18,939 Shares in Visa Inc. $V Purchased by First Nebraska Trust Co

First Nebraska Trust Co purchased a new stake in shares of Visa Inc. (NYSE:V) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 18,939 shares of the credit-card processor’s stock, valued at approximately $5,724,000.

Several other institutional investors have also added to or reduced their stakes in the company. Clayton Financial Group LLC boosted its position in shares of Visa by 446.2% during the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after acquiring an additional 58 shares during the last quarter. PayPay Securities Corp grew its holdings in shares of Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 38 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in Visa in the fourth quarter worth $26,000. Parvin Asset Management LLC increased its position in Visa by 200.0% in the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after purchasing an additional 50 shares during the last quarter. Finally, Dorato Capital Management purchased a new stake in Visa during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Visa Stock Performance

NYSE:V opened at $366.33 on Friday. The firm has a market capitalization of $657.11 billion, a PE ratio of 31.15, a PEG ratio of 1.98 and a beta of 0.75. The stock’s fifty day moving average is $341.12 and its 200 day moving average is $325.78. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $373.97. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 0.99.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, topping the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. Visa’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.98 earnings per share. On average, sell-side analysts anticipate that Visa Inc. will post 13.12 earnings per share for the current year.

Visa declared that its board has approved a share repurchase plan on Tuesday, April 28th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa’s dividend payout ratio (DPR) is 22.79%.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong earnings continue to support the stock. Visa reported fiscal third-quarter EPS of $3.32, above the $3.23 consensus, while revenue reached $11.63 billion, up 14.4% year over year and ahead of expectations. The results reinforce confidence in payment-volume growth and Visa’s high-margin business model. Visa Trading Up Following Better-Than-Expected Earnings
• Positive Sentiment: Analysts remain constructive. Cantor Fitzgerald reiterated an “Overweight” rating, while BMO Capital Markets, JPMorgan and Robert W. Baird forecast additional price appreciation. One fair-value estimate rose from $398.83 to $411.63, reflecting optimism about payment volumes, value-added services and potential stablecoin-related products. Visa Stock Sees Modest Fair Value Lift
• Positive Sentiment: Restructuring could improve efficiency. Visa plans to eliminate roughly 2,600 jobs, or about 7% of its workforce, as artificial intelligence and other technology reshape operations. Although the cuts may create near-term charges, investors could view lower long-term costs and greater productivity favorably. Visa Layoffs Will Cut 7 Percent of Its Workforce
• Neutral Sentiment: Competitive developments bear watching. X Money launched with a Visa debit card, peer-to-peer transfers and 3% cashback, potentially generating transaction activity for Visa while also intensifying competition in digital payments and consumer wallets. Elon Musk Aims at Venmo With One Bold Perk
• Negative Sentiment: Job cuts may raise execution and sentiment concerns. The scale of the layoffs highlights Visa’s efforts to adapt to AI-driven changes and could unsettle employees or investors if restructuring disrupts growth initiatives. Visa Slashes Thousands of Jobs in Efficiency Push

Insider Activity

In related news, CEO Ryan Mcinerney sold 10,490 shares of Visa stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $343.99, for a total transaction of $3,608,455.10. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,219,704.26. The trade was a 40.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of Visa stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total transaction of $729,720.00. Following the transaction, the general counsel directly owned 18,404 shares of the company’s stock, valued at approximately $6,625,440. This represents a 9.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 101,398 shares of company stock worth $35,831,433 over the last 90 days. Insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on V. Raymond James Financial reiterated an “outperform” rating and set a $406.00 price objective on shares of Visa in a research report on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Visa from $400.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday. Royal Bank Of Canada restated an “outperform” rating and set a $412.00 target price (up from $395.00) on shares of Visa in a research report on Wednesday. BMO Capital Markets increased their price target on shares of Visa from $387.00 to $405.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Evercore set a $350.00 price target on Visa in a research report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. According to MarketBeat, Visa has an average rating of “Buy” and an average target price of $411.77.

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.