Holistic Planning LLC Purchases 74 Shares of Visa Inc. (NYSE:V)

Holistic Planning LLC boosted its position in shares of Visa Inc. (NYSE:V) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,609 shares of the credit-card processor’s stock after acquiring an additional 74 shares during the quarter. Holistic Planning LLC’s holdings in Visa were worth $825,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new stake in Visa during the 4th quarter valued at $26,000. Peterson Financial Group Inc. acquired a new stake in shares of Visa during the 3rd quarter worth about $26,000. Modus Advisors LLC bought a new stake in shares of Visa during the 4th quarter worth about $32,000. Reston Wealth Management LLC acquired a new position in Visa in the 3rd quarter valued at about $31,000. Finally, Sugar Maple Asset Management LLC bought a new position in Visa in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 82.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on V shares. William Blair reaffirmed an “outperform” rating on shares of Visa in a research report on Friday, January 31st. Royal Bank of Canada increased their price objective on Visa from $311.00 to $322.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Morgan Stanley lifted their target price on Visa from $326.00 to $371.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Raymond James restated an “outperform” rating and issued a $393.00 price target (up from $374.00) on shares of Visa in a research note on Friday, January 31st. Finally, Barclays lifted their price objective on shares of Visa from $361.00 to $396.00 and gave the stock an “overweight” rating in a research note on Monday. Four analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $354.73.

Visa Price Performance

Shares of NYSE:V opened at $349.27 on Thursday. The firm has a 50 day simple moving average of $319.07 and a 200 day simple moving average of $294.37. The company has a market cap of $650.64 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 2.30 and a beta of 0.97. Visa Inc. has a one year low of $252.70 and a one year high of $351.25. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.12 and a quick ratio of 1.28.

Visa (NYSE:V) last released its quarterly earnings data on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. Research analysts predict that Visa Inc. will post 11.2 earnings per share for the current fiscal year.

Visa Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 11th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Tuesday, February 11th. Visa’s dividend payout ratio is currently 23.79%.

Insider Activity at Visa

In related news, CEO Ryan Mcinerney sold 8,620 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $317.78, for a total value of $2,739,263.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Julie B. Rottenberg sold 2,572 shares of Visa 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 transaction, the general counsel now directly owns 11,925 shares in the company, 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 a total of 21,983 shares of company stock worth $7,213,146 in the last quarter. 0.13% of the stock is owned by insiders.

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.