Human Investing LLC Invests $154,000 in Visa Inc. (NYSE:V)

Human Investing LLC acquired a new stake in Visa Inc. (NYSE:V) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 487 shares of the credit-card processor’s stock, valued at approximately $154,000.

Several other institutional investors have also added to or reduced their stakes in the company. KLCM Advisors Inc. grew its position in Visa by 3.9% in the fourth quarter. KLCM Advisors Inc. now owns 3,881 shares of the credit-card processor’s stock valued at $1,227,000 after acquiring an additional 144 shares during the last quarter. Rational Advisors LLC acquired a new stake in shares of Visa in the 4th quarter valued at approximately $942,000. Catalyst Capital Advisors LLC grew its holdings in shares of Visa by 21.7% during the 4th quarter. Catalyst Capital Advisors LLC now owns 2,257 shares of the credit-card processor’s stock valued at $713,000 after purchasing an additional 402 shares during the last quarter. State of New Jersey Common Pension Fund D increased its position in Visa by 5.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 612,401 shares of the credit-card processor’s stock worth $193,543,000 after purchasing an additional 29,097 shares in the last quarter. Finally, Total Investment Management Inc. bought a new position in Visa in the 4th quarter valued at approximately $266,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Visa

In other news, insider Tullier Kelly Mahon sold 33,741 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.77, for a total transaction of $11,801,589.57. Following the completion of the sale, the insider now directly 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 transaction 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 firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $307.97, for a total transaction of $668,602.87. Following the completion of the transaction, the insider now directly owns 17,894 shares in the company, valued at approximately $5,510,815.18. The trade was a 10.82 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 58,056 shares of company stock valued at $19,830,050. Company insiders own 0.13% of the company’s stock.

Visa Stock Performance

NYSE:V opened at $354.95 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.45. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $357.15. The company has a fifty day moving average of $327.75 and a 200-day moving average of $301.05. The firm has a market capitalization of $659.42 billion, a P/E ratio of 35.78, a P/E/G ratio of 2.35 and a beta of 0.97.

Visa (NYSE:V) last posted its quarterly earnings results on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, beating the consensus estimate 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, sell-side analysts anticipate that Visa Inc. will post 11.3 EPS for the current year.

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 11th will be issued a $0.59 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $2.36 annualized dividend and a yield of 0.66%. Visa’s payout ratio is currently 23.79%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. BMO Capital Markets increased their price target on Visa from $310.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft increased their target price on Visa from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. TD Cowen boosted their price target on Visa from $318.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Susquehanna raised their price objective on shares of Visa from $375.00 to $395.00 and gave the company a “positive” rating in a report on Friday, January 31st. Finally, Citigroup boosted their target price on shares of Visa from $354.00 to $393.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Four investment analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Visa has a consensus rating of “Moderate Buy” and an average price target of $354.73.

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.