Arbejdsmarkedets Tillaegspension Purchases Shares of 71,237 Visa Inc. $V

Key Points

• Arbejdsmarkedets Tillaegspension bought 71,237 Visa shares in the fourth quarter, a stake worth about $24.98 million, making Visa its 8th-largest holding.
• Visa reported strong quarterly results, with earnings of $3.31 per share and revenue of $11.23 billion, both ahead of analyst expectations. Revenue rose 17.1% year over year.
• The company’s board approved a $20 billion share buyback and Visa also declared a quarterly dividend of $0.67 per share, signaling continued capital returns to shareholders.

Arbejdsmarkedets Tillaegspension purchased a new stake in Visa Inc. (NYSE:V - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 71,237 shares of the credit-card processor's stock, valued at approximately $24,984,000. Visa makes up 0.6% of Arbejdsmarkedets Tillaegspension's holdings, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Visa by 50.1% during the fourth quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor's stock worth $6,522,000 after purchasing an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Visa by 68.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor's stock worth $3,733,000 after purchasing an additional 4,817 shares in the last quarter. Nicholas Hoffman & Company LLC. lifted its position in shares of Visa by 4.6% during the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor's stock worth $3,834,000 after purchasing an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its position in shares of Visa by 16.9% during the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor's stock worth $402,000 after purchasing an additional 164 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in shares of Visa by 13.8% during the second quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor's stock worth $6,521,000 after purchasing an additional 2,230 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Visa

In other Visa news, CEO Ryan Mcinerney sold 31,455 shares of the company's stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the completion of the sale, the chief executive officer owned 15,174 shares of the company's stock, valued at approximately $5,161,284.36. This represents a 67.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the company's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the sale, the chief financial officer directly owned 9,872 shares of the company's stock, valued at $3,206,524.32. The trade was a 51.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 42,744 shares of company stock valued at $14,356,010. Corporate insiders own 0.12% of the company's stock.

Visa Trading Up 0.6%

V opened at $322.11 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $577.80 billion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 1.71 and a beta of 0.78. The firm has a 50 day simple moving average of $311.10 and a 200 day simple moving average of $325.89. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $375.51.

Visa (NYSE:V - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.21. The business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. Visa's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.76 earnings per share. On average, sell-side analysts anticipate that Visa Inc. will post 13.09 earnings per share for the current year.

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

Visa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, May 12th. Visa's dividend payout ratio is presently 23.34%.

Analyst Ratings Changes

V has been the topic of a number of research reports. Citigroup reduced their target price on shares of Visa from $450.00 to $400.00 and set a "buy" rating on the stock in a research report on Tuesday, April 14th. Weiss Ratings lowered shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. Loop Capital initiated coverage on shares of Visa in a research report on Tuesday, March 31st. They set a "buy" rating and a $387.00 target price on the stock. Cantor Fitzgerald reiterated an "overweight" rating and set a $400.00 target price on shares of Visa in a research report on Wednesday, April 29th. Finally, Freedom Capital raised shares of Visa from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 16th. Six equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, Visa presently has a consensus rating of "Buy" and a consensus price target of $387.67.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expanded its Flexible Credential offering in the U.K. with Zilch and Thredd, letting consumers choose among multiple payment options through one card. That supports Visa’s push into more flexible, digital-first payment experiences and could increase network usage. Visa Flexible Credential Brings More Flexible Ways to Pay to Zilch Cardholders in the UK
• Positive Sentiment: Recent commentary highlighted contactless payments, BNPL adoption, and cross-border growth as favorable long-term trends for payment processors like Visa, reinforcing the bullish industry backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Positive Sentiment: Another report pointed to record U.S. consumer spending as a supportive backdrop for fintech and card networks, which can lift Visa’s transaction volumes and fee revenue. U.S. Consumer Spending Tops $21.86T: 5 Fintech Stocks Under $75
• Positive Sentiment: Visa also teamed with FPT AI Factory and InFlow on an agent-native commerce platform, expanding its role in AI-driven commerce and autonomous payments. FPT AI Factory Partners with InFlow and Visa Intelligent Commerce to Launch an Agent-Native Commerce Platform
• Neutral Sentiment: Visa received additional attention for launching tap-based identity verification with Fidelity Bank Bahamas, a product innovation that supports its payments ecosystem but is not likely to move earnings immediately. Visa launches tap-based identity verification with Fidelity Bank Bahamas
• Negative Sentiment: Visa CFO Chris Suh sold 10,639 shares, cutting his direct stake by more than half. Insider selling can weigh on sentiment even if it does not change the company’s fundamentals. SEC Form 4 filing

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.

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