State Street Corp raised its position in shares of Visa by 0.9% in the first quarter. (NYSE:V) by 4.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Axiom Investors Lc De owns 1.30M shares or 2.9% of their United States portfolio. Thomas White International Ltd sold 5,779 shares as Visa Inc Cl A (V)'s stock rose 5.74%. Covington Cap Management reported 0.66% of its portfolio in Visa Inc (NYSE:V).
A number of hedge funds and other institutional investors have recently modified their holdings of V. Sullivan Bruyette Speros & Blaney LLC increased its stake in shares of Visa by 0.6% in the fourth quarter. Smithfield Trust Co. grew its stake in Visa by 0.3% during the first quarter. Mercer Capital Advisers Inc. now owns 1,167 shares of the credit-card processor's stock worth $104,000 after purchasing an additional 25 shares during the period. After $0.86 actual EPS reported by Visa Inc for the previous quarter, Wall Street now forecasts -1.16 % negative EPS growth. Nicolet Bankshares Inc. now owns 9,312 shares of the credit-card processor's stock worth $828,000 after purchasing an additional 27 shares during the period. MUFG Securities EMEA plc lifted its position in Visa by 7.0% during the first quarter. MUFG Securities EMEA plc now owns 11,768,474 shares of the credit-card processor's stock worth $1,045,864,000 after buying an additional 775,000 shares in the last quarter. Dumont & Blake Investment Advisors LLC increased its stake in shares of Visa by 0.4% in the third quarter. Vanguard Group Inc. now owns 127,020,401 shares of the credit-card processor's stock valued at $11,911,973,000 after purchasing an additional 2,628,148 shares during the last quarter. Finally, Morningstar Investment Services LLC acquired a new stake in Visa during the first quarter worth $55,972,000. Midwest Invest Management Ltd Liability Com owns 54,746 shares.
BMO Capital Markets reiterated their outperform rating on shares of Visa Inc. If you are accessing this piece on another website, it was illegally stolen and republished in violation of USA and worldwide trademark and copyright law. Hanson Mcclain reported 0.01% in Visa Inc (NYSE:V). Winslow Capital Management Llc sold 746,390 shares as the company's stock rose 5.74% with the market. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
In other Visa news, EVP Tullier Kelly Mahon sold 29,772 shares of the stock in a transaction that occurred on Thursday, July 27th. Visa has a consensus rating of Buy and an average price target of $105.35. Following the transaction, the executive vice president now owns 17,360 shares in the company, valued at approximately $1,751,797.60. The disclosure for this sale can be found here. Corporate insiders own 0.14% of the company's stock. Visa Inc. has a 12-month low of $75.17 and a 12-month high of $106.84. Topeka Capital Markets maintained Visa Inc (NYSE:V) rating on Friday, July 24. The stock has a market cap of $240.76 billion, a P/E ratio of 39.16 and a beta of 0.94. The firm has a 50-day moving average of $102.82 and a 200-day moving average of $95.21.
Visa (NYSE:V) last issued its quarterly earnings data on Thursday, July 20th. The credit-card processor reported $0.86 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.05. Visa had a return on equity of 30.95% and a net margin of 36.53%. The company had revenue of $4.57 billion for the quarter, compared to analysts' expectations of $4.36 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The business's quarterly revenue was up 25.8% compared to the same quarter past year. On average, analysts predict that Visa Inc. will post $3.43 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 5th. Investors of record on Friday, August 18th were issued a $0.165 dividend. The stock has "Outperform" rating by Bernstein on Wednesday, August 12. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.63%. Visa's dividend payout ratio is now 24.54%.
Several equities research analysts have issued reports on the company. Vetr lowered shares of Visa from a "hold" rating to a "sell" rating and set a $92.84 price target on the stock.in a report on Monday, June 5th. Sandler O'Neill reissued a "hold" rating on shares of Visa in a research note on Wednesday, June 21st. The stock of Visa Inc (NYSE:V) has "Buy" rating given on Friday, July 21 by Instinet. Finally, KeyCorp reaffirmed a "buy" rating and set a $110.00 price target on shares of Visa in a report on Friday, August 25th. Four research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Jefferies Group LLC reiterated a "buy" rating on shares of Visa in a research report on Tuesday, November 15th.
Visa Inc (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments.