Centaurus Financial Inc. Sells 1,957 Shares of Visa Inc. $V

Centaurus Financial Inc. lessened its position in Visa Inc. (NYSE:V) by 14.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,432 shares of the credit-card processor’s stock after selling 1,957 shares during the period. Centaurus Financial Inc.’s holdings in Visa were worth $3,455,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Visa by 50.1% during the fourth quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock worth $6,522,000 after purchasing an additional 6,883 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Visa by 68.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock valued at $3,733,000 after buying an additional 4,817 shares during the last quarter. Nicholas Hoffman & Company LLC. lifted its position in Visa by 4.6% during the 1st quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor’s stock worth $3,834,000 after buying an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its position in Visa by 16.9% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor’s stock worth $402,000 after buying an additional 164 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew its holdings in Visa by 13.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor’s stock worth $6,521,000 after acquiring an additional 2,230 shares during the last quarter. Institutional investors own 82.15% of the company’s stock.

Visa Stock Down 0.6%

Shares of NYSE V opened at $366.65 on Friday. The firm has a market capitalization of $657.69 billion, a PE ratio of 31.18, a price-to-earnings-growth ratio of 1.96 and a beta of 0.75. The company has a current ratio of 0.99, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $373.97. The firm’s 50-day moving average is $340.37 and its 200-day moving average is $325.50.

Visa (NYSE:V) last posted its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. During the same period in the previous year, the firm posted $2.98 earnings per share. Visa’s revenue for the quarter was up 14.4% compared to the same quarter last year. Equities analysts expect that Visa Inc. will post 13.16 EPS for the current year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 11th. Visa’s payout ratio is currently 22.79%.

Visa announced that its Board of Directors has approved a share repurchase plan on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

V has been the subject of several research reports. Barclays initiated coverage on shares of Visa in a research report on Tuesday, July 7th. They issued an “overweight” rating and a $420.00 price objective for the company. Evercore set a $350.00 price target on shares of Visa in a research note on Wednesday, April 29th. Citigroup reissued a “buy” rating and issued a $440.00 price target (up from $400.00) on shares of Visa in a report on Wednesday. Erste Group Bank upgraded shares of Visa from a “hold” rating to a “buy” rating in a research report on Monday. Finally, TD Cowen reaffirmed a “buy” rating on shares of Visa in a report on Wednesday. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $411.77.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong Q3 results and resilient consumer spending: Visa reported adjusted EPS of $3.32 versus the $3.23 consensus and revenue of $11.63 billion versus estimates of $11.40 billion. Revenue increased 14.4% year over year, cross-border volume remained strong, and payments volume surpassed $4 trillion for the first time—evidence of continued spending momentum. Visa Q3 Earnings Beat Estimates on Cross-Border Volume Strength
• Positive Sentiment: Analysts raised price targets: JPMorgan lifted its target to $450, Baird to $420, BMO to $405 and Cantor Fitzgerald maintained an overweight rating with a $410 target. The revisions reflect confidence in Visa’s growth, payment volume and long-term fundamentals. Visa Analyst Forecasts
• Positive Sentiment: Payment ecosystem expansion: Visa highlighted AI, stablecoins, value-added services and Visa Direct, which is being positioned to modernize government disbursements and other money-movement use cases. X Money also launched in the United States using a branded Visa debit card, potentially increasing Visa’s transaction reach. Visa Direct Modernizes Government Payouts
• Neutral Sentiment: Dividend declared: Visa declared a quarterly dividend of $0.67 per share, payable September 1 to shareholders of record August 11. The roughly 0.7% yield offers modest shareholder support but is unlikely to drive the stock materially.
• Negative Sentiment: Expense and workforce concerns: Visa plans to eliminate approximately 2,600 jobs, or about 7% of its workforce, citing efficiency initiatives and AI-driven changes. The cuts could improve margins over time, but investors initially focused on higher operating expenses and execution risks. Visa Slashes Thousands of Jobs in Efficiency Push
• Negative Sentiment: Valuation and market pressure: Commentary has flagged Visa’s premium valuation and competition from Mastercard, PayPal and emerging payment platforms. Separately, an oil-price spike and U.S.-Iran tensions pressured the broader market, creating an unfavorable backdrop for large-cap technology and financial stocks. Visa Valuation Commentary

Insider Buying and Selling at Visa

In related news, General Counsel Julie B. Rottenberg sold 2,027 shares of Visa stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total transaction of $729,720.00. Following the completion of the sale, the general counsel directly owned 18,404 shares of the company’s stock, valued at $6,625,440. The trade was a 9.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the sale, the chief financial officer owned 9,872 shares of the company’s stock, valued at $3,206,524.32. This represents a 51.87% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 44,126 shares of company stock worth $14,928,871. Insiders own 0.12% of the company’s stock.

Visa Company Profile

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.