Capital Advisors Ltd. LLC Raises Stake in Visa Inc. (NYSE:V)

Capital Advisors Ltd. LLC boosted its position in Visa Inc. (NYSE:VGet Rating) by 94.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,673 shares of the credit-card processor’s stock after buying an additional 812 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Visa were worth $363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. University of Texas Texas AM Investment Managment Co. purchased a new stake in Visa in the third quarter worth approximately $26,000. Outfitter Financial LLC purchased a new stake in shares of Visa during the fourth quarter valued at approximately $27,000. Cranbrook Wealth Management LLC boosted its stake in shares of Visa by 236.8% during the third quarter. Cranbrook Wealth Management LLC now owns 128 shares of the credit-card processor’s stock valued at $29,000 after purchasing an additional 90 shares during the period. Blue Bell Private Wealth Management LLC purchased a new stake in shares of Visa during the fourth quarter valued at approximately $32,000. Finally, Disciplined Investments LLC boosted its stake in shares of Visa by 500.0% during the fourth quarter. Disciplined Investments LLC now owns 168 shares of the credit-card processor’s stock valued at $36,000 after purchasing an additional 140 shares during the period. 81.28% of the stock is owned by institutional investors and hedge funds.

In other Visa news, President Ryan Mcinerney sold 6,466 shares of the company’s stock in a transaction that occurred on Tuesday, February 8th. The stock was sold at an average price of $226.11, for a total value of $1,462,027.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO James H. Hoffmeister sold 1,737 shares of the company’s stock in a transaction that occurred on Tuesday, February 1st. The stock was sold at an average price of $231.49, for a total value of $402,098.13. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,250 shares of company stock valued at $10,951,267. 0.21% of the stock is currently owned by corporate insiders.

A number of brokerages recently commented on V. Robert W. Baird dropped their price target on Visa from $305.00 to $290.00 in a research note on Friday, January 28th. StockNews.com upgraded Visa from a “hold” rating to a “buy” rating in a report on Thursday. Raymond James boosted their target price on shares of Visa from $265.00 to $281.00 and gave the company an “outperform” rating in a report on Friday, January 28th. Citigroup dropped their target price on shares of Visa from $285.00 to $265.00 in a report on Monday, April 25th. Finally, Cowen dropped their target price on shares of Visa from $276.00 to $254.00 in a report on Wednesday. Six equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $265.24.

Shares of Visa stock traded down $7.53 during trading hours on Friday, reaching $213.13. 7,964,954 shares of the stock traded hands, compared to its average volume of 7,197,495. The company has a 50 day moving average price of $213.40 and a 200 day moving average price of $214.84. The firm has a market capitalization of $407.98 billion, a price-to-earnings ratio of 33.51, a P/E/G ratio of 1.88 and a beta of 0.92. The company has a quick ratio of 1.40, a current ratio of 1.29 and a debt-to-equity ratio of 0.53. Visa Inc. has a one year low of $186.67 and a one year high of $252.67.

Visa (NYSE:VGet Rating) last announced its quarterly earnings data on Tuesday, April 26th. The credit-card processor reported $1.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.14. The company had revenue of $7.19 billion during the quarter, compared to the consensus estimate of $6.82 billion. Visa had a return on equity of 42.89% and a net margin of 51.10%. The firm’s revenue was up 25.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.38 EPS. Sell-side analysts anticipate that Visa Inc. will post 7.13 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Friday, May 13th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, May 12th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.70%. Visa’s dividend payout ratio (DPR) is presently 23.58%.

About Visa (Get Rating)

Visa Inc operates as a payments technology company worldwide. The company facilitates digital payments among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions.

Read More

Institutional Ownership by Quarter for Visa (NYSE:V)

Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.