Visa Inc (NYSE:V) EVP Tullier Kelly Mahon sold 49,702 shares of Visa stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $113.66, for a total value of $5,649,129.32. Following the sale, the executive vice president now directly owns 76,202 shares in the company, valued at $8,661,119.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Visa Inc (NYSE V) traded down $0.27 during trading hours on Monday, hitting $113.55. 8,945,981 shares of the stock were exchanged, compared to its average volume of 7,710,752. Visa Inc has a 52 week low of $77.19 and a 52 week high of $114.37. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $235,794.19, a PE ratio of 32.71, a P/E/G ratio of 1.67 and a beta of 0.97.

Visa (NYSE:V) last posted its earnings results on Wednesday, October 25th. The credit-card processor reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.05. Visa had a net margin of 36.49% and a return on equity of 31.80%. The company had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.63 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. Visa’s quarterly revenue was up 13.9% compared to the same quarter last year. analysts anticipate that Visa Inc will post 4.05 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 5th. Stockholders of record on Friday, November 17th were paid a $0.195 dividend. The ex-dividend date was Thursday, November 16th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.69%. This is a boost from Visa’s previous quarterly dividend of $0.17. Visa’s payout ratio is 27.86%.

Several large investors have recently bought and sold shares of the company. Krilogy Financial LLC raised its position in Visa by 0.3% in the 2nd quarter. Krilogy Financial LLC now owns 2,572 shares of the credit-card processor’s stock worth $241,000 after purchasing an additional 7 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in Visa by 0.4% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 4,747 shares of the credit-card processor’s stock worth $445,000 after purchasing an additional 20 shares during the last quarter. Baker Ellis Asset Management LLC raised its position in Visa by 0.3% in the 2nd quarter. Baker Ellis Asset Management LLC now owns 6,262 shares of the credit-card processor’s stock worth $587,000 after purchasing an additional 20 shares during the last quarter. Lakeview Capital Partners LLC raised its position in Visa by 0.8% in the 2nd quarter. Lakeview Capital Partners LLC now owns 4,283 shares of the credit-card processor’s stock worth $402,000 after purchasing an additional 34 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC grew its holdings in Visa by 0.5% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 7,428 shares of the credit-card processor’s stock worth $739,000 after acquiring an additional 38 shares during the period. Institutional investors own 81.91% of the company’s stock.

A number of equities research analysts have weighed in on the company. Vetr raised Visa from a “hold” rating to a “buy” rating and set a $119.56 price objective on the stock in a report on Thursday. Zacks Investment Research raised Visa from a “hold” rating to a “buy” rating and set a $123.00 price objective on the stock in a report on Thursday, November 2nd. Jefferies Group lifted their price objective on Visa from $125.00 to $127.00 and gave the company a “buy” rating in a report on Monday, October 30th. Buckingham Research lifted their price objective on Visa from $129.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, Nomura lifted their price objective on Visa from $120.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $117.23.

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About Visa

Visa Inc (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants.

Insider Buying and Selling by Quarter for Visa (NYSE:V)

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