92,284 Shares in Visa Inc. (NYSE:V) Purchased by Life Planning Partners Inc

Life Planning Partners Inc acquired a new position in shares of Visa Inc. (NYSE:V - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 92,284 shares of the credit-card processor's stock, valued at approximately $292,000.

Several other large investors also recently made changes to their positions in V. Peterson Financial Group Inc. bought a new position in Visa in the third quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in Visa in the fourth quarter valued at $26,000. Reston Wealth Management LLC acquired a new stake in Visa in the third quarter valued at $31,000. POM Investment Strategies LLC lifted its stake in Visa by 48.5% in the fourth quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock valued at $31,000 after acquiring an additional 32 shares during the last quarter. Finally, Modus Advisors LLC acquired a new stake in Visa in the fourth quarter valued at $32,000. Institutional investors own 82.15% of the company's stock.

Insider Transactions at Visa

In other Visa news, insider Tullier Kelly Mahon sold 33,741 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $349.77, for a total transaction of $11,801,589.57. Following the completion of the sale, the insider now owns 36,566 shares in the company, valued at approximately $12,789,689.82. The trade was a 47.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paul D. Fabara sold 2,171 shares of the company's 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 completion of the sale, the insider now owns 17,894 shares of the company's stock, valued at approximately $5,510,815.18. The trade was a 10.82 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,056 shares of company stock worth $19,830,050. Company insiders own 0.13% of the company's stock.

Visa Trading Down 0.5 %

NYSE:V traded down $1.78 during mid-day trading on Wednesday, hitting $354.95. 4,147,435 shares of the company's stock were exchanged, compared to its average volume of 5,719,482. The company has a 50 day simple moving average of $326.92 and a 200-day simple moving average of $300.67. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.45. Visa Inc. has a fifty-two week low of $252.70 and a fifty-two week high of $357.15. The firm has a market capitalization of $659.42 billion, a P/E ratio of 35.78, a PEG ratio of 2.35 and a beta of 0.97.

Visa (NYSE:V - Get Free Report) last posted its earnings results on Thursday, January 30th. The credit-card processor reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. Visa had a net margin of 54.27% and a return on equity of 54.79%. As a group, research analysts expect that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 11th will be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.66%. Visa's dividend payout ratio (DPR) is currently 23.79%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on V. William Blair reiterated an "outperform" rating on shares of Visa in a research note on Friday, January 31st. Mizuho increased their price target on shares of Visa from $279.00 to $292.00 and gave the company a "neutral" rating in a research note on Friday, November 1st. BMO Capital Markets raised their target price on shares of Visa from $310.00 to $320.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Visa from $300.00 to $340.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Finally, Oppenheimer raised their target price on shares of Visa from $375.00 to $390.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $354.73.

Visa 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.