Visa Inc. (NYSE:V) is Aquatic Capital Management LLC's 8th Largest Position

Aquatic Capital Management LLC decreased its stake in Visa Inc. (NYSE:V - Free Report) by 16.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 116,629 shares of the credit-card processor's stock after selling 23,531 shares during the quarter. Visa comprises 1.0% of Aquatic Capital Management LLC's portfolio, making the stock its 8th biggest holding. Aquatic Capital Management LLC's holdings in Visa were worth $36,859,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in Visa in the 4th quarter worth approximately $26,000. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of Visa during the 4th quarter valued at about $27,000. POM Investment Strategies LLC increased its position in shares of 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 buying an additional 32 shares in the last quarter. Modus Advisors LLC purchased a new position in Visa during the fourth quarter valued at $32,000. Finally, Compass Planning Associates Inc purchased a new stake in Visa during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 82.15% of the company's stock.

Visa Price Performance

V traded down $0.21 during midday trading on Friday, hitting $335.50. The company had a trading volume of 4,451,694 shares, compared to its average volume of 7,211,210. The firm's 50-day simple moving average is $338.42 and its 200-day simple moving average is $322.98. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market capitalization of $623.28 billion, a PE ratio of 33.82, a P/E/G ratio of 2.33 and a beta of 0.94. Visa Inc. has a twelve month low of $252.70 and a twelve month 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, topping the consensus estimate of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. Equities research analysts predict that Visa Inc. will post 11.3 EPS for the current fiscal year.

Visa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 dividend yield of 0.70%. Visa's dividend payout ratio is currently 23.79%.

Analyst Ratings Changes

Several brokerages have issued reports on V. Bank of America upped their target price on Visa from $331.00 to $363.00 and gave the company a "neutral" rating in a report on Friday, January 31st. Barclays raised their price objective on shares of Visa from $361.00 to $396.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Oppenheimer restated an "outperform" rating on shares of Visa in a report on Thursday, February 13th. Citigroup reiterated a "neutral" rating on shares of Visa in a report on Thursday, February 13th. Finally, Raymond James restated an "outperform" rating and issued a $393.00 target price (up previously from $374.00) on shares of Visa in a research report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Visa currently has an average rating of "Moderate Buy" and a consensus target price of $358.17.

Insiders Place Their Bets

In related news, insider Paul D. Fabara sold 39,350 shares of the firm's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $327.20, for a total transaction of $12,875,320.00. Following the completion of the transaction, the insider now directly owns 26,413 shares of the company's stock, valued at $8,642,333.60. This trade represents a 59.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,572 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $340.00, for a total transaction of $874,480.00. Following the sale, 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 have sold 143,205 shares of company stock valued at $48,842,490 in the last three months. 0.13% of the stock is currently owned by corporate insiders.

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.