Visa Inc.

🇺🇸New York Stock Exchange
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Visa Inc. stock analysis V overview
Bullish +62

Visa Inc. $V is Clio Asset Management LLC's 7th Largest Position

📈 Clio Asset Management LLC increased its Visa stake by 10.0% in Q1, holding 29,558 shares valued at $8.93 million.

🏦 Norges Bank acquired a new stake in Visa worth $5.88 billion during the fourth quarter.

📊 Cardano Risk Management B.V. boosted its holdings by 867.6% to own 8.21 million shares valued at $2.88 billion.

🚀 J. Stern & Co. LLP grew its stake by 12,497.1% in the fourth quarter, now holding 3.38 million shares.

💰 Visa initiated a $20 billion share repurchase program authorized to buy up to 3.6% of outstanding stock.

💵 The company paid a quarterly dividend of $0.67 per share with an annualized yield of 0.8%.

📉 CFO Chris Suh sold 10,639 shares for $3.46 million, reducing his ownership by 51.87%.

📉 CEO Ryan McInerney sold 31,455 shares for $10.70 million, reducing his ownership by 67.46%.

🎯 Analyst consensus rating is 'Buy' with a price target of $387.78 according to MarketBeat data.

📈 Bank of America and UBS Group issued buy ratings with price targets around $410.

Bullish Signals
  • Clio Asset Management LLC increased its position in Visa by 10.0% in the first quarter, adding 2,699 shares to a total holding of 29,558 shares.
  • Norges Bank acquired a new stake in Visa valued at $5.88 billion during the fourth quarter.
  • Cardano Risk Management B.V. significantly boosted its holdings by 867.6% in the fourth quarter.
  • J. Stern & Co. LLP grew its stake by 12,497.1% during the fourth quarter.
  • Victory Capital Management Inc. increased its stake by 48.2% in the fourth quarter.
  • Corient Private Wealth LLC grew its stake by 110.4% in the second quarter.
  • Visa initiated a $20 billion share repurchase program authorized to buy up to 3.6% of its outstanding stock.
  • The company paid a quarterly dividend of $0.67 per share with an annualized yield of 0.8%.
  • Bank of America issued a 'buy' rating with a price target of $410.00.
  • UBS Group boosted its price objective to $410.00 and maintained a 'buy' rating.
Risk Factors
  • CFO Chris Suh sold 10,639 shares for $3.46 million, representing a 51.87% decrease in his personal ownership.
  • CEO Ryan McInerney sold 31,455 shares for $10.70 million, representing a 67.46% decrease in his personal ownership.
Full Analysis
Clio Asset Management LLC increased its position in Visa Inc. by 10.0% in the first quarter, purchasing an additional 2,699 shares to hold a total of 29,558 shares. This investment represents 7.5% of Clio's portfolio, valued at $8,934,000, marking Visa as the firm's seventh-largest holding. The disclosure highlights continued institutional interest in the credit card processor amidst broader market activity. Several other major investors have adjusted their stakes in Visa during recent quarters. Norges Bank added a stake valued at approximately $5.88 billion in the fourth quarter, while Cardano Risk Management B.V. and J. Stern & Co. LLP significantly boosted their holdings by 867.6% and 12,497.1% respectively. Victory Capital Management Inc. and Corient Private Wealth LLC also increased their positions by 48.2% and 110.4% in the fourth and second quarters, indicating strong institutional demand. Visa reported a market capitalization of $604.43 billion with a stock price opening at $336.96 on Friday. The company recently initiated a $20 billion share repurchase program authorized to buy up to 3.6% of its outstanding stock, signaling management's confidence in the asset. Additionally, Visa paid a quarterly dividend of $0.67 per share with an annualized yield of 0.8%, while maintaining a debt-to-equity ratio of 0.64. Analyst sentiment remains predominantly positive with a consensus 'Buy' rating and a price target of $387.78. Major firms like Bank of America, UBS Group, and Raymond James Financial have issued buy ratings or raised price targets to the $410 range. However, internal executive activity saw CFO Chris Suh and CEO Ryan McInerney sell significant portions of their holdings under pre-arranged trading plans, reducing their direct ownership percentages.