Livforsakringsbolaget Skandia Omsesidigt Acquires 7,700 Shares of Visa Inc. $V

Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Visa Inc. (NYSE:V) by 8.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,757 shares of the credit-card processor’s stock after buying an additional 7,700 shares during the period. Visa accounts for about 1.2% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio, making the stock its 17th biggest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Visa were worth $29,235,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Northstar Financial Companies Inc. increased its holdings in shares of Visa by 2.9% during the 1st quarter. Northstar Financial Companies Inc. now owns 25,626 shares of the credit-card processor’s stock worth $7,745,000 after acquiring an additional 723 shares during the last quarter. Mandatum Life Insurance Co Ltd lifted its holdings in Visa by 1.2% during the 1st quarter. Mandatum Life Insurance Co Ltd now owns 18,551 shares of the credit-card processor’s stock valued at $5,607,000 after purchasing an additional 219 shares during the last quarter. Meridian Management Co. lifted its holdings in Visa by 2.2% during the 1st quarter. Meridian Management Co. now owns 14,644 shares of the credit-card processor’s stock valued at $4,426,000 after purchasing an additional 318 shares during the last quarter. Katamaran Capital LLP boosted its position in Visa by 91.9% during the first quarter. Katamaran Capital LLP now owns 45,555 shares of the credit-card processor’s stock worth $13,769,000 after purchasing an additional 21,813 shares during the period. Finally, Zweig DiMenna Associates LLC boosted its position in Visa by 20.4% during the first quarter. Zweig DiMenna Associates LLC now owns 66,700 shares of the credit-card processor’s stock worth $20,159,000 after purchasing an additional 11,303 shares during the period. 82.15% of the stock is currently owned by institutional investors.

Visa Trading Down 0.4%

Shares of V stock opened at $356.29 on Wednesday. The stock has a market cap of $639.10 billion, a P/E ratio of 31.04, a price-to-earnings-growth ratio of 1.91 and a beta of 0.75. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $365.02. 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 50 day simple moving average of $332.02 and a 200 day simple moving average of $324.89.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.21. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The company’s revenue was up 17.1% on a year-over-year basis. During the same quarter last year, the company earned $2.76 EPS. On average, research analysts predict that Visa Inc. will post 13.1 earnings per share for the current fiscal year.

Visa Announces Dividend

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

Visa announced that its board has initiated a stock buyback program on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have commented on V shares. Evercore set a $350.00 price objective on shares of Visa in a report on Wednesday, April 29th. BMO Capital Markets started coverage on shares of Visa in a research note on Tuesday, April 21st. They set an “outperform” rating and a $365.00 target price for the company. Piper Sandler began coverage on shares of Visa in a report on Monday, June 29th. They set an “overweight” rating and a $394.00 target price for the company. Truist Financial set a $371.00 price target on shares of Visa and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings raised shares of Visa from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 6th. Seven equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $397.91.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a strategic partnership with ACE Money Transfer to expand its cross-border remittance business, which could deepen transaction volume in its global money movement network and support future revenue growth.
• Positive Sentiment: Visa is preparing to launch an AI Financial Assistant for banking apps, with pilots expected soon in the U.S.; this could enhance customer engagement and give financial institutions a new value-added tool built on Visa’s platform.
• Positive Sentiment: Visa’s inclusion alongside Mastercard and Google in the x402 Foundation underscores its relevance in emerging AI payments infrastructure, suggesting the company is positioning itself for agent-driven commerce and new payment rails. Ripple Is Now a Premier Member of the x402 Foundation, Alongside Visa and Mastercard
• Neutral Sentiment: Visa is attracting heavy investor attention and multiple media write-ups today, which may be amplifying trading interest, but these mentions do not add much new fundamental information on their own.
• Negative Sentiment: Some articles raise long-term disruption concerns around AI agents and new payment rails, which could create uncertainty about how quickly Visa will adapt if alternative transaction systems gain traction.

Insider Activity at Visa

In related news, General Counsel Julie B. Rottenberg sold 2,027 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total transaction of $729,720.00. Following the completion of the sale, the general counsel owned 18,404 shares of the company’s stock, valued at $6,625,440. This represents a 9.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 15,174 shares in the company, valued at $5,161,284.36. The trade was a 67.46% decrease in their ownership of the stock. 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 sold a total of 75,581 shares of company stock valued at $25,627,975 over the last quarter. 0.12% of the stock is owned by corporate insiders.

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.