TD Asset Management Inc Sells 88,958 Shares of Visa Inc. $V

TD Asset Management Inc decreased its position in shares of Visa Inc. (NYSE:V) by 2.7% during the fourth quarter, HoldingsChannel reports. The fund owned 3,161,425 shares of the credit-card processor’s stock after selling 88,958 shares during the quarter. Visa accounts for approximately 0.9% of TD Asset Management Inc’s investment portfolio, making the stock its 26th largest holding. TD Asset Management Inc’s holdings in Visa were worth $1,108,743,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of V. Norges Bank purchased a new stake in shares of Visa in the fourth quarter worth approximately $5,877,738,000. Corient Private Wealth LLC increased its holdings in Visa by 110.4% during the 2nd quarter. Corient Private Wealth LLC now owns 3,954,937 shares of the credit-card processor’s stock worth $1,396,930,000 after purchasing an additional 2,075,289 shares during the period. Holocene Advisors LP boosted its position in Visa by 286.4% during the 3rd quarter. Holocene Advisors LP now owns 2,526,026 shares of the credit-card processor’s stock valued at $862,335,000 after acquiring an additional 1,872,362 shares in the last quarter. SG Americas Securities LLC boosted its position in Visa by 121.7% during the 4th quarter. SG Americas Securities LLC now owns 3,022,411 shares of the credit-card processor’s stock valued at $1,059,990,000 after acquiring an additional 1,658,954 shares in the last quarter. Finally, Danske Bank A S bought a new stake in Visa during the 3rd quarter valued at $565,684,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Visa news, CFO Chris Suh sold 10,639 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the sale, the chief financial officer directly owned 9,872 shares in the company, valued at approximately $3,206,524.32. The trade was a 51.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lloyd Carney sold 650 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total value of $201,253.00. Following the sale, the director owned 2,679 shares of the company’s stock, valued at approximately $829,471.98. This trade represents a 19.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 42,744 shares of company stock worth $14,356,010. Corporate insiders own 0.12% of the company’s stock.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Multiple reports say Visa is reportedly backing a new shared stablecoin platform with Stripe and Mastercard, which could support faster, cheaper cross-border settlement and reinforce Visa’s role in digital payments infrastructure. Report: Payments Giants Visa, Mastercard, and Stripe Back Stablecoin Platform for Faster Payments
• Positive Sentiment: Visa is also being linked to expanded stablecoin settlement initiatives, including reports that it is collaborating on a broader stablecoin platform, which suggests the company is actively adapting to crypto-based payment rails rather than being disrupted by them. Visa And Mastercard Collaborate On New Stablecoin Platform
• Positive Sentiment: Visa-linked products continue to expand globally, including a new gold-backed Visa card from Tether/Fasset, highlighting ongoing demand for Visa’s network as the underlying payment rail for emerging fintech products. Tether Backs $1M in Gold Rewards as First Gold-Backed Visa Card Goes Live
• Neutral Sentiment: Industry coverage says global payment company revenues rose 8% in 2025, with Visa among the sector winners, reinforcing that scale remains an advantage in payments. Top 20 global payment companies’ revenue rises 8% in 2025 as scale still wins: GlobalData
• Negative Sentiment: Visa and Mastercard are expected to halt payments in Cuba amid expanded U.S. sanctions, which could reduce payment volumes in that market and create another headline risk for the stock. Visa, Mastercard payments to be halted in Cuba amid new US sanctions

Visa Price Performance

Shares of Visa stock opened at $313.90 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $375.51. The business has a 50-day moving average price of $315.83 and a 200 day moving average price of $324.56. The firm has a market cap of $563.07 billion, a PE ratio of 27.34, a P/E/G ratio of 1.70 and a beta of 0.77.

Visa (NYSE:V) 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. Visa had a return on equity of 65.00% and a net margin of 51.68%.The firm had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. During the same quarter in the previous year, the business earned $2.76 EPS. Visa’s revenue for the quarter was up 17.1% compared to the same quarter last year. Sell-side analysts predict that Visa Inc. will post 13.09 earnings per share for the current fiscal year.

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

Visa Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, May 12th. Visa’s payout ratio is 23.34%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on V. Loop Capital initiated coverage on Visa in a research report on Tuesday, March 31st. They set a “buy” rating and a $387.00 target price on the stock. Bank of America initiated coverage on Visa in a research report on Thursday, March 5th. They set a “buy” rating and a $410.00 price target for the company. Sanford C. Bernstein reiterated an “outperform” rating and set a $450.00 price objective on shares of Visa in a research note on Tuesday. Weiss Ratings lowered Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 16th. Finally, BMO Capital Markets initiated coverage on Visa in a research note on Tuesday, April 21st. They set an “outperform” rating and a $365.00 price objective for the company. Six equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Visa presently has an average rating of “Buy” and a consensus target price of $389.33.

About Visa

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.