Visa Inc. $V is Cumberland Partners Ltd's 9th Largest Position

Key Points

• Cumberland Partners Ltd increased its Visa stake by 4.0% in the fourth quarter, holding 141,961 shares worth about $49.8 million. Visa now makes up roughly 3.0% of the fund’s portfolio and is its 9th largest position.
• Visa reported strong quarterly results, with earnings per share of $3.31 beating estimates and revenue of $11.23 billion topping expectations. Revenue rose 17.1% year over year, and analysts still expect full-year EPS of 13.09.
• The company’s board approved a $20 billion share repurchase program, while Visa also declared a quarterly dividend of $0.67 per share. The stock continues to draw mostly bullish analyst coverage, with a consensus Buy rating and target price of $387.67.

Cumberland Partners Ltd boosted its stake in Visa Inc. (NYSE:V - Free Report) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 141,961 shares of the credit-card processor's stock after buying an additional 5,490 shares during the period. Visa accounts for approximately 3.0% of Cumberland Partners Ltd's portfolio, making the stock its 9th largest position. Cumberland Partners Ltd's holdings in Visa were worth $49,787,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in V. Clayton Financial Group LLC increased its stake in shares of Visa by 446.2% during the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor's stock valued at $25,000 after purchasing an additional 58 shares in the last quarter. Parvin Asset Management LLC increased its stake in shares of Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. PayPay Securities Corp increased its stake in shares of Visa by 102.7% during the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor's stock valued at $26,000 after purchasing an additional 38 shares in the last quarter. Cresta Advisors Ltd. bought a new position in shares of Visa during the fourth quarter valued at approximately $26,000. Finally, Dorato Capital Management bought a new position in shares of Visa during the fourth quarter valued at approximately $30,000. Institutional investors own 82.15% of the company's stock.

Visa Price Performance

Shares of V opened at $329.21 on Friday. The company has a market capitalization of $590.53 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 1.77 and a beta of 0.78. 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 firm has a 50 day moving average of $312.77 and a 200 day moving average of $325.42. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $375.51.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.21. The company had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The firm's quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.76 earnings per share. As a group, equities research analysts anticipate that Visa Inc. will post 13.09 earnings per share for the current fiscal year.

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

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa's dividend payout ratio (DPR) is 23.34%.

Insider Activity at Visa

In other Visa 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 completion of 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 is accessible through this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of Visa stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the sale, the chief executive officer directly owned 15,174 shares of the company's stock, valued at approximately $5,161,284.36. This trade represents a 67.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 42,744 shares of company stock valued at $14,356,010 over the last 90 days. Corporate insiders own 0.12% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Morgan Stanley reaffirmed an "overweight" rating and set a $415.00 target price on shares of Visa in a research note on Wednesday, April 29th. Loop Capital assumed coverage on shares of Visa in a research note on Tuesday, March 31st. They set a "buy" rating and a $387.00 target price for the company. Oppenheimer reaffirmed an "outperform" rating and set a $403.00 target price (up from $391.00) on shares of Visa in a research note on Wednesday, April 29th. BMO Capital Markets initiated coverage on shares of Visa in a research report on Tuesday, April 21st. They set an "outperform" rating and a $365.00 price target for the company. Finally, Truist Financial set a $371.00 price target on shares of Visa and gave the company a "buy" rating in a research report on Tuesday, May 12th. Six equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Visa presently has a consensus rating of "Buy" and a consensus target price of $387.67.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is expanding its push into digital payments by testing stablecoin settlement in Canada and advancing AI-enabled “agentic commerce” tools, which could support long-term transaction growth and keep the company relevant as payment methods evolve. Visa Tests Stablecoin Settlement And AI Commerce To Shape Future Fees
• Positive Sentiment: Visa’s partnership with Trip.com to target digital-first travelers in Asia-Pacific adds another growth avenue in travel spending, a high-volume category that can boost payment network activity. Visa and Trip.com Partner to Reach Digital-First Travelers in Asia-Pacific
• Neutral Sentiment: Several reports framed Visa as a long-term beneficiary of crypto and blockchain adoption, but these pieces were more thesis-driven than near-term catalysts for the stock. Crypto and Blockchain Stocks Positioned for Long-Term Growth
• Neutral Sentiment: Visa continues to receive favorable analyst coverage, with brokerages assigning an average “Buy” rating, which supports sentiment but does not appear to be a new catalyst. Visa Inc. Receives Average Recommendation of "Buy" from Brokerages
• Negative Sentiment: Visa is facing renewed regulatory scrutiny in the U.K. and Europe, where authorities are pushing for more fee transparency and alternative payment options, raising the risk of pressure on card-network fees and market power. Should Visa & Mastercard Investors Worry About UK & Europe's Moves?
• Negative Sentiment: The UK Payments Systems Regulator also proposed new reporting rules for Visa and Mastercard after saying the two networks do not face effective competition, reinforcing concerns about tighter oversight. UK PSR proposes new reporting rules for Mastercard and Visa
• Negative Sentiment: Visa’s own fraud warnings highlight a rising threat from AI-powered scams and criminal targeting of consumers, which could increase compliance and security costs even if the company is helping defend against the problem. Visa Says Criminals Target People as Core Payment Security Tightens

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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