Anchor Capital Advisors LLC Purchases 3,517 Shares of Visa Inc. $V

Key Points

• Anchor Capital Advisors increased its Visa stake by 9.2% in the fourth quarter, buying 3,517 additional shares and bringing its total holdings to 41,727 shares worth about $14.6 million.
• Visa reported strong quarterly results, posting $3.31 EPS versus the $3.10 estimate and revenue of $11.23 billion, while revenue rose 17.1% year over year.
• The company’s board authorized a $20 billion share buyback and Visa also paid a quarterly dividend of $0.67 per share, reflecting continued capital returns to shareholders.

Anchor Capital Advisors LLC increased its holdings in shares of Visa Inc. (NYSE:V - Free Report) by 9.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,727 shares of the credit-card processor's stock after buying an additional 3,517 shares during the quarter. Anchor Capital Advisors LLC's holdings in Visa were worth $14,634,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Norges Bank acquired a new stake in Visa in the 4th quarter valued at approximately $5,877,738,000. Corient Private Wealth LLC boosted its holdings in Visa by 110.4% in the 2nd quarter. Corient Private Wealth LLC now owns 3,954,937 shares of the credit-card processor's stock valued at $1,396,930,000 after purchasing an additional 2,075,289 shares during the period. Holocene Advisors LP grew its position in Visa by 286.4% during the third quarter. Holocene Advisors LP now owns 2,526,026 shares of the credit-card processor's stock worth $862,335,000 after buying an additional 1,872,362 shares in the last quarter. SG Americas Securities LLC raised its stake in Visa by 121.7% in the fourth quarter. SG Americas Securities LLC now owns 3,022,411 shares of the credit-card processor's stock valued at $1,059,990,000 after purchasing an additional 1,658,954 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in Visa during the third quarter worth about $565,684,000. 82.15% of the stock is owned by institutional investors.

Insider Transactions at Visa

In other news, Director Lloyd Carney sold 650 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total value of $201,253.00. Following the completion of the transaction, the director directly owned 2,679 shares of the company's stock, valued at $829,471.98. This represents a 19.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Chris Suh sold 10,639 shares of Visa 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 sale, 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,744 shares of company stock valued at $14,356,010 over the last ninety days. 0.12% of the stock is currently owned by insiders.

Visa Trading Down 1.7%

Shares of V stock opened at $317.36 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $375.51. The stock has a 50-day moving average of $315.33 and a 200-day moving average of $324.87. The stock has a market cap of $569.27 billion, a price-to-earnings ratio of 27.64, a PEG ratio of 1.72 and a beta of 0.77.

Visa (NYSE:V - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, beating analysts' consensus estimates of $3.10 by $0.21. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.75 billion. During the same period in the prior year, the firm posted $2.76 EPS. The company's quarterly revenue was up 17.1% on a year-over-year basis. On average, equities research analysts forecast that Visa Inc. will post 13.09 earnings per share for the current year.

Visa announced that its Board of Directors has initiated a stock buyback plan on Tuesday, April 28th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the credit-card processor to purchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Visa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa's dividend payout ratio (DPR) is 23.34%.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expanded its Commercial Solutions Hub by adding Visa Accounts Receivable Manager, a move that could boost adoption of virtual cards, speed up B2B payment cycles, and improve reconciliation for issuers and suppliers across 69 geographies at no added cost. Visa’s Expanded AI-Powered Receivables Hub Might Change The Case For Investing In Visa (V)
• Positive Sentiment: Another report on the same expansion framed it as a broader B2B automation push, suggesting Visa is removing frictions in commercial payments and reinforcing its long-term value proposition. Visa (V) Announces Expansion of the Visa Commercial Solutions Hub
• Positive Sentiment: Commentary from investors and market outlets continued to argue that Visa looks attractive after a year of underperformance, with some noting the company’s durable fee model and lower valuation as reasons to buy or hold. Visa at $326, Mastercard at $493: Buy, Sell or Hold?
• Neutral Sentiment: Industry coverage on payment sovereignty, cross-border payment efficiency, and digital payment ecosystem trends kept Visa in the spotlight, but these pieces were mostly sector-level commentary rather than direct company-specific catalysts. Payment sovereignty and the relationship with cash
• Neutral Sentiment: Other mentions, including Visa’s association with crypto and payments infrastructure discussions and Nubank hiring a former Visa executive as CFO, were more indirect and did not signal an immediate operational change for Visa itself. Western Union, Visa, PayPal, Meta: why major payments giants are racing to Solana

Analysts Set New Price Targets

V has been the subject of several analyst reports. Weiss Ratings cut shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. BMO Capital Markets assumed coverage on Visa in a research report on Tuesday, April 21st. They set an "outperform" rating and a $365.00 price objective for the company. Oppenheimer reaffirmed an "outperform" rating and issued a $403.00 price objective (up from $391.00) on shares of Visa in a research note on Wednesday, April 29th. UBS Group boosted their target price on Visa from $390.00 to $410.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $389.00 target price on shares of Visa in a report on Wednesday, April 29th. Six research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $389.33.

Visa 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.

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