Visa Inc. $V Stock Holdings Decreased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Visa Inc. (NYSE:V) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,176,554 shares of the credit-card processor’s stock after selling 23,319 shares during the quarter. Visa accounts for 1.2% of Universal Beteiligungs und Servicegesellschaft mbH’s investment portfolio, making the stock its 10th biggest holding. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Visa were worth $764,441,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of V. Clayton Financial Group LLC boosted its stake in shares of Visa by 446.2% in the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after buying an additional 58 shares in the last quarter. PayPay Securities Corp boosted its stake in shares of Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after buying an additional 38 shares in the last quarter. Parvin Asset Management LLC boosted its stake in shares of Visa by 200.0% in the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after buying an additional 50 shares in the last quarter. Dorato Capital Management acquired a new position in Visa during the fourth quarter worth $30,000. Finally, Imprint Wealth LLC acquired a new position in Visa during the third quarter worth $39,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Visa news, Director Lloyd Carney sold 650 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the sale, the director directly owned 2,679 shares in the company, valued at $829,471.98. This represents a 19.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.12% of the stock is owned by corporate insiders.

Visa Stock Performance

Visa stock opened at $308.81 on Friday. The firm has a market capitalization of $560.53 billion, a P/E ratio of 28.97, a PEG ratio of 1.79 and a beta of 0.80. The stock has a fifty day moving average price of $309.97 and a 200 day moving average price of $328.44. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $375.51. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.51.

Visa (NYSE:V) last announced its quarterly earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share for the quarter, beating analysts’ consensus estimates of $3.14 by $0.03. The company had revenue of $10.90 billion for the quarter, compared to analyst estimates of $10.69 billion. Visa had a net margin of 50.23% and a return on equity of 61.74%. Visa’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the business earned $2.75 EPS. Equities research analysts anticipate that Visa Inc. will post 12.84 earnings per share for the current year.

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, February 10th. This represents a $2.68 annualized dividend and a yield of 0.9%. Visa’s dividend payout ratio is currently 25.14%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on V shares. Freedom Capital raised Visa from a “hold” rating to a “strong-buy” rating in a report on Monday, February 16th. Citigroup reduced their price objective on Visa from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Truist Financial set a $372.00 price objective on Visa in a report on Tuesday, February 10th. Bank of America started coverage on Visa in a report on Thursday, March 5th. They set a “buy” rating and a $410.00 price objective for the company. Finally, Piper Sandler set a $160.00 price objective on Visa in a report on Wednesday, January 28th. Seven investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $388.25.

About Visa

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.