promote controls and data governance for “agentic” artificial-intelligence systems. The initiative supports long-term opportunities in AI-enabled commerce, although it does not represent a near-term financial catalyst. Visa Says the Agentic Enterprise Starts With Better Controls
• Neutral Sentiment: Predictions that AI-powered cryptocurrency payments will become mainstream could eventually create new transaction opportunities for Visa, but the outlook is speculative and Ethereum-based adoption is not an immediate earnings driver. Tom Lee Predicts AI-Powered Crypto Payments Will Go Mainstream in Under Five Years
• Negative Sentiment: Elon Musk’s X Money is adding debit cards and money-transfer features, increasing competition for Visa in digital payments. The potential impact remains uncertain because the service is initially limited to select users. Elon Musk introduces money transfer service to social media app X
• Negative Sentiment: The BioCatch transaction requires a substantial cash outlay, which may pressure near-term returns if the acquisition takes time to generate meaningful revenue or cost synergies. A reported sale of 57,272 Visa shares by an insider may also weigh modestly on sentiment. Tullier Kelly Mahon Sells 57,272 Shares of Visa Stock

Insiders Place Their Bets

In other Visa news, CFO Chris Suh sold 10,639 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the transaction, the chief financial officer directly owned 9,872 shares in the company, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tullier Kelly Mahon sold 57,272 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the transaction, the insider directly owned 49,662 shares in the company, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,398 shares of company stock worth $35,831,433 in the last quarter. 0.12% of the stock is currently owned by company insiders.

Visa Company 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.