Moody National Bank Trust Division lifted its holdings in Visa Inc. (NYSE:V – Free Report) by 9.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 27,509 shares of the credit-card processor’s stock after buying an additional 2,310 shares during the period. Visa comprises approximately 0.7% of Moody National Bank Trust Division’s holdings, making the stock its 21st largest position. Moody National Bank Trust Division’s holdings in Visa were worth $9,885,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. XXEC Inc. grew its stake in Visa by 153,118.8% during the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after purchasing an additional 186,138,883 shares during the period. State Street Corp lifted its stake in Visa by 0.7% in the second quarter. State Street Corp now owns 82,872,209 shares of the credit-card processor’s stock valued at $28,432,626,000 after buying an additional 566,194 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Visa by 13.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor’s stock worth $5,393,398,000 after buying an additional 1,808,496 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Visa by 9.2% during the 4th quarter. Franklin Resources Inc. now owns 8,843,623 shares of the credit-card processor’s stock worth $3,101,547,000 after buying an additional 746,917 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Visa by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,842,842 shares of the credit-card processor’s stock worth $2,672,655,000 after buying an additional 316,559 shares during the period. 82.15% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $5,444,582.94. This trade represents a 27.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the completion of the sale, the insider owned 49,662 shares of the company’s stock, valued at approximately $18,125,140.14. The trade was a 53.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 78,792 shares of company stock worth $28,863,319. 0.12% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Visa News Summary
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Expanded OpenTable partnership: Visa and OpenTable renewed their agreement across the U.S., Mexico and Canada. The deal will broaden the Visa Dining Collection, expand events, and give eligible cardholders more dining experiences—supporting customer engagement and premium-card value. OpenTable and Visa Extend Their Agreement
- Positive Sentiment: Stablecoin and artificial-intelligence opportunities: Visa is scaling stablecoin settlement and AI-driven commerce while payment volumes and core transactions grow. A separate Visa survey found that 46% of people in Asia may use stablecoins by 2031, highlighting a potentially significant long-term growth market. Visa is Betting on Stablecoins and AI
- Positive Sentiment: Broader distribution and brand partnerships: Visa is expanding its fan-focused strategy through new and renewed professional football partnerships. It also partnered with Paytm on discounts for metro tickets, recharges and bill payments, potentially increasing transaction activity and consumer reach in India. Visa Expands Fan-First Strategy
- Neutral Sentiment: Analyst and valuation debate: Recent coverage compares Visa with PayPal and reviews brokers’ generally favorable views, but the discussion indicates investors are focused on whether Visa’s premium valuation is justified by its growth and profitability. PYPL or V: Which Is the Better Value Stock
- Negative Sentiment: Disruption risk: A bearish analysis argues that Visa and Mastercard could face pressure from account-to-account payments, fintech platforms, stablecoins and other alternatives, leading the author to recommend underweighting both stocks. This creates a potential overhang despite Visa’s current earnings strength. Visa and Mastercard Are at Risk of Disruption
Visa Stock Up 0.3%
Shares of V traded up $1.01 on Tuesday, reaching $370.72. The company’s stock had a trading volume of 3,534,134 shares, compared to its average volume of 7,591,455. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $385.57. The stock has a market capitalization of $661.52 billion, a PE ratio of 31.52, a PEG ratio of 1.70 and a beta of 0.77. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average of $369.19 and a 200-day moving average of $341.21.
Visa (NYSE:V – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. The firm had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.40 billion. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.98 EPS. Equities analysts predict that Visa Inc. will post 13.22 EPS for the current year.
Visa Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. Visa’s payout ratio is presently 22.79%.
Visa Company Profile
Visa Inc is a global payments technology company that operates one of the world’s largest electronic payments networks. Through its VisaNet platform, the company facilitates the authorization, clearing and settlement of payment transactions between consumers, merchants, financial institutions and governments.
Visa provides payment products and services for credit, debit, prepaid and commercial transactions. Its offerings also include digital payment capabilities, tokenization, fraud prevention, risk management and other value-added services designed to support secure electronic commerce and contactless payments.
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Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).
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