Visa Inc. $V Stock: Kestra Advisory Services LLC Grows Holdings

Kestra Advisory Services LLC increased its holdings in shares of Visa Inc. (NYSE:V) by 8.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 327,905 shares of the credit-card processor’s stock after acquiring an additional 26,707 shares during the quarter. Kestra Advisory Services LLC’s holdings in Visa were worth $117,826,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of V. XXEC Inc. boosted its holdings in Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock valued at $63,904,097,000 after purchasing an additional 186,138,883 shares during the period. Jupiter Topco LLC bought a new position in shares of Visa during the second quarter worth approximately $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Visa by 13.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor’s stock worth $5,393,398,000 after purchasing an additional 1,808,496 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Visa by 33.1% during the first quarter. Janus Henderson Group PLC now owns 4,486,927 shares of the credit-card processor’s stock worth $1,356,090,000 after purchasing an additional 1,116,498 shares during the period. Finally, Amundi raised its position in shares of Visa by 16.5% in the second quarter. Amundi now owns 7,714,919 shares of the credit-card processor’s stock valued at $2,646,911,000 after buying an additional 1,092,315 shares in the last quarter. 82.15% of the stock is owned by institutional investors.

Visa Price Performance

V stock opened at $422.35 on Friday. The company’s 50-day moving average price is $384.99 and its two-hundred day moving average price is $344.21. The firm has a market cap of $753.65 billion, a P/E ratio of 34.25, a P/E/G ratio of 1.86 and a beta of 0.80. The company has a quick ratio of 0.99, a current ratio of 0.97 and a debt-to-equity ratio of 0.54. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $442.23.

Visa (NYSE:V) last issued its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. Visa had a net margin of 51.20% and a return on equity of 70.50%. The company had revenue of $12.14 billion during the quarter, compared to the consensus estimate of $12.09 billion. During the same quarter in the prior year, the firm posted $2.98 EPS. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. On average, analysts anticipate that Visa Inc. will post 15.02 earnings per share for the current fiscal year.

Visa Increases Dividend

The company also recently disclosed 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 represents a $3.12 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Visa’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, November 10th. Visa’s payout ratio is 21.74%.

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 Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at $5,582,059.38. The trade was a 27.91% decrease in their ownership of the stock. The sale 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 2,028 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel owned 18,404 shares of the company’s stock, valued at $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 27,395 shares of company stock valued at $10,406,050. Company insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on V shares. Wells Fargo & Company boosted their price target on Visa from $432.00 to $463.00 and gave the company an “overweight” rating in a research note on Thursday, October 29th. KeyCorp raised their price objective on Visa from $415.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. UBS Group reaffirmed a “buy” rating and issued a $420.00 price objective (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Cantor Fitzgerald reiterated an “overweight” rating and set a $500.00 target price (up from $445.00) on shares of Visa in a research report on Wednesday, October 28th. Finally, Loop Capital upped their target price on Visa from $387.00 to $404.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $440.82.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its quarterly dividend by more than 16% to $0.78. The results and higher payout signal continued business growth and management confidence. Article: Visa Reports Record Earnings and Dividend Hike
• Positive Sentiment: Truist raised its price target to $470 and maintained a Buy rating, adding to positive analyst sentiment. Article: Truist Raises Visa Price Target
• Positive Sentiment: Visa announced six technology hubs in Singapore focused on areas including AI, cybersecurity and next-generation payments, and its Featurespace fraud tools were adopted across Verifone gateways. These initiatives could strengthen Visa’s technology offering and create growth opportunities. Article: Visa Establishes Global Capability Hubs in Singapore Article: Verifone Adds Visa-Powered Fraud Screening
• Neutral Sentiment: Visa launched a benchmark for AI shopping tools; nearly half of test runs failed. The project positions Visa in emerging commerce technology, though the results also highlight that AI shopping remains challenging. Article: Visa Releases AI Shopping Benchmark
• Negative Sentiment: U.S. stocks fell sharply in a broad market downturn, likely adding pressure to Visa shares. Separately, commentary flagged rising client incentives and a premium valuation as risks after the stock’s recent run-up. Article: Hard Day on Wall Street Article: Visa’s Solid Q4 Masks Rising Incentives
• Negative Sentiment: Visa’s CEO sold shares under a pre-arranged trading plan. The planned nature of the sale makes it a less definitive signal, but insider selling may add to near-term investor caution. Article: Visa Insider Trades

Visa Profile

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.