Daiwa Securities Group Inc. Has $129.91 Million Stock Position in Visa Inc. $V

Daiwa Securities Group Inc. lowered its position in shares of Visa Inc. (NYSE:V) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 370,422 shares of the credit-card processor’s stock after selling 3,093 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Visa were worth $129,911,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Clayton Financial Group LLC boosted its holdings in shares of Visa by 446.2% in the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after buying an additional 58 shares during the last quarter. PayPay Securities Corp boosted its holdings in shares of Visa by 102.7% in the 4th quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after buying an additional 38 shares during the last quarter. Cresta Advisors Ltd. acquired a new stake in shares of Visa in the 4th quarter valued at approximately $26,000. Parvin Asset Management LLC boosted its holdings in shares of Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after buying an additional 50 shares during the last quarter. Finally, Dorato Capital Management acquired a new stake in shares of Visa in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a collaboration with Brale to explore stablecoin-based settlement on the Canton Network, reinforcing its push into blockchain-enabled payments and suggesting the company wants to own the next phase of payment infrastructure rather than be disrupted by it. Article Title
• Positive Sentiment: Multiple reports highlighted Visa’s stablecoin strategy as a potential growth catalyst, with investors interpreting the Brale/Canton proof-of-concept and related coverage as evidence that Visa is expanding into faster, private institutional settlement. Article Title
• Positive Sentiment: Visa also announced leadership appointments in Asia Pacific aimed at scaling value-added services and accelerating Southeast Asia growth, supporting the longer-term revenue opportunity outside core card processing. Article Title
• Neutral Sentiment: Coverage on “pay-by-bank” noted that bank-to-bank payments are gaining some attention, but adoption and consumer trust remain limited, so the competitive threat to Visa appears more theoretical than immediate. Article Title
• Neutral Sentiment: Several stories about gold-backed Visa cards and Cuba-related sanctions were mostly brand or geopolitics headlines, with limited direct impact on Visa’s core earnings outlook. Article Title
• Negative Sentiment: The main bearish theme was the possibility that alternative payment rails and stablecoin platforms could pressure card networks over time, though recent reports suggest Visa may be participating in those solutions rather than losing share to them. Article Title

Analyst Ratings Changes

Several equities research analysts have recently commented on V shares. Oppenheimer reissued an “outperform” rating and issued a $403.00 price objective (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Sanford C. Bernstein reissued an “outperform” rating and issued a $450.00 price objective on shares of Visa in a report on Tuesday. Loop Capital started coverage on Visa in a report on Tuesday, March 31st. They issued a “buy” rating and a $387.00 price objective for the company. Citigroup cut their price objective on Visa from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Bank of America started coverage on Visa in a report on Thursday, March 5th. They issued a “buy” rating and a $410.00 price objective for the company. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $387.78.

Visa Stock Up 2.5%

V opened at $320.06 on Friday. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $375.51. The stock’s fifty day simple moving average is $316.15 and its 200 day simple moving average is $324.50. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64. The stock has a market cap of $574.12 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 1.67 and a beta of 0.77.

Visa (NYSE:V) last posted its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.75 billion. During the same quarter in the prior year, the business earned $2.76 EPS. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. As a group, research analysts expect that Visa Inc. will post 13.09 earnings per share for the current year.

Visa Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, May 12th. Visa’s dividend payout ratio is 23.34%.

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

Insider Activity at Visa

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

Visa Profile

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.