Visa Inc. $V Shares Sold by DUTCH ASSET Corp

DUTCH ASSET Corp cut its position in shares of Visa Inc. (NYSE:V - Free Report) by 33.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,595 shares of the credit-card processor's stock after selling 3,900 shares during the quarter. Visa accounts for 1.3% of DUTCH ASSET Corp's portfolio, making the stock its 21st largest position. DUTCH ASSET Corp's holdings in Visa were worth $2,729,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of V. Concorde Asset Management LLC lifted its holdings in shares of Visa by 4.0% in the second quarter. Concorde Asset Management LLC now owns 728 shares of the credit-card processor's stock valued at $250,000 after buying an additional 28 shares during the period. G&S Capital LLC boosted its stake in Visa by 4.0% during the second quarter. G&S Capital LLC now owns 761 shares of the credit-card processor's stock valued at $261,000 after buying an additional 29 shares in the last quarter. Keating Financial Advisory Services Inc. grew its holdings in Visa by 0.9% during the second quarter. Keating Financial Advisory Services Inc. now owns 3,189 shares of the credit-card processor's stock worth $1,094,000 after acquiring an additional 29 shares during the period. Riverview Capital Advisers LLC grew its holdings in Visa by 0.3% during the second quarter. Riverview Capital Advisers LLC now owns 10,805 shares of the credit-card processor's stock worth $3,707,000 after acquiring an additional 29 shares during the period. Finally, NerdWallet Wealth Partners LLC grew its holdings in Visa by 4.5% during the second quarter. NerdWallet Wealth Partners LLC now owns 695 shares of the credit-card processor's stock worth $239,000 after acquiring an additional 30 shares during the period. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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.

Visa Price Performance

NYSE V opened at $406.57 on Wednesday. The stock has a market capitalization of $725.50 billion, a P/E ratio of 34.57, a P/E/G ratio of 1.89 and a beta of 0.77. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $408.59. The business's fifty day moving average is $374.46 and its two-hundred day moving average is $348.09. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99.

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

Visa Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have commented on V. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $430.00 price target on shares of Visa in a research report on Wednesday, July 29th. Susquehanna reissued a "positive" rating and issued a $427.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Piper Sandler restated an "overweight" rating and set a $430.00 price objective (up from $394.00) on shares of Visa in a research report on Wednesday, July 29th. Morgan Stanley restated an "overweight" rating and set a $416.00 price objective (up from $415.00) on shares of Visa in a research report on Wednesday, July 29th. Finally, Wolfe Research reaffirmed an "outperform" rating and issued a $460.00 price objective (up from $435.00) on shares of Visa in a research note on Tuesday, August 25th. Three investment analysts have rated the stock with a Strong Buy rating and thirty-four have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $426.12.

Insider Buying and Selling

In other news, CEO Ryan Mcinerney sold 5,875 shares of the business's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company's stock, valued at $5,444,582.94. The trade was a 27.91% decrease in their ownership of the stock. 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, General Counsel Julie Rottenberg sold 2,028 shares of the company's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel directly owned 18,404 shares of the company's stock, valued at approximately $7,018,365.40. This represents a 9.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 78,792 shares of company stock worth $28,863,319 in the last three months. 0.12% of the stock is currently owned by insiders.

Visa Profile

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.

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