Visa Inc. (NYSE:V) is Baldwin Wealth Partners LLC MA's 8th Largest Position

Baldwin Wealth Partners LLC MA grew its stake in shares of Visa Inc. (NYSE:V - Free Report) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,920 shares of the credit-card processor's stock after purchasing an additional 3,115 shares during the period. Visa makes up 2.7% of Baldwin Wealth Partners LLC MA's investment portfolio, making the stock its 8th largest holding. Baldwin Wealth Partners LLC MA's holdings in Visa were worth $39,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Foundations Investment Advisors LLC boosted its stake in Visa by 15.4% during the 4th quarter. Foundations Investment Advisors LLC now owns 57,718 shares of the credit-card processor's stock valued at $18,241,000 after purchasing an additional 7,724 shares during the last quarter. tru Independence LLC bought a new position in shares of Visa in the fourth quarter worth approximately $207,000. Parsons Capital Management Inc. RI increased its stake in Visa by 19.9% in the 4th quarter. Parsons Capital Management Inc. RI now owns 49,868 shares of the credit-card processor's stock worth $15,760,000 after buying an additional 8,277 shares in the last quarter. Heirloom Wealth Management raised its stake in Visa by 7.0% during the 4th quarter. Heirloom Wealth Management now owns 73,416 shares of the credit-card processor's stock valued at $23,202,000 after purchasing an additional 4,806 shares during the period. Finally, Mount Yale Investment Advisors LLC grew its stake in Visa by 24.9% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 13,292 shares of the credit-card processor's stock valued at $4,201,000 after acquiring an additional 2,650 shares in the last quarter. Institutional investors own 82.15% of the company's stock.

Visa Stock Performance

NYSE V traded up $7.38 on Thursday, hitting $343.26. 7,963,976 shares of the company's stock traded hands, compared to its average volume of 5,745,500. Visa Inc. has a 1-year low of $252.70 and a 1-year high of $344.44. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $639.46 billion, a PE ratio of 35.28, a P/E/G ratio of 2.17 and a beta of 0.96. The firm's 50-day moving average price is $316.43 and its two-hundred day moving average price is $292.09.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.66 by $0.09. Visa had a return on equity of 53.16% and a net margin of 54.96%. As a group, analysts expect that Visa Inc. will post 11.19 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on V shares. Bank of America boosted their target price on Visa from $314.00 to $331.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 22nd. Susquehanna lifted their target price on Visa from $339.00 to $375.00 and gave the stock a "positive" rating in a research report on Wednesday, December 11th. Seaport Res Ptn raised Visa from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods upped their price target on shares of Visa from $335.00 to $360.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Finally, Mizuho lifted their price objective on shares of Visa from $279.00 to $292.00 and gave the company a "neutral" rating in a report on Friday, November 1st. Four research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Visa has an average rating of "Moderate Buy" and an average target price of $335.52.

Insider Buying and Selling

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

About Visa

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.