12,424 Shares in Visa Inc. (NYSE:V) Acquired by Graham Capital Management L.P.

Graham Capital Management L.P. purchased a new stake in Visa Inc. (NYSE:V - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 12,424 shares of the credit-card processor's stock, valued at approximately $3,926,000.

Other institutional investors have also recently bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in Visa during the 4th quarter valued at about $26,000. Bradley & Co. Private Wealth Management LLC purchased a new position in Visa during the fourth quarter valued at approximately $27,000. POM Investment Strategies LLC increased its stake in Visa by 48.5% in the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock valued at $31,000 after buying an additional 32 shares during the period. Compass Planning Associates Inc purchased a new stake in Visa in the 4th quarter worth approximately $32,000. Finally, NewSquare Capital LLC acquired a new stake in shares of Visa during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 82.15% of the company's stock.

Insider Transactions at Visa

In other Visa news, insider Paul D. Fabara sold 39,350 shares of the company's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $327.20, for a total value of $12,875,320.00. Following the sale, the insider now directly owns 26,413 shares in the company, valued at $8,642,333.60. This represents a 59.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,575 shares of Visa stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $345.58, for a total value of $889,868.50. Following the transaction, the general counsel now directly owns 11,925 shares of the company's stock, valued at approximately $4,121,041.50. The trade was a 17.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 121,948 shares of company stock valued at $41,548,282. Company insiders own 0.13% of the company's stock.

Visa Stock Up 0.5 %

V stock opened at $352.95 on Friday. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $366.54. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.45. The company has a market cap of $655.70 billion, a PE ratio of 35.58, a price-to-earnings-growth ratio of 2.33 and a beta of 0.96. The business's 50-day simple moving average is $336.98 and its 200 day simple moving average is $327.02.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The credit-card processor reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.08. The company had revenue of $9.59 billion for the quarter, compared to analyst estimates of $9.57 billion. Visa had a return on equity of 54.79% and a net margin of 54.27%. Visa's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.51 EPS. On average, research analysts anticipate that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Tuesday, May 13th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend is Tuesday, May 13th. Visa's dividend payout ratio is 23.72%.

Wall Street Analyst Weigh In

V has been the subject of several recent research reports. UBS Group cut their price objective on Visa from $400.00 to $395.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Keefe, Bruyette & Woods reiterated a "hold" rating on shares of Visa in a report on Thursday, February 13th. Evercore ISI assumed coverage on Visa in a report on Wednesday, April 9th. They issued an "in-line" rating and a $330.00 price objective on the stock. Seaport Res Ptn upgraded shares of Visa from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 14th. Finally, Raymond James restated an "outperform" rating and set a $393.00 price target (up previously from $374.00) on shares of Visa in a research note on Friday, January 31st. Seven investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Visa presently has an average rating of "Moderate Buy" and an average target price of $362.38.

Visa Company Profile

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.

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