D Orazio & Associates Inc. Boosts Holdings in Visa Inc. (NYSE:V)

D Orazio & Associates Inc. grew its position in shares of Visa Inc. (NYSE:V) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,842 shares of the credit-card processor’s stock after purchasing an additional 54 shares during the period. D Orazio & Associates Inc.’s holdings in Visa were worth $1,846,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Affiance Financial LLC lifted its stake in Visa by 5.4% during the third quarter. Affiance Financial LLC now owns 954 shares of the credit-card processor’s stock worth $262,000 after purchasing an additional 49 shares during the last quarter. Martin Capital Advisors LLP lifted its position in Visa by 0.6% in the 3rd quarter. Martin Capital Advisors LLP now owns 11,221 shares of the credit-card processor’s stock worth $3,085,000 after buying an additional 66 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its position in Visa by 1.0% during the third quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 163,901 shares of the credit-card processor’s stock valued at $45,065,000 after acquiring an additional 1,575 shares during the last quarter. Thomasville National Bank increased its stake in Visa by 3.6% in the 3rd quarter. Thomasville National Bank now owns 113,108 shares of the credit-card processor’s stock worth $31,099,000 after purchasing an additional 3,903 shares during the period. Finally, Capricorn Fund Managers Ltd boosted its stake in shares of Visa by 75.7% during the third quarter. Capricorn Fund Managers Ltd now owns 19,554 shares of the credit-card processor’s stock valued at $5,376,000 after purchasing an additional 8,422 shares during the period. Institutional investors own 82.15% of the company’s stock.

Visa Stock Up 0.9 %

Shares of Visa stock opened at $351.26 on Tuesday. The company has a 50-day simple moving average of $321.08 and a two-hundred day simple moving average of $296.19. The stock has a market capitalization of $652.56 billion, a PE ratio of 35.41, a price-to-earnings-growth ratio of 2.32 and a beta of 0.97. Visa Inc. has a 52-week low of $252.70 and a 52-week high of $351.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.28 and a current ratio of 1.12.

Visa (NYSE:V) last announced its quarterly earnings data on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, topping 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%. On average, analysts anticipate that Visa Inc. will post 11.27 EPS for the current fiscal year.

Visa Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 11th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $2.36 annualized dividend and a yield of 0.67%. Visa’s payout ratio is 23.79%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Visa from $346.00 to $384.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Deutsche Bank Aktiengesellschaft lifted their price objective on Visa from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Citigroup raised their price target on Visa from $354.00 to $393.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. Mizuho boosted their price objective on shares of Visa from $279.00 to $292.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Finally, Seaport Res Ptn upgraded shares of Visa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Visa currently has a consensus rating of “Moderate Buy” and a consensus price target of $354.73.

Insider Buying and Selling

In related news, insider Tullier Kelly Mahon sold 33,741 shares of Visa stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.77, for a total value of $11,801,589.57. Following the completion of the sale, the insider now owns 36,566 shares of the company’s stock, valued at $12,789,689.82. The trade was a 47.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Paul D. Fabara sold 2,171 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 58,056 shares of company stock worth $19,830,050. 0.13% of the stock is owned by corporate insiders.

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.