Rothschild Capital Partners LLC Purchases 4,082 Shares of Visa Inc. (NYSE:V)

Rothschild Capital Partners LLC grew its position in shares of Visa Inc. (NYSE:V - Free Report) by 10.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,365 shares of the credit-card processor's stock after acquiring an additional 4,082 shares during the quarter. Visa comprises 3.2% of Rothschild Capital Partners LLC's portfolio, making the stock its 12th biggest position. Rothschild Capital Partners LLC's holdings in Visa were worth $13,073,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in Visa during the 4th quarter valued at $26,000. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Visa in the 4th quarter worth approximately $27,000. POM Investment Strategies LLC boosted its position in Visa by 48.5% during the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock valued at $31,000 after purchasing an additional 32 shares during the period. Modus Advisors LLC bought a new position in Visa during the 4th quarter worth $32,000. Finally, Compass Planning Associates Inc acquired a new stake in Visa in the fourth quarter worth $32,000. 82.15% of the stock is owned by institutional investors and hedge funds.

Visa Stock Performance

Shares of NYSE V traded up $2.27 during mid-day trading on Tuesday, hitting $339.78. The company had a trading volume of 2,097,753 shares, compared to its average volume of 7,184,116. The business's 50-day simple moving average is $338.07 and its 200-day simple moving average is $323.40. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market cap of $631.24 billion, a P/E ratio of 34.21, a PEG ratio of 2.33 and a beta of 0.94. Visa Inc. has a 12 month low of $252.70 and a 12 month high of $366.54.

Visa (NYSE:V - Get Free Report) last issued its earnings results on Thursday, January 30th. The credit-card processor reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. As a group, analysts predict that Visa Inc. will post 11.3 earnings per share for the current fiscal year.

Visa Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 11th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Tuesday, February 11th. Visa's dividend payout ratio is 23.79%.

Insider Buying and Selling at Visa

In other Visa news, insider Tullier Kelly Mahon sold 33,741 shares of the company's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.77, for a total transaction of $11,801,589.57. Following the transaction, the insider now owns 36,566 shares of the company's stock, valued at approximately $12,789,689.82. This represents a 47.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul D. Fabara sold 39,350 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $327.20, for a total value of $12,875,320.00. Following the sale, the insider now owns 26,413 shares of the company's stock, valued at approximately $8,642,333.60. The trade was a 59.84 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 143,205 shares of company stock valued at $48,842,490. 0.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on V shares. UBS Group boosted their price target on Visa from $350.00 to $400.00 and gave the stock a "buy" rating in a research report on Friday, January 31st. Oppenheimer reaffirmed an "outperform" rating on shares of Visa in a research report on Thursday, February 13th. Bank of America raised their target price on shares of Visa from $331.00 to $363.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. Wells Fargo & Company raised their price objective on shares of Visa from $360.00 to $395.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Visa from $340.00 to $375.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $358.17.

Visa Profile

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.