Baader Bank Aktiengesellschaft Grows Stock Holdings in Visa Inc. (NYSE:V)

Baader Bank Aktiengesellschaft grew its stake in Visa Inc. (NYSE:V - Free Report) by 2.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,894 shares of the credit-card processor's stock after buying an additional 939 shares during the period. Visa makes up about 0.7% of Baader Bank Aktiengesellschaft's holdings, making the stock its 15th biggest holding. Baader Bank Aktiengesellschaft's holdings in Visa were worth $11,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in V. Czech National Bank boosted its stake in shares of Visa by 13.4% in the 3rd quarter. Czech National Bank now owns 340,238 shares of the credit-card processor's stock valued at $93,548,000 after purchasing an additional 40,268 shares in the last quarter. Unique Wealth LLC lifted its stake in Visa by 16.7% in the third quarter. Unique Wealth LLC now owns 8,170 shares of the credit-card processor's stock worth $2,246,000 after purchasing an additional 1,171 shares during the last quarter. SG Americas Securities LLC boosted its position in Visa by 4,412.3% during the third quarter. SG Americas Securities LLC now owns 4,072,467 shares of the credit-card processor's stock valued at $1,119,725,000 after buying an additional 4,166,905 shares during the period. Farmers Trust Co. boosted its position in Visa by 0.6% during the third quarter. Farmers Trust Co. now owns 25,773 shares of the credit-card processor's stock valued at $7,086,000 after buying an additional 154 shares during the period. Finally, Delta Financial Group Inc. grew its stake in shares of Visa by 1.3% during the third quarter. Delta Financial Group Inc. now owns 7,673 shares of the credit-card processor's stock valued at $2,110,000 after buying an additional 99 shares during the last quarter. Institutional investors own 82.15% of the company's stock.

Insiders Place Their Bets

In other news, insider Paul D. Fabara sold 2,171 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $307.97, for a total transaction of $668,602.87. Following the transaction, the insider now directly owns 17,894 shares of the company's stock, valued at $5,510,815.18. This represents a 10.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Ryan Mcinerney sold 8,620 shares of Visa stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $317.78, for a total value of $2,739,263.60. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company's stock.

Visa Stock Down 0.3 %

Shares of V stock traded down $1.00 during trading hours on Friday, hitting $342.05. 8,623,980 shares of the company's stock traded hands, compared to its average volume of 5,066,612. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.55. The stock's fifty day simple moving average is $317.74 and its two-hundred day simple moving average is $292.96. Visa Inc. has a 12-month low of $252.70 and a 12-month high of $351.25. The stock has a market cap of $637.19 billion, a price-to-earnings ratio of 35.15, a PEG ratio of 2.27 and a beta of 0.96.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, beating analysts' consensus estimates of $2.66 by $0.09. Visa had a net margin of 54.96% and a return on equity of 53.16%. On average, analysts expect that Visa Inc. will post 11.18 EPS for the current year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $2.36 annualized dividend and a yield of 0.69%. Visa's dividend payout ratio is 24.25%.

Analyst Ratings Changes

V has been the subject of several analyst reports. UBS Group increased their target price on Visa from $350.00 to $400.00 and gave the company a "buy" rating in a report on Friday. Raymond James reissued an "outperform" rating and set a $393.00 price objective (up previously from $374.00) on shares of Visa in a research note on Friday. Bank of America upped their price target on shares of Visa from $331.00 to $363.00 and gave the company a "neutral" rating in a report on Friday. Keefe, Bruyette & Woods raised their price target on shares of Visa from $360.00 to $400.00 and gave the stock an "outperform" rating in a report on Friday. Finally, William Blair restated an "outperform" rating on shares of Visa in a research report on Friday. Four equities research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Visa currently has a consensus rating of "Moderate Buy" and a consensus target price of $352.27.

Visa Company Profile

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.