Helium Advisors LLC Invests $2.66 Million in Visa Inc. (NYSE:V)

Helium Advisors LLC bought a new stake in Visa Inc. (NYSE:V - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 8,402 shares of the credit-card processor's stock, valued at approximately $2,655,000. Visa comprises about 2.1% of Helium Advisors LLC's investment portfolio, making the stock its 9th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in Visa in the fourth quarter worth about $27,000. POM Investment Strategies LLC lifted its stake in shares of Visa by 48.5% during the fourth quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock worth $31,000 after buying an additional 32 shares during the period. Compass Planning Associates Inc purchased a new stake in shares of Visa during the fourth quarter valued at $32,000. FPC Investment Advisory Inc. increased its position in shares of Visa by 377.3% in the 4th quarter. FPC Investment Advisory Inc. now owns 105 shares of the credit-card processor's stock valued at $36,000 after acquiring an additional 83 shares during the period. Finally, NewSquare Capital LLC acquired a new position in shares of Visa in the 4th quarter valued at $35,000. 82.15% of the stock is currently owned by institutional investors.

Visa Trading Down 0.1%

Shares of Visa stock opened at $357.90 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.45. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $369.15. The firm has a market capitalization of $660.38 billion, a PE ratio of 36.08, a P/E/G ratio of 2.33 and a beta of 0.96. The firm's 50-day moving average price is $341.07 and its 200 day moving average price is $331.33.

Visa (NYSE:V - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit-card processor reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.08. Visa had a return on equity of 54.79% and a net margin of 54.27%. The business had revenue of $9.59 billion for the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter last year, the business posted $2.51 earnings per share. The business's quarterly revenue was up 9.3% compared to the same quarter last year. On average, sell-side analysts predict that Visa Inc. will post 11.3 EPS for the current fiscal year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Tuesday, May 13th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $2.36 annualized dividend and a yield of 0.66%. Visa's dividend payout ratio (DPR) is presently 23.72%.

Insider Transactions at Visa

In related news, insider Paul D. Fabara sold 14,813 shares of Visa stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $355.04, for a total transaction of $5,259,207.52. Following the transaction, the insider now owns 26,413 shares in the company, valued at approximately $9,377,671.52. This trade represents a 35.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ryan Mcinerney sold 8,620 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $350.44, for a total value of $3,020,792.80. Following the completion of the sale, the chief executive officer now owns 537 shares of the company's stock, valued at approximately $188,186.28. The trade was a 94.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 121,948 shares of company stock valued at $41,548,282 over the last 90 days. 0.13% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have weighed in on V shares. William Blair reiterated an "outperform" rating on shares of Visa in a research note on Wednesday, April 30th. Oppenheimer reiterated an "outperform" rating on shares of Visa in a research report on Thursday, February 13th. Barclays raised their price target on shares of Visa from $361.00 to $396.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Macquarie dropped their price objective on shares of Visa from $400.00 to $380.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, Evercore ISI assumed coverage on shares of Visa in a report on Wednesday, April 9th. They set an "in-line" rating and a $330.00 target price for the company. Six investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $362.38.

About Visa

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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