CenterBook Partners LP trimmed its stake in shares of Visa Inc. (NYSE:V – Free Report) by 63.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,157 shares of the credit-card processor’s stock after selling 62,003 shares during the quarter. CenterBook Partners LP’s holdings in Visa were worth $12,633,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in V. Asset One Wealth Management LLC raised its holdings in Visa by 12.7% in the 3rd quarter. Asset One Wealth Management LLC now owns 19,390 shares of the credit-card processor’s stock valued at $6,967,000 after buying an additional 2,189 shares during the last quarter. Waldron Private Wealth LLC boosted its position in Visa by 2.9% during the 3rd quarter. Waldron Private Wealth LLC now owns 9,668 shares of the credit-card processor’s stock worth $3,474,000 after buying an additional 272 shares during the period. Calamos Advisors LLC grew its holdings in Visa by 1.2% during the 3rd quarter. Calamos Advisors LLC now owns 669,367 shares of the credit-card processor’s stock worth $240,524,000 after acquiring an additional 7,900 shares during the last quarter. Burke & Herbert Bank & Trust Co. grew its holdings in Visa by 1.8% during the 3rd quarter. Burke & Herbert Bank & Trust Co. now owns 2,867 shares of the credit-card processor’s stock worth $1,030,000 after acquiring an additional 50 shares during the last quarter. Finally, Alta Advisers Ltd increased its position in Visa by 77.9% in the 3rd quarter. Alta Advisers Ltd now owns 11,798 shares of the credit-card processor’s stock valued at $4,239,000 after acquiring an additional 5,166 shares during the period. Institutional investors own 82.15% of the company’s stock.
Visa Trading Up 0.0%
V stock traded up $0.17 during midday trading on Friday, hitting $422.76. The stock had a trading volume of 9,219,148 shares, compared to its average volume of 6,437,748. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The firm has a market cap of $754.39 billion, a P/E ratio of 34.29, a price-to-earnings-growth ratio of 1.81 and a beta of 0.80. The business has a fifty day moving average price of $385.86 and a two-hundred day moving average price of $344.69. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $442.23.
Visa Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be paid a dividend of $0.78 per share. This is an increase from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. Visa’s payout ratio is 21.74%.
Insider Activity at Visa
In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $416.22, for a total value of $2,445,292.50. Following the completion of the sale, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $6,315,722.28. The trade was a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total value of $687,690.78. Following the completion of the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,778,929.36. This trade represents a 9.21% 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 27,395 shares of company stock valued at $10,406,050 in the last ninety days. 0.12% of the stock is currently owned by insiders.
More Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
- Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
- Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
- Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
- Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Visa from $450.00 to $455.00 and gave the company an “overweight” rating in a research note on Wednesday, October 28th. Clear Str raised Visa to a “strong-buy” rating in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $430.00 target price on shares of Visa in a report on Wednesday, July 29th. Daiwa Securities Group increased their price target on Visa from $375.00 to $422.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings downgraded Visa from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, October 28th. Two analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Visa presently has an average rating of “Buy” and a consensus price target of $440.82.
Check Out Our Latest Research Report on Visa
Visa Profile
Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.
The company’s services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.
Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.
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