RFP Monetary Group LLC bought a brand new stake in shares of Visa Inc. (NYSE:V – Get Ranking) within the fourth quarter, HoldingsChannel.com reviews. The institutional investor bought 4,052 shares of the credit-card processor’s inventory, valued at roughly $842,000.
Different hedge funds have additionally purchased and bought shares of the corporate. BCK Companions Inc. bought a brand new stake in shares of Visa within the first quarter price $2,717,000. Markel Corp boosted its stake in Visa by 0.3% within the 1st quarter. Markel Corp now owns 961,105 shares of the credit-card processor’s inventory price $213,144,000 after buying an extra 3,065 shares within the final quarter. AMI Funding Administration Inc. bought a brand new stake in Visa through the 1st quarter valued at about $2,323,000. Ergoteles LLC purchased a brand new stake in Visa through the 1st quarter valued at about $538,000. Lastly, XTX Topco Ltd purchased a brand new stake in Visa through the 1st quarter valued at about $1,496,000. Institutional buyers personal 81.87% of the corporate’s inventory.
Visa Inventory Efficiency
V opened at $225.46 on Monday. The corporate has a 50 day easy transferring common of $223.58 and a two-hundred day easy transferring common of $209.88. The corporate has a debt-to-equity ratio of 0.59, a present ratio of 1.44 and a fast ratio of 1.44. The agency has a market cap of $424.09 billion, a P/E ratio of 31.53, a PEG ratio of 1.77 and a beta of 0.97. Visa Inc. has a 1-year low of $174.60 and a 1-year excessive of $234.30.
Visa (NYSE:V – Get Ranking) final launched its earnings outcomes on Thursday, January twenty sixth. The credit-card processor reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.17. Visa had a internet margin of fifty.28% and a return on fairness of 49.95%. The corporate had income of $7.90 billion for the quarter, in comparison with analysts’ expectations of $7.70 billion. Throughout the identical quarter within the earlier 12 months, the corporate earned $1.81 EPS. Visa’s income for the quarter was up 11.9% on a year-over-year foundation. Equities analysts forecast that Visa Inc. will publish 8.43 earnings per share for the present fiscal 12 months.
Visa Will increase Dividend
The agency additionally lately disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Stockholders of document on Friday, February tenth have been paid a $0.45 dividend. This can be a constructive change from Visa’s earlier quarterly dividend of $0.40. The ex-dividend date was Thursday, February ninth. This represents a $1.80 dividend on an annualized foundation and a dividend yield of 0.80%. Visa’s dividend payout ratio is 25.17%.
Analyst Scores Adjustments
V has been the subject of a number of analyst reviews. Oppenheimer upped their goal value on shares of Visa from $210.00 to $237.00 and gave the inventory an “outperform” ranking in a analysis observe on Wednesday, January twenty fifth. Jefferies Monetary Group elevated their goal value on Visa from $225.00 to $260.00 and gave the corporate a “purchase” ranking in a analysis observe on Wednesday, January 18th. StockNews.com raised Visa from a “maintain” ranking to a “purchase” ranking in a report on Thursday, March twenty third. Mizuho upped their value goal on Visa from $220.00 to $240.00 and gave the corporate a “impartial” ranking in a report on Monday, January thirtieth. Lastly, BMO Capital Markets lifted their value goal on Visa from $249.00 to $253.00 and gave the inventory an “outperform” ranking in a report on Friday, January twenty seventh. One funding analyst has rated the inventory with a promote ranking, two have issued a maintain ranking and twenty have assigned a purchase ranking to the corporate’s inventory. Based on MarketBeat.com, the corporate at the moment has a mean ranking of “Average Purchase” and a mean value goal of $259.11.
Insider Shopping for and Promoting
In associated information, Chairman Alfred F. Kelly, Jr. bought 58,000 shares of the enterprise’s inventory in a transaction that occurred on Monday, March sixth. The inventory was bought at a mean value of $223.99, for a complete worth of $12,991,420.00. Following the transaction, the chairman now immediately owns 162,354 shares of the corporate’s inventory, valued at roughly $36,365,672.46. The transaction was disclosed in a authorized submitting with the SEC, which will be accessed by way of the SEC web site. In associated information, Chairman Alfred F. Kelly, Jr. bought 58,000 shares of the agency’s inventory in a transaction on Monday, March sixth. The shares have been bought at a mean value of $223.99, for a complete transaction of $12,991,420.00. Following the completion of the transaction, the chairman now immediately owns 162,354 shares of the corporate’s inventory, valued at $36,365,672.46. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by way of this hyperlink. Additionally, Normal Counsel Julie B. Rottenberg bought 13,394 shares of Visa inventory in a transaction on Friday, February twenty fourth. The shares have been bought at a mean value of $219.00, for a complete transaction of $2,933,286.00. Following the completion of the sale, the overall counsel now owns 4,583 shares within the firm, valued at $1,003,677. The disclosure for this sale will be discovered right here. Over the past 90 days, insiders bought 191,312 shares of firm inventory price $33,751,165. 0.22% of the inventory is owned by company insiders.
About Visa
(Get Ranking)
Visa, Inc engages within the provision of digital fee companies. It additionally facilitates international commerce by way of the switch of worth and data amongst a world community of shoppers, retailers, monetary establishments, companies, strategic companions, and authorities entities. It affords debit playing cards, bank cards, pay as you go merchandise, industrial fee options, and international automated teller machines (ATMs).
Additional Studying
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