Zions Bancorporation National Association UT Sells 2,500 Shares of Visa Inc. $V

Zions Bancorporation National Association UT cut its holdings in Visa Inc. (NYSE:V) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,742 shares of the credit-card processor’s stock after selling 2,500 shares during the period. Visa comprises 0.8% of Zions Bancorporation National Association UT’s holdings, making the stock its 18th largest holding. Zions Bancorporation National Association UT’s holdings in Visa were worth $17,094,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Visa by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock worth $56,455,834,000 after purchasing an additional 1,054,343 shares during the period. Geode Capital Management LLC boosted its stake in shares of Visa by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 44,042,586 shares of the credit-card processor’s stock worth $15,411,395,000 after purchasing an additional 388,996 shares during the period. Capital World Investors boosted its stake in shares of Visa by 0.8% during the 3rd quarter. Capital World Investors now owns 24,792,246 shares of the credit-card processor’s stock worth $8,463,484,000 after purchasing an additional 193,288 shares during the period. Capital International Investors boosted its stake in shares of Visa by 1.1% during the 4th quarter. Capital International Investors now owns 21,516,371 shares of the credit-card processor’s stock worth $7,547,169,000 after purchasing an additional 244,085 shares during the period. Finally, Norges Bank purchased a new position in shares of Visa during the 4th quarter worth about $5,877,738,000. 82.15% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on V. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $450.00 price target on shares of Visa in a research note on Tuesday, June 2nd. UBS Group lifted their price target on shares of Visa from $390.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $400.00 price target on shares of Visa in a research note on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating and set a $415.00 price target on shares of Visa in a research note on Wednesday, April 29th. Finally, Bank of America began coverage on shares of Visa in a research note on Thursday, March 5th. They set a “buy” rating and a $410.00 price target for the company. Six research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $387.78.

Insider Buying and Selling

In related news, CFO Chris Suh sold 10,639 shares of the business’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 transaction, the chief financial officer owned 9,872 shares of the company’s stock, valued at $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ryan Mcinerney sold 31,455 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This trade represents a 67.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.12% of the company’s stock.

Visa Price Performance

Shares of V stock opened at $323.31 on Thursday. 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 fifty day simple moving average of $317.88 and a two-hundred day simple moving average of $324.48. The stock has a market capitalization of $579.93 billion, a price-to-earnings ratio of 28.16, a P/E/G ratio of 1.74 and a beta of 0.77. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $375.51.

Visa (NYSE:V) last released its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period last year, the firm earned $2.76 earnings per share. On average, analysts predict that Visa Inc. will post 13.09 EPS for the current fiscal year.

Visa Announces Dividend

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

Visa declared that its Board of Directors has approved a share repurchase program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a strategic partnership with OpenAI that embeds Visa’s payment network into ChatGPT, allowing AI agents to shop and complete transactions for users. Investors may view this as a potential new growth channel in “agentic commerce” and a way for Visa to stay central as payments shift toward AI-powered shopping. Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
• Positive Sentiment: Visa also rolled out new AI, stablecoin, and tokenization tools aimed at making payments faster and more secure, which could strengthen its long-term platform and support broader digital-commerce adoption. Visa Launches AI and Stablecoin Tools to Power Agentic Commerce
• Positive Sentiment: A U.S. judge gave preliminary approval to Visa’s $38 billion swipe-fee settlement with merchants, reducing one major legal overhang and signaling that a long-running dispute over interchange fees may be nearing resolution. US judge OKs Visa, Mastercard $38 billion swipe fee settlement
• Neutral Sentiment: There were multiple follow-up reports on the OpenAI partnership and related AI-commerce plans, reinforcing the same growth theme but not adding much new information beyond the initial announcement. Visa to Secure Payments for Shoppers on ChatGPT in OpenAI Partnership
• Negative Sentiment: Visa’s CFO said the company is “hesitant” to lean too heavily into the stablecoin and agentic-commerce narrative in the short term, which may temper some of the enthusiasm around how quickly these new initiatives will move the needle financially. Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term

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.