Rothschild & Co Wealth Management UK Ltd Has $23.72 Million Stake in Visa Inc. $V

Key Points

• Rothschild & Co Wealth Management UK Ltd increased its stake in Visa by 5.7% in Q4 to 67,639 shares worth $23.72 million, making Visa roughly 0.4% of the firm's portfolio and its 16th-largest holding.
• Visa posted Q4 EPS of $3.17 (beating estimates) and revenue of $10.90 billion (+14.6% YoY); the company has a $562.1 billion market cap, a PE of 29.05, and pays a $0.67 quarterly dividend (annualized $2.68, yield ~0.9%).

Rothschild & Co Wealth Management UK Ltd raised its stake in shares of Visa Inc. (NYSE:V - Free Report) by 5.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 67,639 shares of the credit-card processor's stock after purchasing an additional 3,668 shares during the period. Visa makes up approximately 0.4% of Rothschild & Co Wealth Management UK Ltd's portfolio, making the stock its 16th biggest holding. Rothschild & Co Wealth Management UK Ltd's holdings in Visa were worth $23,722,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sonoma Allocations LLC acquired a new position in Visa during the 3rd quarter valued at about $710,000. Invariant Investment Management bought a new position in shares of Visa during the 4th quarter worth approximately $969,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of Visa by 2.6% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 574,043 shares of the credit-card processor's stock worth $198,596,000 after buying an additional 14,581 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Visa by 24.1% during the 3rd quarter. Federated Hermes Inc. now owns 823,262 shares of the credit-card processor's stock worth $281,045,000 after buying an additional 159,906 shares in the last quarter. Finally, Parnassus Investments LLC lifted its position in shares of Visa by 3.0% during the 3rd quarter. Parnassus Investments LLC now owns 274,141 shares of the credit-card processor's stock worth $93,586,000 after buying an additional 8,061 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company's stock.

Visa Trading Up 0.3%

NYSE:V opened at $309.66 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $562.09 billion, a PE ratio of 29.05, a price-to-earnings-growth ratio of 1.77 and a beta of 0.80. The firm's 50 day moving average is $309.88 and its 200 day moving average is $328.16. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $375.51.

Visa (NYSE:V - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The credit-card processor reported $3.17 EPS for the quarter, topping analysts' consensus estimates of $3.14 by $0.03. The company had revenue of $10.90 billion for the quarter, compared to analysts' expectations of $10.69 billion. Visa had a net margin of 50.23% and a return on equity of 61.74%. Visa's revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.75 EPS. Sell-side analysts expect that Visa Inc. will post 12.84 earnings per share for the current year.

Visa Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 10th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, February 10th. Visa's payout ratio is 25.14%.

Wall Street Analyst Weigh In

Several research firms have commented on V. Weiss Ratings cut shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. Truist Financial dropped their target price on shares of Visa from $372.00 to $361.00 and set a "buy" rating on the stock in a research report on Friday. Bank of America began coverage on shares of Visa in a research report on Thursday, March 5th. They set a "buy" rating and a $410.00 target price on the stock. Rothschild & Co Redburn set a $385.00 target price on shares of Visa in a research report on Wednesday, January 28th. Finally, Cantor Fitzgerald raised shares of Visa to a "strong-buy" rating in a research report on Tuesday, January 27th. Seven research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $387.79.

Insider Activity at Visa

In related news, Director Lloyd Carney sold 650 shares of Visa stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total value of $201,253.00. Following the sale, the director owned 2,679 shares of the company's stock, valued at approximately $829,471.98. The trade was a 19.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.12% of the company's stock.

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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