Visa Inc. $V Holdings Lessened by Hyperion Asset Management Ltd

Key Points

• Hyperion Asset Management reduced its Visa stake by 9% in the third quarter, selling 23,160 shares and retaining 234,149 shares valued at approximately $84.1 million. Institutional investors collectively own 82.15% of Visa.
• Visa reported quarterly EPS of $3.32 and revenue of $11.63 billion, beating analyst estimates, while revenue increased 14.4% year over year. The company also pays a quarterly dividend of $0.67 per share, yielding about 0.7%.
• Analysts remain broadly bullish, with Visa receiving a consensus “Buy” rating and an average price target of $426.12. However, the stock’s premium valuation, regulatory risks and execution challenges in AI, crypto and payment expansion could limit upside.

Hyperion Asset Management Ltd trimmed its holdings in shares of Visa Inc. (NYSE:V - Free Report) by 9.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 234,149 shares of the credit-card processor's stock after selling 23,160 shares during the quarter. Visa accounts for approximately 2.3% of Hyperion Asset Management Ltd's holdings, making the stock its 14th biggest holding. Hyperion Asset Management Ltd's holdings in Visa were worth $84,137,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in V. Prentice Wealth Management LLC increased its position in Visa by 5.5% during the third quarter. Prentice Wealth Management LLC now owns 5,159 shares of the credit-card processor's stock valued at $1,854,000 after acquiring an additional 269 shares during the last quarter. Climber Capital SA raised its stake in shares of Visa by 254.6% in the third quarter. Climber Capital SA now owns 2,447 shares of the credit-card processor's stock valued at $834,000 after acquiring an additional 1,757 shares during the period. Norway Savings Bank raised its stake in shares of Visa by 6.5% in the third quarter. Norway Savings Bank now owns 3,905 shares of the credit-card processor's stock valued at $1,403,000 after acquiring an additional 239 shares during the period. Islay Capital Management LLC lifted its holdings in shares of Visa by 11.4% in the 3rd quarter. Islay Capital Management LLC now owns 5,294 shares of the credit-card processor's stock worth $1,902,000 after acquiring an additional 542 shares during the last quarter. Finally, Flagship Capital Management Inc. lifted its holdings in shares of Visa by 0.5% in the 3rd quarter. Flagship Capital Management Inc. now owns 22,312 shares of the credit-card processor's stock worth $8,017,000 after acquiring an additional 110 shares during the last quarter. Institutional investors own 82.15% of the company's stock.

Visa Trading Up 0.9%

V stock opened at $406.57 on Wednesday. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $408.59. The firm's 50-day moving average is $374.46 and its 200 day moving average is $348.09. The company has a market capitalization of $725.50 billion, a PE ratio of 34.57, a P/E/G ratio of 1.89 and a beta of 0.77. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion during the quarter, compared to analysts' expectations of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The firm's quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.98 EPS. On average, research analysts anticipate that Visa Inc. will post 13.22 EPS for the current year.

Visa Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa's dividend payout ratio (DPR) is 22.79%.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: AI-driven business payments: Visa, BILL and Billtrust launched a live pilot allowing trusted AI agents to complete approved invoice payments between buyers and suppliers. The initiative could help Visa capture a larger share of business-to-business payments and replace manual processes, checks and legacy payment methods. Visa, BILL and Billtrust Launch First Live Pilot
• Positive Sentiment: Crypto and stablecoin expansion: Visa partnered with Mesh to enable users of participating wallets to spend crypto and stablecoin balances at more than 175 million Visa-accepting merchant locations, without a separate crypto card or manual cash-out. The arrangement could generate additional payment volume while allowing merchants to use existing Visa infrastructure. How Is Visa Turning Crypto And AI Payments Into Real World Use?
• Positive Sentiment: Broader commercial and international reach: Visa expanded its U.K. online merchant presence through Barclaycard’s Unified Checkout and enabled eligible fintechs to offer Visa corporate cards in more than 40 countries. These partnerships support digital-wallet adoption and cross-border payment growth. Visa Expands U.K. Merchant Reach
• Neutral Sentiment: Upcoming earnings catalyst: Wall Street expects Visa to report earnings growth in its upcoming quarterly release, with investors also watching for guidance and a potential annual dividend increase. The company’s prior quarter delivered revenue and earnings above consensus estimates. Visa Reports Next Week
• Negative Sentiment: Valuation and execution risks: Visa trades at a premium earnings multiple near all-time highs, leaving less room for an earnings or guidance disappointment. The Mesh rollout has not yet disclosed all participating wallets or launch timing, while regulatory scrutiny, merchant resistance to interchange changes and potential U.S. credit-card legislation could pressure future growth.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on V shares. Raymond James Financial reaffirmed an "outperform" rating and set a $406.00 price target (up from $389.00) on shares of Visa in a research note on Wednesday, July 29th. Wells Fargo & Company reissued an "overweight" rating and issued a $432.00 price objective (up from $412.00) on shares of Visa in a research report on Thursday, July 30th. Loop Capital increased their price objective on shares of Visa from $387.00 to $404.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Citigroup reissued a "buy" rating and issued a $440.00 price objective (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $425.00 price objective on shares of Visa in a research note on Thursday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating and thirty-four have assigned a Buy rating to the stock. According to data from MarketBeat.com, Visa has an average rating of "Buy" and a consensus price target of $426.12.

Insider Transactions at Visa

In other news, General Counsel Julie Rottenberg sold 2,028 shares of Visa stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the completion of the sale, the general counsel owned 18,404 shares of the company's stock, valued at approximately $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of Visa stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the sale, the insider directly owned 49,662 shares of the company's stock, valued at $18,125,140.14. This represents a 53.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 78,792 shares of company stock valued at $28,863,319. 0.12% of the stock is currently owned by company insiders.

About Visa

Visa Inc NYSE: V is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.

Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.