Visa logoSouth Texas Money Management Ltd. raised its holdings in shares of Visa Inc (NYSE: V) by way of 7.Four within the 4th sector, according to its latest filing with the Securities & Exchange Commission. The institutional investor owned 2,907 stocks of the credit card processor’s inventory after obtaining a01 share at some stage in the quarter. South Texas Money Management Ltd.’s holdings in Visa were well worth $384,000 at the quiet of the maximum current reporting length.
Several different institutional investors and hedge funds have also modified their holdings of V. Highwater Wealth Management LLC acquired a brand new stake in Visa during the 4th sector worth $33,000. Ironwood Financial LLC lifted its holdings in Visa by 67.5% for the duration of the 4th region. Ironwood Financial LLC now owns 335 stocks of the credit score-card processor’s stock valued at $ forty-four 000 after shopping a further one hundred thirty-five shares over the last area.
Contravisory Investment Management Inc. lifted its holdings in Visa via a hundred and eighty.9% at some stage in the 4th zone. Contravisory Investment Management Inc. Now owns 396 shares of the credit-card processor’s inventory valued at $52,000 after shopping an additional 255 stocks over the last region. G&S Capital LLC lifted its holdings in Visa by way of 86.0% during the 4th region.
G&S Capital LLC now owns 519 shares of the credit-card processor’s inventory valued at $ sixty-eight 000 after shopping a further 240 shares over the last sector. Ninety-seven % of the inventory is owned through institutional buyers. Finally, Financial Advantage Inc. Received a new stake in Visa at some stage in the 4th quarter worth $68,000. 80.
In other information, EVP Lynne Biggar bought 15,000 stocks of the inventory in a transaction on Monday, March 11th. The inventory becomes offered at a mean price of $150.00 for a complete transaction of $2,250,000.00. Following the final touch of the transaction, the executive vice president now owns 22,294 stocks inside the business enterprise, worth about $3,344, hundred.
The transaction changed into disclosed in a filing with the Securities & Exchange Commission, which may be accessed through this hyperlink. Also, EVP William M. Sheedy bought seventy-five,676 shares of the stock on Tuesday, April 30th. The inventory turned into sold at an average price of $ hundred sixty-five .24, for a total price of $12,504,702.24. Following the transaction, the govt vice president now owns three hundred 114 shares of the organization’s stock, worth approximately $ forty-nine,590,837.36.
The disclosure for this sale may be discovered right here. Insiders sold a total of 269,207 stocks of business enterprise inventory worth $ forty-one,302,652 within the ultimate ninety days. Corporate insiders very own zero., 17% of the organization’s stock. Several equities studies analysts have recently weighed in on the corporation. Nomura lifted their target price on Visa from $151.00 to $ hundred seventy-five .00 in a document on Thursday, April 11th.
Cantor Fitzgerald reissued a “buy” score and set a $ hundred and sixty.00 goal charge on shares of Visa in a report on Thursday, January 31st. Jefferies Financial Group started insurance on Visa in a file on Monday, January twenty-eighth. They set a “buy” rating and a $ hundred thirty-five .99 goal charge for the corporation. Reaffirmed a “purchase” rating on stocks of Visa in a research notice on Tuesday, February twelfth.
Finally, Deutsche Bank boosted its charge target on Visa from $one hundred sixty.00 to $177.00 and gave the employer a “buy” rating in a research note on Thursday, March 21st. One study analyst has rated the stock with a preserve score, and twenty-five have assigned a buy rating to the inventory. Visa presently has a median score of “Buy” and a consensus goal rate of $176.67.
Shares of V inventory opened at $162.04 on Friday. Visa Inc. has a one-year low of $121.60 and 12 months excessive of $one hundred sixty-five .74. The employer has a current ratio of one: sixty-two, a brief ratio of 1.50, and a debt-to-equity ratio of 0.58. The company has a marketplace capitalization of $325.28 billion, a P/E ratio of 32.28, a P/E/G ratio of one.83, and a beta of 1.00.
Visa (NYSE: V) last issued its profits outcomes on Wednesday, April twenty-fourth. According to a percentage for the sector, the credit-card processor mentioned $1.31 earnings, topping analysts’ consensus estimates of $1.24 with the aid of $zero.07. Visa had a return on fairness of forty. Fifty-six % and an internet margin of fifty-one .34%.
The corporation had sales of $5.Forty-nine billion for the quarter, as compared to analyst estimates of $5.46 billion. During the identical length within the prior 12 months, the company earned $1.11 income per share. Visa’s revenue for the region was up 8.3% on a year-over-year foundation. As a group, sell-facet analysts anticipate that Visa Inc. will post 5.38 EPS for the modern-day financial year.
The company also lately disclosed a quarterly dividend to be paid on Tuesday, June 4th. Shareholders of record on Friday, May 17th, may be paid a $0.25 dividend. The ex-dividend date is Thursday, May 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.Sixty two%. Visa’s dividend payout ratio (DPR) is presently 21.69%.
