Visa Inc. (NYSE:V) Shares Acquired by Tradewinds LLC.

Tradewinds LLC. boosted its holdings in Visa Inc. (NYSE:V - Free Report) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,508 shares of the credit-card processor's stock after purchasing an additional 1,038 shares during the quarter. Visa comprises approximately 2.5% of Tradewinds LLC.'s portfolio, making the stock its 9th biggest position. Tradewinds LLC.'s holdings in Visa were worth $8,918,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in V. Decker Retirement Planning Inc. purchased a new position in Visa during the 4th quarter worth approximately $26,000. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of Visa in the 4th quarter valued at $27,000. POM Investment Strategies LLC raised its position in Visa by 48.5% in the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock valued at $31,000 after purchasing an additional 32 shares during the last quarter. Modus Advisors LLC purchased a new stake in Visa in the 4th quarter valued at $32,000. Finally, Compass Planning Associates Inc acquired a new stake in Visa during the 4th quarter worth $32,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Ryan Mcinerney sold 8,620 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $363.00, for a total transaction of $3,129,060.00. Following the transaction, the chief executive officer now directly owns 537 shares in the company, valued at approximately $194,931. This represents a 94.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Paul D. Fabara sold 39,350 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $327.20, for a total value of $12,875,320.00. Following the completion of the sale, the insider now directly owns 26,413 shares in the company, valued at approximately $8,642,333.60. The trade was a 59.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 134,585 shares of company stock worth $45,821,697. 0.13% of the stock is owned by corporate insiders.

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Analyst Upgrades and Downgrades

A number of research analysts have commented on V shares. Citigroup restated a "neutral" rating on shares of Visa in a research note on Thursday, February 13th. Raymond James restated an "outperform" rating and issued a $393.00 price target (up previously from $374.00) on shares of Visa in a research report on Friday, January 31st. Barclays increased their price objective on Visa from $361.00 to $396.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Piper Sandler reissued an "overweight" rating and issued a $383.00 target price (up previously from $368.00) on shares of Visa in a report on Friday, January 31st. Finally, UBS Group increased their price target on Visa from $350.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, January 31st. Five research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $355.84.

Visa Price Performance

Shares of V stock traded down $6.92 during trading hours on Thursday, hitting $339.41. The company's stock had a trading volume of 6,076,378 shares, compared to its average volume of 7,153,372. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.45. The business has a fifty day moving average of $345.14 and a 200-day moving average of $316.58. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $366.54. The stock has a market cap of $630.55 billion, a price-to-earnings ratio of 34.25, a P/E/G ratio of 2.33 and a beta of 0.94.

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

Visa Announces Dividend

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

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.