North Dallas Bank & Trust Co. Makes New $2.63 Million Investment in Visa Inc. $V

Key Points

• North Dallas Bank & Trust bought a new Visa position in the fourth quarter, acquiring 7,484 shares worth about $2.63 million. Visa now makes up roughly 1.7% of the bank’s portfolio.
• Visa continues to attract major institutional interest, with firms like Vanguard, Geode Capital, and others adding to positions; institutions now own 82.15% of the company.
• The company reported strong recent results, beating earnings and revenue estimates, and also announced a $20 billion share repurchase program along with its regular quarterly dividend.

North Dallas Bank & Trust Co. acquired a new position in Visa Inc. (NYSE:V - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,484 shares of the credit-card processor's stock, valued at approximately $2,625,000. Visa comprises about 1.7% of North Dallas Bank & Trust Co.'s investment portfolio, making the stock its 16th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its position in Visa by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor's stock worth $56,455,834,000 after purchasing an additional 1,054,343 shares during the last quarter. Geode Capital Management LLC boosted its position in Visa by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 44,042,586 shares of the credit-card processor's stock worth $15,411,395,000 after purchasing an additional 388,996 shares during the last quarter. Capital World Investors boosted its position in Visa by 0.8% in the third quarter. Capital World Investors now owns 24,792,246 shares of the credit-card processor's stock worth $8,463,484,000 after purchasing an additional 193,288 shares during the last quarter. Capital International Investors boosted its position in Visa by 1.1% in the fourth quarter. Capital International Investors now owns 21,516,371 shares of the credit-card processor's stock worth $7,547,169,000 after purchasing an additional 244,085 shares during the last quarter. Finally, Norges Bank purchased a new position in Visa in the fourth quarter worth $5,877,738,000. Hedge funds and other institutional investors own 82.15% of the company's stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: A U.S. judge gave preliminary approval to Visa’s revised $38 billion swipe-fee settlement, removing some legal overhang and suggesting the long-running merchant dispute may be moving toward resolution. US judge OKs Visa, Mastercard $38 billion swipe fee settlement
• Positive Sentiment: Visa is expanding beyond traditional card processing, with new efforts in stablecoin settlement, AI-driven payment automation, and broader B2B payment infrastructure, which could support longer-term growth. Visa Tests Stablecoins And AI As It Rebuilds Payment Infrastructure
• Positive Sentiment: Wirex joined Visa’s Agentic Ready program, reinforcing Visa’s push into AI-enabled, agent-initiated payments and expanding its relevance in digital commerce. Wirex Joins Visa Agentic Ready Programme to Enable AI-Driven Payments
• Positive Sentiment: Unusual options activity showed a sharp increase in call buying, signaling rising trader optimism that Visa’s stock could continue to move higher.
• Neutral Sentiment: Analyst and market commentary highlighted Visa as a trending stock and noted its growing network advantages through partnerships like Valor PayTech, but these items were more informational than clearly market-moving. Can Visa Deepen Its Network Advantage Through Valor PayTech? Visa Inc. (V) Is a Trending Stock: Facts to Know Before Betting on It

Wall Street Analyst Weigh In

V has been the topic of several research analyst reports. Loop Capital began coverage on Visa in a research report on Tuesday, March 31st. They issued a "buy" rating and a $387.00 price objective on the stock. Weiss Ratings cut Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. Raymond James Financial reaffirmed an "outperform" rating and set a $389.00 price target on shares of Visa in a research report on Wednesday, April 29th. Citigroup dropped their price target on Visa from $450.00 to $400.00 and set a "buy" rating on the stock in a research report on Tuesday, April 14th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $403.00 price target (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Six analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Visa presently has a consensus rating of "Buy" and an average price target of $387.78.

Visa Stock Up 1.6%

Shares of NYSE V opened at $324.93 on Wednesday. Visa Inc. has a one year low of $293.89 and a one year high of $375.51. 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 business's fifty day moving average price is $317.40 and its 200-day moving average price is $324.48. The stock has a market capitalization of $582.84 billion, a PE ratio of 28.30, a P/E/G ratio of 1.71 and a beta of 0.77.

Visa (NYSE:V - Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $11.23 billion for the quarter, compared to analysts' expectations of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.76 EPS. On average, equities research analysts anticipate that Visa Inc. will post 13.09 EPS for the current year.

Visa Announces Dividend

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

Visa announced that its Board of Directors has initiated a share repurchase program on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to buy up to 3.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Insider Transactions at Visa

In related news, CFO Chris Suh sold 10,639 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the sale, the chief financial officer owned 9,872 shares of the company's stock, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total value of $10,699,103.70. Following the sale, the chief executive officer directly owned 15,174 shares in the company, valued at $5,161,284.36. This trade represents a 67.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.12% of the company's stock.

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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