Rothschild Capital Partners LLC Boosts Holdings in Visa Inc. (NYSE:V)

Rothschild Capital Partners LLC grew its stake in shares of Visa Inc. (NYSE:V - Free Report) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,365 shares of the credit-card processor's stock after purchasing an additional 4,082 shares during the quarter. Visa makes up approximately 3.2% of Rothschild Capital Partners LLC's portfolio, making the stock its 12th biggest position. Rothschild Capital Partners LLC's holdings in Visa were worth $13,073,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Riverstone Advisors LLC purchased a new position in Visa during the 4th quarter valued at about $217,000. Journey Strategic Wealth LLC lifted its stake in Visa by 16.4% during the 4th quarter. Journey Strategic Wealth LLC now owns 9,678 shares of the credit-card processor's stock valued at $3,058,000 after acquiring an additional 1,361 shares during the period. King Wealth Management Group lifted its position in Visa by 9.0% during the fourth quarter. King Wealth Management Group now owns 74,874 shares of the credit-card processor's stock valued at $23,663,000 after purchasing an additional 6,172 shares during the period. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Visa in the 4th quarter worth $10,163,000. Finally, Copley Financial Group Inc. bought a new stake in shares of Visa during the 3rd quarter valued at about $616,000. Institutional investors own 82.15% of the company's stock.

Insider Buying and Selling

In other news, insider Paul D. Fabara sold 39,350 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were 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 owns 26,413 shares of the company's stock, valued at approximately $8,642,333.60. This represents a 59.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tullier Kelly Mahon sold 33,741 shares of Visa stock in a transaction that occurred 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 transaction, the insider now directly owns 36,566 shares in the company, valued at approximately $12,789,689.82. The trade was a 47.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 143,205 shares of company stock valued at $48,842,490 over the last three months. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on V shares. Citigroup restated a "neutral" rating on shares of Visa in a research note on Thursday, February 13th. Barclays upped their target price 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. William Blair restated an "outperform" rating on shares of Visa in a report on Friday, January 31st. Raymond James reissued an "outperform" rating and issued a $393.00 price objective (up from $374.00) on shares of Visa in a research note on Friday, January 31st. Finally, Piper Sandler restated an "overweight" rating and set a $383.00 target price (up from $368.00) on shares of Visa in a research report on Friday, January 31st. Seven investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Visa presently has an average rating of "Moderate Buy" and an average target price of $358.17.

Visa Trading Down 0.1 %

Visa stock traded down $0.21 during trading hours 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 has a market cap of $623.28 billion, a P/E ratio of 33.82, a P/E/G ratio of 2.33 and a beta of 0.94. The company has a 50-day moving average price of $338.42 and a two-hundred day moving average price of $322.66. Visa Inc. has a 1 year low of $252.70 and a 1 year high of $366.54. 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 (NYSE:V - Get Free Report) last announced its quarterly earnings data 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%. On average, sell-side analysts anticipate that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Dividend Announcement

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