Family Management Corp Boosts Position in Visa Inc. (NYSE:V)

08 May 2025, 10:32 by Amy Steele · The Cerbat Gem

Family Management Corp raised its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,960 shares of the credit-card processor’s stock after buying an additional 778 shares during the period. Visa comprises 0.9% of Family Management Corp’s investment portfolio, making the stock its 25th largest position. Family Management Corp’s holdings in Visa were worth $5,360,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Principal Financial Group Inc. lifted its holdings in Visa by 7.7% in the 3rd quarter. Principal Financial Group Inc. now owns 5,733,284 shares of the credit-card processor’s stock worth $1,576,366,000 after buying an additional 411,210 shares in the last quarter. Regent Peak Wealth Advisors LLC lifted its stake in shares of Visa by 2.5% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 4,927 shares of the credit-card processor’s stock worth $1,557,000 after acquiring an additional 121 shares in the last quarter. Innova Wealth Partners purchased a new position in Visa in the fourth quarter valued at about $311,000. Sterneck Capital Management LLC acquired a new stake in Visa during the 4th quarter valued at approximately $248,000. Finally, Worth Asset Management LLC increased its holdings in Visa by 4.1% during the 4th quarter. Worth Asset Management LLC now owns 2,003 shares of the credit-card processor’s stock worth $633,000 after purchasing an additional 79 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Insider Buying and Selling

In other news, General Counsel Julie B. Rottenberg sold 2,575 shares of the company’s stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $345.58, for a total transaction of $889,868.50. Following the completion of the sale, the general counsel now directly owns 11,925 shares of the company’s stock, valued at $4,121,041.50. This represents a 17.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ryan Mcinerney sold 8,620 shares of Visa stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $345.58, for a total value of $2,978,899.60. Following the completion of the transaction, the chief executive officer now directly owns 537 shares in the company, valued at $185,576.46. This represents a 94.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,208 shares of company stock worth $48,905,978 in the last ninety days. 0.13% of the stock is currently owned by corporate insiders.

Visa Price Performance

Shares of NYSE:V opened at $349.83 on Thursday. The stock has a market cap of $649.91 billion, a price-to-earnings ratio of 35.27, a PEG ratio of 2.33 and a beta of 0.96. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.12 and a quick ratio of 1.12. Visa Inc. has a 12 month low of $252.70 and a 12 month high of $366.54. The stock’s 50 day moving average price is $337.15 and its 200 day moving average price is $325.80.

Visa (NYSE:V – Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The credit-card processor reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.08. The business had revenue of $9.59 billion during the quarter, compared to analyst estimates of $9.57 billion. Visa had a return on equity of 54.79% and a net margin of 54.27%. The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.51 earnings per share. Equities research analysts anticipate that Visa Inc. will post 11.3 earnings per share for the current fiscal year.

Visa Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Tuesday, May 13th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $2.36 annualized dividend and a dividend yield of 0.67%. Visa’s dividend payout ratio is currently 23.72%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Oppenheimer reiterated an “outperform” rating on shares of Visa in a research note on Thursday, February 13th. JPMorgan Chase & Co. raised their price objective on shares of Visa from $340.00 to $375.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. UBS Group cut their target price on shares of Visa from $400.00 to $395.00 and set a “buy” rating on the stock in a research note on Wednesday, April 30th. Barclays lifted their price target on Visa from $361.00 to $396.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company upped their price objective on Visa from $360.00 to $395.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $362.38.

View Our Latest Research Report on Visa

Visa Profile

(Free Report)

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.