Investors Sell Visa (V) on Strength (V)

Traders sold shares of Visa Inc (NYSE:V) on strength during trading hours on Tuesday. $197.61 million flowed into the stock on the tick-up and $383.27 million flowed out of the stock on the tick-down, for a money net flow of $185.66 million out of the stock. Of all equities tracked, Visa had the 5th highest net out-flow for the day. Visa traded up $1.06 for the day and closed at $151.73

A number of research analysts have recently commented on the company. reaffirmed a “buy” rating on shares of Visa in a research report on Tuesday, February 12th. SunTrust Banks reiterated an “outperform” rating and set a $250.00 price objective on shares of Visa in a research note on Friday, February 1st. Raymond James reiterated an “outperform” rating and set a $152.00 price objective (down from $167.00) on shares of Visa in a research note on Thursday, January 31st. Cantor Fitzgerald reiterated a “buy” rating and set a $160.00 price objective on shares of Visa in a research note on Thursday, January 31st. Finally, Jefferies Financial Group began coverage on Visa in a research note on Monday, January 28th. They set a “buy” rating and a $135.99 price objective on the stock. One analyst has rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $162.77.

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The company has a debt-to-equity ratio of 0.58, a current ratio of 1.50 and a quick ratio of 1.50. The stock has a market cap of $302.45 billion, a P/E ratio of 32.91, a PEG ratio of 1.66 and a beta of 0.97.

Visa (NYSE:V) last announced its quarterly earnings data on Wednesday, January 30th. The credit-card processor reported $1.30 EPS for the quarter, beating the consensus estimate of $1.25 by $0.05. The firm had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.41 billion. Visa had a return on equity of 39.32% and a net margin of 50.61%. The company’s revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.08 EPS. As a group, equities analysts expect that Visa Inc will post 5.32 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Friday, February 15th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, February 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.66%. Visa’s dividend payout ratio (DPR) is presently 21.69%.

In other news, Vice Chairman Ellen Richey sold 81,005 shares of the stock in a transaction dated Thursday, February 7th. The stock was sold at an average price of $139.99, for a total transaction of $11,339,889.95. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Visa by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 133,049,441 shares of the credit-card processor’s stock valued at $19,969,390,000 after acquiring an additional 640,593 shares during the period. Vanguard Group Inc lifted its holdings in Visa by 0.5% in the 3rd quarter. Vanguard Group Inc now owns 133,049,441 shares of the credit-card processor’s stock worth $19,969,390,000 after buying an additional 640,593 shares during the period. BlackRock Inc. lifted its holdings in Visa by 0.8% in the 3rd quarter. BlackRock Inc. now owns 122,485,390 shares of the credit-card processor’s stock worth $18,383,832,000 after buying an additional 936,305 shares during the period. FMR LLC lifted its holdings in Visa by 4.1% in the 4th quarter. FMR LLC now owns 90,524,036 shares of the credit-card processor’s stock worth $11,943,741,000 after buying an additional 3,606,814 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Visa by 11,319.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 86,570,056 shares of the credit-card processor’s stock worth $656,000 after buying an additional 85,811,983 shares during the period. Institutional investors own 80.00% of the company’s stock.

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Visa Company Profile (NYSE:V)

Visa Inc operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

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