Vontobel Holding Ltd. Has $149.94 Million Stock Position in Visa Inc. (NYSE:V)

Vontobel Holding Ltd. raised its stake in shares of Visa Inc. (NYSE:V - Free Report) by 37.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 474,425 shares of the credit-card processor's stock after buying an additional 130,348 shares during the period. Vontobel Holding Ltd.'s holdings in Visa were worth $149,937,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Decker Retirement Planning Inc. acquired a new position in shares of Visa in the 4th quarter worth approximately $26,000. Peterson Financial Group Inc. acquired a new position in shares of Visa in the 3rd quarter worth approximately $26,000. POM Investment Strategies LLC grew its stake in shares of Visa by 48.5% in the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor's stock worth $31,000 after purchasing an additional 32 shares during the last quarter. Modus Advisors LLC acquired a new position in shares of Visa in the 4th quarter worth approximately $32,000. Finally, Reston Wealth Management LLC acquired a new position in shares of Visa in the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 82.15% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on V shares. Citigroup lifted their price objective on shares of Visa from $354.00 to $393.00 and gave the stock a "buy" rating in a research note on Friday, January 31st. Macquarie lifted their price objective on shares of Visa from $300.00 to $335.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th. Barclays lifted 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 reissued an "outperform" rating on shares of Visa in a research report on Friday, January 31st. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Visa from $360.00 to $400.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Four investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $354.73.

Insider Activity at Visa

In related news, insider Paul D. Fabara sold 2,171 shares of Visa stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $307.97, for a total value of $668,602.87. Following the sale, the insider now owns 17,894 shares of the company's stock, valued at approximately $5,510,815.18. This trade represents a 10.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Peter M. Andreski sold 2,332 shares of Visa stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.62, for a total value of $815,313.84. Following the completion of the sale, the chief accounting officer now directly owns 4,488 shares in the company, valued at approximately $1,569,094.56. This represents a 34.19 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 58,056 shares of company stock valued at $19,830,050. 0.13% of the stock is owned by insiders.

Visa Price Performance

Shares of NYSE:V traded down $1.78 on Wednesday, hitting $354.95. The stock had a trading volume of 4,147,435 shares, compared to its average volume of 5,719,482. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $357.15. 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 $659.42 billion, a price-to-earnings ratio of 35.78, a price-to-earnings-growth ratio of 2.35 and a beta of 0.97. The firm's 50 day moving average price is $326.92 and its 200-day moving average price is $300.67.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, beating 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, equities research analysts predict that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Announces Dividend

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

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.