Mn Services Vermogensbeheer B.V. raised its stake in Visa Inc (NYSE:V) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 305,109 shares of the credit-card processor’s stock after purchasing an additional 1,600 shares during the period. Visa accounts for about 0.8% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 21st biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Visa were worth $32,110,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Krilogy Financial LLC grew its position in shares of Visa by 0.3% during the second quarter. Krilogy Financial LLC now owns 2,572 shares of the credit-card processor’s stock worth $241,000 after acquiring an additional 7 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Visa by 0.4% during the second quarter. Capital Investment Advisory Services LLC now owns 4,747 shares of the credit-card processor’s stock worth $445,000 after acquiring an additional 20 shares during the last quarter. Baker Ellis Asset Management LLC grew its position in shares of Visa by 0.3% during the second quarter. Baker Ellis Asset Management LLC now owns 6,262 shares of the credit-card processor’s stock worth $587,000 after acquiring an additional 20 shares during the last quarter. Lakeview Capital Partners LLC grew its position in shares of Visa by 0.8% during the second quarter. Lakeview Capital Partners LLC now owns 4,283 shares of the credit-card processor’s stock worth $402,000 after acquiring an additional 34 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC grew its position in shares of Visa by 0.5% during the second 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 last quarter. Institutional investors own 81.50% of the company’s stock.

In other Visa news, Director Robert W. Matschullat sold 6,220 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $113.76, for a total value of $707,587.20. Following the completion of the sale, the director now owns 57,368 shares of the company’s stock, valued at $6,526,183.68. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Tullier Kelly Mahon sold 49,702 shares of the firm’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $113.66, for a total value of $5,649,129.32. Following the completion of the sale, the executive vice president now directly owns 76,202 shares of the company’s stock, valued at approximately $8,661,119.32. The disclosure for this sale can be found here. In the last three months, insiders sold 58,068 shares of company stock valued at $6,597,262. 0.14% of the stock is owned by corporate insiders.

Shares of Visa Inc (V) opened at $119.11 on Wednesday. Visa Inc has a fifty-two week low of $80.51 and a fifty-two week high of $120.48. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market capitalization of $269,930.00, a price-to-earnings ratio of 42.54, a price-to-earnings-growth ratio of 1.73 and a beta of 0.99.

Visa (NYSE:V) last released its earnings results on Wednesday, October 25th. The credit-card processor reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.05. Visa had a return on equity of 31.80% and a net margin of 36.49%. The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.63 billion. During the same quarter last year, the company earned $0.78 earnings per share. Visa’s quarterly revenue was up 13.9% compared to the same quarter last year. equities research analysts expect that Visa Inc will post 4.07 EPS for the current year.

A number of equities analysts have recently issued reports on the stock. Jefferies Group restated a “buy” rating and set a $125.00 target price (up from $112.00) on shares of Visa in a research report on Tuesday, October 17th. Wells Fargo & Co restated an “outperform” rating and set a $135.00 target price (up from $127.00) on shares of Visa in a research report on Tuesday. Robert W. Baird restated an “outperform” rating and set a $128.00 target price (up from $122.00) on shares of Visa in a research report on Monday, October 2nd. Morgan Stanley raised their target price on shares of Visa from $125.00 to $126.00 and gave the stock an “overweight” rating in a research report on Thursday, October 26th. Finally, Barclays reaffirmed a “buy” rating and set a $145.00 price target on shares of Visa in a report on Friday, January 5th. Four research analysts have rated the stock with a hold rating, twenty-eight have issued 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 price target of $120.61.

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Visa Profile

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.

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Institutional Ownership by Quarter for Visa (NYSE:V)

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