Mutual of America Capital Management LLC Trims Holdings in Visa Inc. $V

Key Points

• Mutual of America Capital Management trimmed its Visa stake by 1.6% in the fourth quarter, selling 3,183 shares and leaving it with 195,027 shares worth about $68.4 million.
• Insider selling was notable, with CEO Ryan McInerney selling 31,455 shares and director Lloyd Carney also reducing his position; insiders sold 42,744 shares total in the last quarter.
• Visa beat quarterly expectations with $3.31 EPS on $11.23 billion in revenue, and the company also authorized a $20 billion share repurchase program while analysts maintain a consensus Buy rating and a $386.70 target price.

Mutual of America Capital Management LLC cut its holdings in Visa Inc. (NYSE:V - Free Report) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,027 shares of the credit-card processor's stock after selling 3,183 shares during the quarter. Visa makes up about 0.7% of Mutual of America Capital Management LLC's holdings, making the stock its 14th biggest holding. Mutual of America Capital Management LLC's holdings in Visa were worth $68,398,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Beacon Capital Management LLC grew its position in shares of Visa by 2.0% in the 3rd quarter. Beacon Capital Management LLC now owns 1,541 shares of the credit-card processor's stock worth $526,000 after buying an additional 30 shares during the period. Chapman Financial Group LLC grew its position in shares of Visa by 0.9% in the 3rd quarter. Chapman Financial Group LLC now owns 3,211 shares of the credit-card processor's stock worth $1,096,000 after buying an additional 30 shares during the period. Ransom Advisory Ltd grew its position in shares of Visa by 0.3% in the 4th quarter. Ransom Advisory Ltd now owns 9,447 shares of the credit-card processor's stock worth $3,313,000 after buying an additional 30 shares during the period. TSA Wealth Managment LLC grew its position in shares of Visa by 4.9% in the 3rd quarter. TSA Wealth Managment LLC now owns 659 shares of the credit-card processor's stock worth $225,000 after buying an additional 31 shares during the period. Finally, Bank OZK grew its position in shares of Visa by 3.7% in the 3rd quarter. Bank OZK now owns 858 shares of the credit-card processor's stock worth $293,000 after buying an additional 31 shares during the period. 82.15% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Visa

In other news, CEO Ryan Mcinerney sold 31,455 shares of the 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 transaction, the chief executive officer owned 15,174 shares in the company, valued at $5,161,284.36. This represents a 67.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lloyd Carney sold 650 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the transaction, the director owned 2,679 shares in the company, valued at $829,471.98. This trade represents a 19.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,744 shares of company stock worth $14,356,010 in the last quarter. Company insiders own 0.12% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on V shares. Loop Capital started coverage on shares of Visa in a research report on Tuesday, March 31st. They issued a "buy" rating and a $387.00 target price on the stock. Truist Financial set a $371.00 target price on shares of Visa and gave the stock a "buy" rating in a research report on Tuesday, May 12th. Bank of America initiated coverage on shares of Visa in a research report on Thursday, March 5th. They issued a "buy" rating and a $410.00 target price on the stock. Daiwa Securities Group upgraded shares of Visa from a "neutral" rating to an "outperform" rating and set a $370.00 price target on the stock in a research note on Monday, February 2nd. Finally, Evercore set a $350.00 price target on shares of Visa in a research note on Wednesday, April 29th. Six research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Visa presently has an average rating of "Buy" and a consensus target price of $386.70.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa’s long-term business model remains strong because it earns a fee on a huge share of global digital transactions, making it a durable “buy and hold forever” candidate for investors focused on secular growth. American Express vs. Visa: 2 Different Ways to Bet on Premium Consumer Spending
• Positive Sentiment: Market commentators say Visa now screens attractively after a year of weaker performance, suggesting the selloff may have reset the valuation on this high-quality payments franchise. Visa at $326, Mastercard at $493: Buy, Sell or Hold?
• Positive Sentiment: Visa’s recent investment in Replit and its work on AI-driven commerce could help position the company for future payment flows beyond traditional card swipes and tap-to-pay transactions. Visa’s Replit Investment Links AI Agents To Future Commerce Growth
• Neutral Sentiment: Several analyst-focused articles and comparisons with Mastercard and American Express are keeping Visa in the spotlight, but they mainly reinforce the debate over whether the stock is a buy, hold, or relative value play rather than pointing to a clear catalyst.
• Negative Sentiment: Investors remain concerned that stablecoin adoption and interchange-related legal pressure could threaten Visa’s long-term economics, contributing to the stock’s recent underperformance versus the broader market. Visa at $326, Mastercard at $493: Buy, Sell or Hold?
• Negative Sentiment: One recent market view argues Visa may trail the equity market going forward, reflecting skepticism that the stock will quickly regain leadership after its recent slump. Visa: Why Trailing The Equity Market Seems The Most Likely Scenario Ahead

Visa Price Performance

Shares of NYSE:V opened at $322.57 on Tuesday. The firm's 50 day moving average price is $315.33 and its 200-day moving average price is $324.87. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $375.51. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $578.62 billion, a PE ratio of 28.10, a price-to-earnings-growth ratio of 1.74 and a beta of 0.78.

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

Visa announced that its board has approved a share repurchase program on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

Visa Announces Dividend

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

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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