Visa Inc. (NYSE:V) Stake Decreased by James Hambro & Partners LLP

James Hambro & Partners LLP decreased its stake in shares of Visa Inc. (NYSE:V - Free Report) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 468,597 shares of the credit-card processor's stock after selling 11,856 shares during the period. Visa comprises 5.8% of James Hambro & Partners LLP's portfolio, making the stock its 4th largest holding. James Hambro & Partners LLP's holdings in Visa were worth $148,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Custom Index Systems LLC purchased a new stake in shares of Visa in the 3rd quarter worth $731,000. Copley Financial Group Inc. purchased a new stake in Visa in the third quarter worth about $616,000. Oak Ridge Investments LLC raised its stake in shares of Visa by 5.9% in the fourth quarter. Oak Ridge Investments LLC now owns 75,456 shares of the credit-card processor's stock worth $23,847,000 after buying an additional 4,198 shares during the period. FORA Capital LLC bought a new position in shares of Visa in the third quarter worth about $7,987,000. Finally, Chicago Capital LLC lifted its position in shares of Visa by 5.2% during the 3rd quarter. Chicago Capital LLC now owns 404,914 shares of the credit-card processor's stock valued at $111,331,000 after buying an additional 20,023 shares in the last quarter. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Visa

In other news, CEO Ryan Mcinerney sold 8,620 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $317.78, for a total transaction of $2,739,263.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Paul D. Fabara sold 2,171 shares of the business's stock in a transaction on 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 sale, the insider now directly owns 17,894 shares of the company's stock, valued at approximately $5,510,815.18. This trade 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 company insiders.

Visa Trading Up 2.2 %

Shares of Visa stock traded up $7.38 during mid-day trading on Thursday, hitting $343.26. The stock had a trading volume of 7,963,976 shares, compared to its average volume of 5,745,500. The firm has a 50-day moving average of $316.43 and a two-hundred day moving average of $292.09. The firm has a market cap of $639.46 billion, a P/E ratio of 35.28, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.55. Visa Inc. has a 12-month low of $252.70 and a 12-month high of $344.44.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, topping 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%. Sell-side analysts forecast that Visa Inc. will post 11.19 earnings per share for the current year.

Analyst Upgrades and Downgrades

V has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Visa from $300.00 to $340.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Robert W. Baird lifted their price target on shares of Visa from $330.00 to $340.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Wells Fargo & Company boosted their price target on shares of Visa from $325.00 to $360.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. Mizuho raised their price objective on Visa from $279.00 to $292.00 and gave the company a "neutral" rating in a research report on Friday, November 1st. Finally, Bank of America boosted their price target on shares of Visa from $314.00 to $331.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $335.52.

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.