Greenleaf Trust Purchases 4,954 Shares of Visa Inc. $V

Key Points

• Greenleaf Trust increased its Visa position by 2.1% in the second quarter, purchasing 4,954 shares and bringing its holdings to 239,919 shares valued at approximately $82.3 million. Institutional investors collectively own 82.15% of Visa’s stock.
• Visa reported quarterly earnings of $3.32 per share, exceeding estimates, while revenue rose 14.4% year over year to $11.63 billion. The company also declared a quarterly dividend of $0.67 per share, equivalent to a 0.7% yield.
• Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and an average price target of $414.54. However, Visa shares trade at a relatively high valuation of about 32 times earnings, and insiders have sold roughly 96,634 shares over the past three months.

Greenleaf Trust grew its position in Visa Inc. (NYSE:V - Free Report) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 239,919 shares of the credit-card processor's stock after buying an additional 4,954 shares during the quarter. Visa accounts for 0.8% of Greenleaf Trust's holdings, making the stock its 15th largest holding. Greenleaf Trust's holdings in Visa were worth $82,314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 valued at $5,393,398,000 after buying an additional 1,808,496 shares during the period. Royal London Asset Management Ltd. lifted its stake in Visa by 13.9% in the second quarter. Royal London Asset Management Ltd. now owns 2,550,065 shares of the credit-card processor's stock worth $874,902,000 after acquiring an additional 310,906 shares during the period. Toth Financial Advisory Corp lifted its stake in Visa by 2.7% in the second quarter. Toth Financial Advisory Corp now owns 51,196 shares of the credit-card processor's stock worth $17,565,000 after acquiring an additional 1,349 shares during the period. Mufg Securities Americas Inc. grew its holdings in Visa by 7.5% during the 2nd quarter. Mufg Securities Americas Inc. now owns 49,988 shares of the credit-card processor's stock worth $17,150,000 after acquiring an additional 3,481 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. grew its holdings in Visa by 1.2% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 360,504 shares of the credit-card processor's stock worth $123,685,000 after acquiring an additional 4,249 shares in the last quarter. Institutional investors own 82.15% of the company's stock.

Visa Price Performance

V opened at $381.66 on Friday. The business's 50-day moving average is $359.07 and its two-hundred day moving average is $331.43. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $385.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market capitalization of $681.05 billion, a PE ratio of 32.45, a price-to-earnings-growth ratio of 2.04 and a beta of 0.74.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating the consensus estimate of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion during the quarter, compared to analyst estimates 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. Research analysts anticipate that Visa Inc. will post 13.16 earnings per share for the current fiscal year.

Visa Dividend Announcement

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 paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa's dividend payout ratio (DPR) is 22.79%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Susquehanna restated a "positive" rating and issued a $427.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $432.00 price target (up from $412.00) on shares of Visa in a research report on Thursday, July 30th. Truist Financial set a $406.00 price objective on shares of Visa and gave the company a "buy" rating in a research note on Wednesday, August 5th. Robert W. Baird lifted their price objective on shares of Visa from $412.00 to $420.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $416.00 price objective on shares of Visa in a research note on Wednesday, July 29th. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $414.54.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin and AI-payment partnership: Visa is working with Dunamu, the operator of South Korean cryptocurrency exchange Upbit, to develop stablecoin payments, cross-border remittances, settlement services and AI-powered commerce. The agreement could help Visa build institutional-grade digital-asset payment infrastructure across Asia while connecting cryptocurrency technology with its global network. Upbit operator Dunamu teams up with Visa on stablecoin and AI payments
• Positive Sentiment: Expanded cybersecurity product: Visa upgraded its AI-powered Vulnerability Agentic Harness to identify, remediate and validate cyber vulnerabilities for clients. The broader toolset may strengthen Visa’s value proposition to merchants and financial institutions and support growth in security-related services. Visa Rolls Out AI-Powered Cyber Vulnerability Patching for Clients
• Positive Sentiment: Merchant acceptance expansion: Visa’s partnership with Bluefin combines payment security, transaction routing and device management in a unified card-present platform. The offering could simplify deployment for large merchants, deepen customer relationships and expand Visa’s acceptance solutions. Visa Launches Unified Card Present Payment Platform for Global Merchants
• Positive Sentiment: Institutional endorsement: Bill Ackman’s Pershing Square added Visa and Mastercard during a major portfolio overhaul, providing a favorable signal from a prominent long-term investor. Bill Ackman Just Made His Biggest Portfolio Overhaul in Years
• Neutral Sentiment: Visa restored payment-network access in Syria through a live transaction, but Mastercard reportedly reached the market at nearly the same time, limiting any first-mover advantage. Visa Reopens Syria With One Payment and No Monopoly
• Negative Sentiment: Valuation risk: Visa recently reached a record high before giving up the breakout. With shares trading at roughly 32 times earnings, investors may demand continued strong growth, making the stock vulnerable to profit-taking or disappointing execution. Visa Hits Record, Then Surrenders the Breakout

Insiders Place Their Bets

In other news, CEO Ryan Mcinerney sold 20,970 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,162,953.50. This represents a 58.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the firm's stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total value of $729,720.00. Following the completion of the sale, the general counsel directly owned 18,404 shares of the company's stock, valued at $6,625,440. The trade was a 9.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 96,634 shares of company stock valued at $34,537,016. 0.12% of the stock is currently owned by insiders.

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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