Capital Analysts LLC Has $15.40 Million Stock Holdings in Visa Inc. (NYSE:V)

Capital Analysts LLC increased its stake in Visa Inc. (NYSE:V - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,741 shares of the credit-card processor's stock after buying an additional 1,197 shares during the period. Capital Analysts LLC's holdings in Visa were worth $15,404,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new position in shares of Visa during the fourth quarter worth approximately $26,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in Visa in the 4th quarter worth approximately $27,000. POM Investment Strategies LLC grew its holdings in shares of Visa by 48.5% during the 4th 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 in the last quarter. Modus Advisors LLC acquired a new position in shares of Visa in the fourth quarter worth $32,000. Finally, Compass Planning Associates Inc purchased a new stake in shares of Visa during the fourth quarter worth $32,000. 82.15% of the stock is currently owned by institutional investors.

Visa Stock Performance

Shares of NYSE:V traded down $0.21 on Friday, hitting $335.50. 4,451,694 shares of the company were exchanged, compared to its average volume of 7,211,210. The company's 50 day moving average price is $338.42 and its two-hundred day moving average price is $322.98. The firm has a market capitalization of $623.28 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 2.33 and a beta of 0.94. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.12 and a current ratio of 1.12. Visa Inc. has a one year low of $252.70 and a one year high of $366.54.

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 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%. Research analysts expect that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 11th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, February 11th. This represents a $2.36 annualized dividend and a yield of 0.70%. Visa's dividend payout ratio is currently 23.79%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on V shares. Susquehanna reaffirmed a "positive" rating on shares of Visa in a research note on Friday, March 21st. Barclays raised their price objective on shares of Visa from $361.00 to $396.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. William Blair reissued an "outperform" rating on shares of Visa in a research report on Friday, January 31st. JPMorgan Chase & Co. increased their price target on shares of Visa from $340.00 to $375.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Evercore ISI initiated coverage on shares of Visa in a research note on Wednesday, April 9th. They issued an "in-line" rating and a $330.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $358.17.

Insider Buying and Selling

In other Visa news, insider Tullier Kelly Mahon sold 33,741 shares of the company's stock in a transaction dated 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 transaction, the insider now directly owns 36,566 shares in the company, valued at approximately $12,789,689.82. This represents a 47.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,572 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $340.00, for a total transaction of $874,480.00. Following the completion of the transaction, the general counsel now directly owns 11,925 shares in the company, valued at $4,054,500. This trade represents a 17.74 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 143,205 shares of company stock worth $48,842,490 in the last quarter. 0.13% of the stock is owned by corporate 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.