Marks Group Wealth Management Inc Has $8.77 Million Stake in Visa Inc. $V

Marks Group Wealth Management Inc trimmed its position in Visa Inc. (NYSE:V) by 15.2% during the first quarter, HoldingsChannel.com reports. The firm owned 29,025 shares of the credit-card processor’s stock after selling 5,219 shares during the quarter. Visa accounts for approximately 0.8% of Marks Group Wealth Management Inc’s investment portfolio, making the stock its 22nd biggest holding. Marks Group Wealth Management Inc’s holdings in Visa were worth $8,772,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Clayton Financial Group LLC lifted its position in shares of Visa by 446.2% in the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock worth $25,000 after purchasing an additional 58 shares in the last quarter. Parvin Asset Management LLC boosted its holdings in Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after purchasing an additional 50 shares during the last quarter. PayPay Securities Corp grew its position in Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 38 shares in the last quarter. Cresta Advisors Ltd. bought a new position in Visa in the fourth quarter valued at $26,000. Finally, Dorato Capital Management acquired a new stake in Visa in the 4th quarter valued at $30,000. 82.15% of the stock is owned by institutional investors and hedge funds.

Visa Stock Performance

Shares of V stock opened at $355.71 on Thursday. The company has a fifty day moving average price of $332.76 and a two-hundred day moving average price of $324.90. Visa Inc. has a one year low of $293.89 and a one year high of $365.02. The stock has a market cap of $638.05 billion, a P/E ratio of 30.98, a P/E/G ratio of 1.90 and a beta of 0.75. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09.

Visa (NYSE:V) last released its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.21. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. Visa’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.76 EPS. As a group, equities analysts predict that Visa Inc. will post 13.1 EPS for the current year.

Visa announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 28th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the credit-card processor to buy up to 3.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

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 issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. Visa’s dividend payout ratio (DPR) is presently 23.34%.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expanded its AI payments push through the rollout of an “AI Financial Assistant” that banks can embed in their apps, giving cardholders conversational financial guidance and strengthening Visa’s fee-generating value-added services business. Visa Readies Rollout of AI Financial Assistant for Banking Apps
• Positive Sentiment: Visa’s Agentic Ready program picked up another partner, Thredd, which will help European issuers process AI-initiated payments without replacing their existing infrastructure, signaling broader adoption of Visa’s next-generation payment rails. Thredd Joins Visa Agentic Ready Program to Power AI Payments for European Issuers
• Positive Sentiment: Visa is also deepening its cross-border remittance business through its partnership with ACE Money Transfer, which could support transaction growth and international money movement volume. Can Visa Deepen Its Remittance Business Through ACE Partnership?
• Neutral Sentiment: Commentary around Visa’s involvement in crypto, stablecoins, and tokenized finance suggests the company remains central to the evolution of digital payments, but these developments are still early and not yet a clear earnings driver.

Insiders Place Their Bets

In other Visa news, General Counsel Julie B. Rottenberg sold 2,027 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total transaction of $729,720.00. Following the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at $6,625,440. The trade was a 9.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the sale, the chief financial officer owned 9,872 shares in the company, valued at $3,206,524.32. This represents a 51.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 75,581 shares of company stock valued at $25,627,975 over the last 90 days. 0.12% of the stock is currently owned by insiders.

Analyst Ratings Changes

V has been the topic of several analyst reports. Loop Capital started coverage on shares of Visa in a research report on Tuesday, March 31st. They set a “buy” rating and a $387.00 price target on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $400.00 price objective on shares of Visa in a report on Wednesday, April 29th. Truist Financial set a $371.00 target price on Visa and gave the company a “buy” rating in a research report on Tuesday, May 12th. Citigroup dropped their target price on Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, UBS Group increased their price target on Visa from $390.00 to $410.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Six analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Visa presently has an average rating of “Buy” and a consensus price target of $398.87.

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.