Capital Advisors Inc. OK Sells 543 Shares of Visa Inc. (NYSE:V)

Capital Advisors Inc. OK lessened its stake in Visa Inc. (NYSE:V) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,114 shares of the credit-card processor’s stock after selling 543 shares during the period. Capital Advisors Inc. OK’s holdings in Visa were worth $49,970,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Decker Retirement Planning Inc. purchased a new position in shares of Visa in the fourth quarter valued at about $26,000. Peterson Financial Group Inc. bought a new stake in shares of Visa in the third quarter worth about $26,000. POM Investment Strategies LLC increased its holdings in Visa by 48.5% during the 4th quarter. POM Investment Strategies LLC now owns 98 shares of the credit-card processor’s stock valued at $31,000 after purchasing an additional 32 shares during the period. Modus Advisors LLC bought a new position in Visa during the 4th quarter valued at approximately $32,000. Finally, Reston Wealth Management LLC purchased a new stake in Visa in the 3rd quarter worth approximately $31,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Visa news, insider Tullier Kelly Mahon sold 33,741 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was 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 in the company, valued at $12,789,689.82. The trade was a 47.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,572 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $340.00, for a total transaction 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 58,056 shares of company stock valued at $19,830,050 in the last 90 days. 0.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

V has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their target price on Visa from $320.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Robert W. Baird upped their price objective on shares of Visa from $330.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Visa from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. William Blair reissued an “outperform” rating on shares of Visa in a research note on Friday, January 31st. Finally, Susquehanna lifted their price objective on Visa from $375.00 to $395.00 and gave the company a “positive” rating in a research report on Friday, January 31st. Four investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $354.73.

Visa Price Performance

Shares of V opened at $355.52 on Friday. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $356.08. The company has a market capitalization of $660.47 billion, a P/E ratio of 35.84, a price-to-earnings-growth ratio of 2.32 and a beta of 0.97. The firm has a 50 day moving average of $323.36 and a 200 day moving average of $297.90. The company has a quick ratio of 1.28, a current ratio of 1.12 and a debt-to-equity ratio of 0.45.

Visa (NYSE:V) last posted its earnings results on Thursday, January 30th. The credit-card processor reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. As a group, equities research analysts anticipate that Visa Inc. will post 11.27 earnings per share for the current fiscal year.

Visa Dividend Announcement

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

Visa Company 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.