Legacy Private Trust Co.出售的Visa Inc.(纽约证券交易所代码:V)股票

Legacy Private Trust Co.出售的Visa Inc.(纽约证券交易所代码:V)股票
2023年03月28日 16:53 富途牛牛综合

Legacy Private Trust Co. decreased its holdings in shares of Visa Inc. (NYSE:V – Get Rating) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,322 shares of the credit-card processor's stock after selling 286 shares during the quarter. Legacy Private Trust Co.'s holdings in Visa were worth $1,729,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in V. Vanguard Group Inc. boosted its position in shares of Visa by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 145,236,910 shares of the credit-card processor's stock worth $25,801,337,000 after purchasing an additional 912,545 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Visa by 0.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 51,261,821 shares of the credit-card processor's stock valued at $10,092,940,000 after buying an additional 200,057 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Visa by 7.0% in the 3rd quarter. Alliancebernstein L.P. now owns 27,141,800 shares of the credit-card processor's stock valued at $4,821,741,000 after buying an additional 1,785,695 shares during the period. Jennison Associates LLC lifted its stake in Visa by 0.6% during the 3rd quarter. Jennison Associates LLC now owns 13,270,127 shares of the credit-card processor's stock worth $2,357,438,000 after acquiring an additional 77,186 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in Visa by 3.0% during the 3rd quarter. Royal Bank of Canada now owns 13,157,577 shares of the credit-card processor's stock valued at $2,337,444,000 after acquiring an additional 383,335 shares during the period. Hedge funds and other institutional investors own 81.87% of the company's stock.

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Visa Stock Performance

Visa stock opened at $221.81 on Tuesday. Visa Inc. has a fifty-two week low of $174.60 and a fifty-two week high of $234.30. The company has a market capitalization of $417.22 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 1.73 and a beta of 0.97. The stock has a fifty day moving average of $223.50 and a two-hundred day moving average of $209.31. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.44 and a current ratio of 1.44.

Visa (NYSE:V – Get Rating) last released its quarterly earnings results on Thursday, January 26th. The credit-card processor reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.17. The company had revenue of $7.90 billion for the quarter, compared to analysts' expectations of $7.70 billion. Visa had a net margin of 50.28% and a return on equity of 49.95%. The firm's revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the company earned $1.81 EPS. On average, analysts anticipate that Visa Inc. will post 8.43 EPS for the current fiscal year.

Visa Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 1st. Shareholders of record on Friday, February 10th were issued a $0.45 dividend. This is a boost from Visa's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Thursday, February 9th. This represents a $1.80 annualized dividend and a yield of 0.81%. Visa's payout ratio is 25.17%.

Insider Activity

In other Visa news, President Ryan Mcinerney sold 58,197 shares of the stock in a transaction that occurred on Monday, January 9th. The shares were sold at an average price of $62.47, for a total transaction of $3,635,566.59. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Visa news, President Ryan Mcinerney sold 58,197 shares of the company's stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $62.47, for a total transaction of $3,635,566.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Alfred F. Kelly, Jr. sold 58,000 shares of Visa stock in a transaction dated Monday, March 6th. The shares were sold at an average price of $223.99, for a total value of $12,991,420.00. Following the completion of the transaction, the chairman now directly owns 162,354 shares in the company, valued at $36,365,672.46. The disclosure for this sale can be found here. Insiders sold a total of 191,312 shares of company stock valued at $33,751,165 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

V has been the subject of several recent research reports. Wells Fargo & Company raised their price target on shares of Visa from $250.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, January 27th. Raymond James upped their price target on Visa from $261.00 to $281.00 and gave the stock an "outperform" rating in a report on Friday, January 27th. Jefferies Financial Group lifted their price objective on Visa from $225.00 to $260.00 and gave the company a "buy" rating in a research note on Wednesday, January 18th. Mizuho upped their target price on shares of Visa from $220.00 to $240.00 and gave the stock a "neutral" rating in a research note on Monday, January 30th. Finally, UBS Group decreased their price target on shares of Visa from $290.00 to $287.00 and set a "buy" rating for the company in a research note on Thursday, December 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty have issued a buy rating to the stock. According to MarketBeat, Visa presently has an average rating of "Moderate Buy" and an average price target of $259.11.

Visa Company Profile

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Visa, Inc engages in the provision of digital payment services. It also facilitates global commerce through the transfer of value and information among a global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit cards, credit cards, prepaid products, commercial payment solutions, and global automated teller machines (ATMs).

Read More

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