Mariner LLC Sells 11,548 Shares of Visa Inc. $V

Mariner LLC trimmed its position in Visa Inc. (NYSE:V) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,010,957 shares of the credit-card processor’s stock after selling 11,548 shares during the quarter. Mariner LLC’s holdings in Visa were worth $354,593,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Next Century Growth Investors LLC increased its stake in Visa by 0.8% in the fourth quarter. Next Century Growth Investors LLC now owns 9,580 shares of the credit-card processor’s stock valued at $3,360,000 after acquiring an additional 80 shares during the last quarter. Nicolet Advisory Services LLC increased its stake in Visa by 1.2% in the fourth quarter. Nicolet Advisory Services LLC now owns 5,611 shares of the credit-card processor’s stock valued at $1,926,000 after acquiring an additional 68 shares during the last quarter. Fieldview Capital Management LLC bought a new position in Visa in the fourth quarter valued at approximately $758,000. Focus Partners Wealth boosted its position in Visa by 138.4% in the fourth quarter. Focus Partners Wealth now owns 1,238,994 shares of the credit-card processor’s stock valued at $434,527,000 after buying an additional 719,195 shares in the last quarter. Finally, Fort Point Capital Partners LLC boosted its position in Visa by 5.3% in the fourth quarter. Fort Point Capital Partners LLC now owns 1,774 shares of the credit-card processor’s stock valued at $581,000 after buying an additional 89 shares in the last quarter. 82.15% of the stock is owned by institutional investors.

Visa Stock Performance

NYSE V opened at $321.98 on Monday. The company has a market capitalization of $577.56 billion, a price-to-earnings ratio of 28.05, a PEG ratio of 1.72 and a beta of 0.77. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $363.01. The stock has a fifty day simple moving average of $318.69 and a 200 day simple moving average of $324.37.

Visa (NYSE:V) last announced its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping the consensus estimate of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the previous year, the business earned $2.76 EPS. The business’s quarterly revenue was up 17.1% compared to the same quarter last year. Sell-side analysts expect that Visa Inc. will post 13.09 EPS for the current year.

Visa Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa’s payout ratio is currently 23.34%.

Visa declared that its board has initiated a stock repurchase plan on Tuesday, April 28th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Loop Capital assumed coverage on shares of Visa in a research report on Tuesday, March 31st. They issued a “buy” rating and a $387.00 target price on the stock. Oppenheimer restated an “outperform” rating and issued a $403.00 target price (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Raymond James Financial restated an “outperform” rating and issued a $389.00 target price on shares of Visa in a research report on Wednesday, April 29th. Citigroup cut their target price on shares of Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $450.00 target price on shares of Visa in a research report on Tuesday, June 2nd. Six equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $387.78.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa unveiled a major partnership with OpenAI to embed its payment network into ChatGPT, allowing AI agents to shop and complete purchases with user permission. This positions Visa to stay central to the next phase of digital commerce and could open a new payment channel. Visa Partners with OpenAI to Power the Next Generation of AI Commerce
• Positive Sentiment: Visa also announced new AI, tokenization, and stablecoin settlement tools for programmable commerce, signaling that management is investing to defend its competitive moat and adapt to faster-moving payment rails. Visa Launches AI and Stablecoin Tools to Power Agentic Commerce
• Positive Sentiment: Several recent commentary pieces highlight Visa’s earnings growth, balance-sheet strength, and its expanding role in AI-driven commerce, which may be reinforcing investor confidence in the stock. Earnings Growth & Price Strength Make Visa (V) a Stock to Watch
• Neutral Sentiment: One report noted that Cuba’s central bank will suspend all Visa and Mastercard transactions after a processing partnership collapsed due to U.S. sanctions. The direct financial impact appears limited, but it is a reminder of Visa’s exposure to geopolitical and sanctions-related disruptions. Cuba’s Central Bank to Suspend all Visa (V) and Mastercard Transactions
• Negative Sentiment: Investor concern also surfaced around stablecoins, with Bill Gurley saying Visa and Mastercard are “heavily threatened” by them. That reinforces the market’s view that next-generation payment technologies could pressure long-term card network economics if adoption accelerates. Bill Gurley says Visa, and Mastercard are “heavily threatened” by stablecoins

Insider Activity at Visa

In related news, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total value of $3,455,653.59. Following the sale, the chief financial officer directly owned 9,872 shares in the company, valued at $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This represents a 67.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.12% of the company’s stock.

About Visa

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.