Rothschild & Co Wealth Management UK Ltd Has $13.80 Million Stock Position in Visa Inc. (NYSE:V)

Rothschild & Co Wealth Management UK Ltd grew its stake in shares of Visa Inc. (NYSE:V) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,014 shares of the credit-card processor’s stock after purchasing an additional 1,627 shares during the quarter. Visa comprises about 0.2% of Rothschild & Co Wealth Management UK Ltd’s portfolio, making the stock its 15th biggest holding. Rothschild & Co Wealth Management UK Ltd’s holdings in Visa were worth $13,802,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Duncker Streett & Co. Inc. increased its holdings in shares of Visa by 2.0% during the 4th quarter. Duncker Streett & Co. Inc. now owns 12,435 shares of the credit-card processor’s stock worth $3,237,000 after acquiring an additional 245 shares during the last quarter. Scissortail Wealth Management LLC increased its holdings in shares of Visa by 150.5% during the 4th quarter. Scissortail Wealth Management LLC now owns 4,715 shares of the credit-card processor’s stock worth $1,290,000 after acquiring an additional 2,833 shares during the last quarter. First Interstate Bank increased its holdings in shares of Visa by 3.6% during the 4th quarter. First Interstate Bank now owns 4,302 shares of the credit-card processor’s stock worth $1,120,000 after acquiring an additional 148 shares during the last quarter. Tyche Wealth Partners LLC acquired a new position in shares of Visa during the 4th quarter worth approximately $6,855,000. Finally, Arbor Trust Wealth Advisors LLC increased its holdings in shares of Visa by 1.3% during the 4th quarter. Arbor Trust Wealth Advisors LLC now owns 10,404 shares of the credit-card processor’s stock worth $2,709,000 after acquiring an additional 135 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wells Fargo & Company boosted their price target on Visa from $300.00 to $325.00 and gave the company an “overweight” rating in a research note on Wednesday, March 6th. TD Cowen assumed coverage on Visa in a research note on Thursday, April 11th. They issued a “buy” rating and a $320.00 price target for the company. Barclays boosted their price target on Visa from $304.00 to $319.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Evercore ISI boosted their price target on Visa from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Tuesday, March 26th. Finally, Keefe, Bruyette & Woods boosted their price target on Visa from $305.00 to $315.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Five analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $298.43.

Visa Price Performance

Visa stock opened at $271.37 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.45 and a current ratio of 1.45. Visa Inc. has a 52 week low of $216.14 and a 52 week high of $290.96. The stock has a market capitalization of $498.37 billion, a P/E ratio of 31.23, a price-to-earnings-growth ratio of 1.88 and a beta of 0.96. The stock has a fifty day moving average of $279.71 and a 200-day moving average of $262.62.

Visa (NYSE:V) last posted its quarterly earnings results on Thursday, January 25th. The credit-card processor reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.07. Visa had a return on equity of 50.02% and a net margin of 53.92%. The company had revenue of $8.63 billion during the quarter, compared to analysts’ expectations of $8.55 billion. During the same quarter in the previous year, the firm earned $2.18 EPS. Visa’s revenue was up 9.3% on a year-over-year basis. On average, sell-side analysts expect that Visa Inc. will post 9.88 earnings per share for the current fiscal year.

Visa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 9th were issued a dividend of $0.52 per share. The ex-dividend date was Thursday, February 8th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.77%. Visa’s dividend payout ratio (DPR) is currently 23.94%.

Insider Transactions at Visa

In other Visa news, CEO Ryan Mcinerney sold 8,200 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $280.36, for a total value of $2,298,952.00. Following the completion of the transaction, the chief executive officer now owns 538 shares of the company’s stock, valued at approximately $150,833.68. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Visa news, CAO Peter M. Andreski sold 2,615 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $278.88, for a total value of $729,271.20. Following the completion of the transaction, the chief accounting officer now owns 4,898 shares of the company’s stock, valued at approximately $1,365,954.24. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ryan Mcinerney sold 8,200 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $280.36, for a total value of $2,298,952.00. Following the completion of the transaction, the chief executive officer now directly owns 538 shares of the company’s stock, valued at approximately $150,833.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,965 shares of company stock valued at $5,256,352. Corporate insiders own 0.19% of the company’s stock.

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.