AMS Capital Ltda Has $16.95 Million Stake in Visa Inc. $V

Key Points

• AMS Capital increased its Visa stake by 78.2% in the first quarter to 56,091 shares valued at approximately $16.95 million, making Visa its seventh-largest holding. Institutional investors own 82.15% of Visa’s stock.
• Visa reported better-than-expected fiscal third-quarter results, with EPS of $3.32 and revenue of $11.63 billion, up 14.4% year over year. Analysts remain bullish, with a consensus “Buy” rating and an average price target of $411.77.
• Insiders sold 101,398 shares worth about $35.8 million over the past three months, while Visa authorized a $20 billion share-repurchase program and declared a quarterly dividend of $0.67 per share.

AMS Capital Ltda grew its holdings in shares of Visa Inc. (NYSE:V - Free Report) by 78.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,091 shares of the credit-card processor's stock after buying an additional 24,608 shares during the quarter. Visa accounts for about 6.6% of AMS Capital Ltda's holdings, making the stock its 7th biggest position. AMS Capital Ltda's holdings in Visa were worth $16,953,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clayton Financial Group LLC boosted its position in shares of Visa by 446.2% during the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor's stock valued at $25,000 after acquiring an additional 58 shares during the last quarter. PayPay Securities Corp increased its position in shares of Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor's stock worth $26,000 after purchasing an additional 38 shares during the last quarter. Cresta Advisors Ltd. bought a new position in shares of Visa in the fourth quarter worth approximately $26,000. Parvin Asset Management LLC raised its stake in Visa by 200.0% in the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. Finally, Dorato Capital Management purchased a new stake in Visa in the fourth quarter valued at approximately $30,000. 82.15% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Tullier Kelly Mahon sold 57,272 shares of the company's stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the transaction, the insider directly owned 49,662 shares of the company's stock, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Chris Suh sold 10,639 shares of the business's stock in a transaction on Tuesday, May 12th. The stock was 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 of the company's stock, valued at $3,206,524.32. This represents a 51.87% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 101,398 shares of company stock worth $35,831,433. Corporate insiders own 0.12% of the company's stock.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong earnings continue to support the stock. Visa reported fiscal third-quarter EPS of $3.32, above the $3.23 consensus, while revenue reached $11.63 billion, up 14.4% year over year and ahead of expectations. The results reinforce confidence in payment-volume growth and Visa’s high-margin business model. Visa Trading Up Following Better-Than-Expected Earnings
• Positive Sentiment: Analysts remain constructive. Cantor Fitzgerald reiterated an “Overweight” rating, while BMO Capital Markets, JPMorgan and Robert W. Baird forecast additional price appreciation. One fair-value estimate rose from $398.83 to $411.63, reflecting optimism about payment volumes, value-added services and potential stablecoin-related products. Visa Stock Sees Modest Fair Value Lift
• Positive Sentiment: Restructuring could improve efficiency. Visa plans to eliminate roughly 2,600 jobs, or about 7% of its workforce, as artificial intelligence and other technology reshape operations. Although the cuts may create near-term charges, investors could view lower long-term costs and greater productivity favorably. Visa Layoffs Will Cut 7 Percent of Its Workforce
• Neutral Sentiment: Competitive developments bear watching. X Money launched with a Visa debit card, peer-to-peer transfers and 3% cashback, potentially generating transaction activity for Visa while also intensifying competition in digital payments and consumer wallets. Elon Musk Aims at Venmo With One Bold Perk
• Negative Sentiment: Job cuts may raise execution and sentiment concerns. The scale of the layoffs highlights Visa’s efforts to adapt to AI-driven changes and could unsettle employees or investors if restructuring disrupts growth initiatives. Visa Slashes Thousands of Jobs in Efficiency Push

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Morgan Stanley reissued an "overweight" rating and issued a $416.00 price target on shares of Visa in a research note on Wednesday. Robert W. Baird raised their price objective on shares of Visa from $412.00 to $420.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Oppenheimer reaffirmed an "outperform" rating and set a $403.00 price objective (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $410.00 target price on shares of Visa in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upped their target price on shares of Visa from $400.00 to $450.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $411.77.

Visa Trading Up 0.1%

Shares of V opened at $366.33 on Monday. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $373.97. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The firm's 50-day moving average price is $341.12 and its 200-day moving average price is $325.66. The firm has a market capitalization of $657.11 billion, a price-to-earnings ratio of 31.15, a PEG ratio of 1.98 and a beta of 0.74.

Visa (NYSE:V - Get Free Report) last released its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, topping analysts' consensus estimates of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The firm had revenue of $11.63 billion for the quarter, compared to analysts' expectations of $11.40 billion. During the same period in the prior year, the firm posted $2.98 earnings per share. The company's quarterly revenue was up 14.4% on a year-over-year basis. Sell-side analysts anticipate that Visa Inc. will post 13.12 EPS for the current year.

Visa announced that its board 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 repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

Visa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa's payout ratio is 22.79%.

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.

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