Visa Inc. (NYSE:V) Stock Holdings Boosted by ROI Financial Advisors LLC

ROI Financial Advisors LLC lifted its position in shares of Visa Inc. (NYSE:V) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,277 shares of the credit-card processor’s stock after purchasing an additional 355 shares during the period. Visa comprises about 3.9% of ROI Financial Advisors LLC’s holdings, making the stock its 9th largest position. ROI Financial Advisors LLC’s holdings in Visa were worth $5,776,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in V. Decker Retirement Planning Inc. acquired a new stake in shares of Visa during the fourth quarter worth $26,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in Visa during the fourth quarter worth about $27,000. POM Investment Strategies LLC grew its holdings 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 acquiring an additional 32 shares during the period. Modus Advisors LLC acquired a new stake in Visa in the fourth quarter valued at $32,000. Finally, Compass Planning Associates Inc purchased a new position in Visa during the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Insider Activity at Visa

In other Visa news, General Counsel Julie B. Rottenberg sold 2,572 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $340.00, for a total value of $874,480.00. Following the transaction, the general counsel now owns 11,925 shares in the company, valued at $4,054,500. The trade was a 17.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ryan Mcinerney sold 8,620 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $340.00, for a total value of $2,930,800.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 143,205 shares of company stock worth $48,842,490. 0.13% of the stock is owned by corporate insiders.

Visa Stock Down 7.6 %

Shares of Visa stock opened at $313.46 on Friday. The business’s fifty day moving average price is $345.02 and its two-hundred day moving average price is $316.89. The company has a market capitalization of $582.34 billion, a P/E ratio of 31.60, a PEG ratio of 2.33 and a beta of 0.94. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.12 and a quick ratio of 1.12. Visa Inc. has a 1-year low of $252.70 and a 1-year high of $366.54.

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

Visa Announces Dividend

The company 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. This represents a $2.36 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date was Tuesday, February 11th. Visa’s dividend payout ratio is presently 23.79%.

Analysts Set New Price Targets

V has been the subject of a number of analyst reports. Bank of America boosted their price target on Visa from $331.00 to $363.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. William Blair restated an “outperform” rating on shares of Visa in a report on Friday, January 31st. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Visa in a research report on Thursday, February 13th. Oppenheimer restated an “outperform” rating on shares of Visa in a research note on Thursday, February 13th. Finally, StockNews.com raised shares of Visa from a “hold” rating to a “buy” rating in a research note on Friday, March 28th. Five analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $355.84.

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.