Visa Inc. (NYSE:V) is Builder Investment Group Inc. ADV’s 7th Largest Position

Builder Investment Group Inc. ADV cut its stake in Visa Inc. (NYSE:VFree Report) by 0.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,653 shares of the credit-card processor’s stock after selling 100 shares during the period. Visa comprises approximately 2.7% of Builder Investment Group Inc. ADV’s portfolio, making the stock its 7th largest position. Builder Investment Group Inc. ADV’s holdings in Visa were worth $7,460,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in V. BCK Partners Inc. bought a new stake in Visa in the first quarter worth $2,717,000. Markel Corp lifted its stake in Visa by 0.3% in the first quarter. Markel Corp now owns 961,105 shares of the credit-card processor’s stock worth $213,144,000 after purchasing an additional 3,065 shares during the last quarter. AMI Investment Management Inc. bought a new stake in Visa in the first quarter worth $2,323,000. Ergoteles LLC bought a new stake in Visa in the first quarter worth $538,000. Finally, XTX Topco Ltd bought a new stake in Visa in the first quarter worth $1,496,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Visa Price Performance

Shares of NYSE V opened at $278.55 on Wednesday. Visa Inc. has a fifty-two week low of $216.14 and a fifty-two week high of $290.96. The company has a 50 day simple moving average of $279.62 and a two-hundred day simple moving average of $259.44. The company has a market capitalization of $511.56 billion, a price-to-earnings ratio of 32.05, a P/E/G ratio of 1.92 and a beta of 0.96. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.45 and a current ratio of 1.45.

Visa (NYSE:VGet Free Report) last announced its earnings results on Thursday, January 25th. The credit-card processor reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.34 by $0.07. Visa had a net margin of 53.92% and a return on equity of 50.02%. The business had revenue of $8.63 billion during the quarter, compared to the consensus estimate of $8.55 billion. During the same quarter last year, the firm earned $2.18 earnings per share. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. Analysts expect that Visa Inc. will post 9.89 EPS for the current fiscal year.

Visa Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 9th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend was Thursday, February 8th. Visa’s dividend payout ratio (DPR) is currently 23.94%.

Insider Activity at Visa

In related news, CAO Peter M. Andreski sold 2,615 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $278.88, for a total transaction of $729,271.20. Following the completion of the sale, the chief accounting officer now owns 4,898 shares of the company’s stock, valued at $1,365,954.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Visa news, CEO Ryan Mcinerney sold 8,150 shares of Visa stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $273.39, for a total value of $2,228,128.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Peter M. Andreski sold 2,615 shares of Visa stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $278.88, for a total transaction of $729,271.20. Following the completion of the sale, the chief accounting officer now directly owns 4,898 shares of the company’s stock, valued at approximately $1,365,954.24. The disclosure for this sale can be found here. Insiders sold 55,511 shares of company stock valued at $15,131,081 over the last 90 days. Corporate insiders own 0.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on V. William Blair reissued an “outperform” rating on shares of Visa in a research note on Friday, January 26th. Redburn Atlantic reiterated a “neutral” rating and set a $307.00 target price on shares of Visa in a report on Wednesday, March 27th. Barclays increased their target price on shares of Visa from $304.00 to $319.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Citigroup increased their target price on shares of Visa from $296.00 to $306.00 and gave the stock a “buy” rating in a report on Thursday, January 18th. Finally, KeyCorp increased their target price on shares of Visa from $275.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, January 8th. Five analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $295.82.

Check Out Our Latest Report on V

Visa Company Profile

(Free Report)

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

Featured Stories

Institutional Ownership by Quarter for Visa (NYSE:V)

Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.