8,406 Shares in Visa Inc. (NYSE:V) Bought by AGP Franklin LLC

15 Apr 2025, 10:32 by Teresa Graham · The Cerbat Gem

AGP Franklin LLC purchased a new stake in Visa Inc. (NYSE:V – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 8,406 shares of the credit-card processor’s stock, valued at approximately $2,657,000. Visa makes up about 1.6% of AGP Franklin LLC’s portfolio, making the stock its 20th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the business. Howard Capital Management Group LLC raised its stake in shares of Visa by 0.6% in the third quarter. Howard Capital Management Group LLC now owns 106,355 shares of the credit-card processor’s stock worth $29,242,000 after purchasing an additional 610 shares during the last quarter. Principal Financial Group Inc. increased 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 during the period. Morse Asset Management Inc purchased a new position in Visa during the 3rd quarter worth approximately $69,000. Passumpsic Savings Bank lifted its stake in Visa by 2.0% during the 3rd quarter. Passumpsic Savings Bank now owns 9,137 shares of the credit-card processor’s stock valued at $2,512,000 after acquiring an additional 179 shares during the period. Finally, Virtu Financial LLC boosted its holdings in shares of Visa by 101.5% in the 3rd quarter. Virtu Financial LLC now owns 44,984 shares of the credit-card processor’s stock valued at $12,368,000 after acquiring an additional 22,658 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa Price Performance

Visa stock opened at $335.27 on Tuesday. The company has a fifty day simple moving average of $342.12 and a 200-day simple moving average of $319.51. The firm has a market capitalization of $622.86 billion, a price-to-earnings ratio of 33.80, a PEG ratio of 2.33 and a beta of 0.94. 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 52-week low of $252.70 and a 52-week high of $366.54.

Visa (NYSE:V – Get Free Report) last released its earnings results 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, equities analysts anticipate that Visa Inc. will post 11.3 EPS for the current fiscal year.

Visa Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 11th were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 0.70%. The ex-dividend date was Tuesday, February 11th. Visa’s payout ratio is currently 23.79%.

Analyst Ratings Changes

V has been the subject of several recent research reports. Wells Fargo & Company raised their target price on shares of Visa from $360.00 to $395.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Bank of America boosted their price objective on Visa from $331.00 to $363.00 and gave the company a “neutral” rating in a report on Friday, January 31st. UBS Group lifted their price target on Visa from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Barclays upped their price objective on Visa from $361.00 to $396.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $383.00 target price (up from $368.00) on shares of Visa in a report on Friday, January 31st. Seven research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned 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 price target of $355.84.

View Our Latest Analysis on V

Insiders Place Their Bets

In other news, insider Tullier Kelly Mahon sold 33,741 shares of the company’s 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 transaction, the insider now owns 36,566 shares of the company’s stock, valued at $12,789,689.82. This represents a 47.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,572 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $340.00, for a total value of $874,480.00. Following the sale, the general counsel now directly owns 11,925 shares of the company’s stock, valued at $4,054,500. The trade was a 17.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,205 shares of company stock valued at $48,842,490 in the last three months. 0.13% of the stock is currently owned by insiders.

Visa Company 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.