Visa Inc on Focus After Bullish Options Activity


 Visa Inc on Focus After Bullish Options Activity

In today’s session Visa Inc (V) registered an unusually high (1,028) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious V increase. With 1,028 contracts traded and 90394 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: V161216C00085000 closed last at: $1.38 or 9.2% down. About 3.02 million shares traded hands. Visa Inc (NYSE:V) has risen 15.33% since March 14, 2016 and is uptrending. It has outperformed by 9.72% the S&P500.

Analysts await Visa Inc (NYSE:V) to report earnings on November, 7. They expect $0.73 earnings per share, up 17.74% or $0.11 from last year’s $0.62 per share. V’s profit will be $1.74B for 28.14 P/E if the $0.73 EPS becomes a reality. After $0.69 actual earnings per share reported by Visa Inc for the previous quarter, Wall Street now forecasts 5.80% EPS growth.

Visa Inc (NYSE:V) Ratings Coverage

Out of 21 analysts covering Visa Inc. (NYSE:V), 15 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 71% are positive. Visa Inc. has been the topic of 33 analyst reports since July 21, 2015 according to StockzIntelligence Inc. As per Friday, January 29, the company rating was maintained by RBC Capital Markets. The firm earned “Overweight” rating on Monday, May 16 by Barclays Capital. The stock has “Overweight” rating given by JP Morgan on Friday, August 14. Sterne Agee CRT initiated Visa Inc (NYSE:V) on Thursday, December 17 with “Buy” rating. The firm earned “Overweight” rating on Monday, June 6 by JP Morgan. The stock of Visa Inc (NYSE:V) earned “Buy” rating by Guggenheim on Thursday, October 8. The rating was downgraded by S&P Research on Tuesday, July 28 to “Hold”. The company was maintained on Monday, October 19 by Oppenheimer. The stock has “Hold” rating given by Topeka Capital Markets on Friday, July 24. The firm has “Outperform” rating by Wells Fargo given on Thursday, October 22.

According to Zacks Investment Research, “VISA operates the world’s largest retail electronic payments network and is one of the most recognized global financial services brands. Visa facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.07, from 1.06 in 2016Q1. The ratio fall, as 54 funds sold all Visa Inc shares owned while 562 reduced positions. 108 funds bought stakes while 500 increased positions. They now own 1.67 billion shares or 5.23% less from 1.76 billion shares in 2016Q1.
Sei has 1.29% invested in the company for 2.90 million shares. Ascend Cap Lc holds 255,677 shares or 1.24% of its portfolio. Pnc Serv Gru Incorporated accumulated 3.48 million shares or 0.3% of the stock. Guyasuta Inv Advsr last reported 0.03% of its portfolio in the stock. Churchill Mngmt last reported 0.19% of its portfolio in the stock. Axa owns 2.23M shares or 0.74% of their US portfolio. Quantitative Systematic Strategies Lc has 0.75% invested in the company for 20,919 shares. Sumitomo Mitsui Asset Management accumulated 545,898 shares or 1.23% of the stock. Ironbridge Mgmt Lp reported 391,345 shares or 1.27% of all its holdings. Vanguard Grp Inc accumulated 0.54% or 118.02M shares. West Coast Financial Ltd Llc reported 6,104 shares or 0.16% of all its holdings. Kelly Lawrence W & Assocs Ca holds 2.54% or 147,925 shares in its portfolio. Bridges Inv Counsel Inc has 0.87% invested in the company for 74,568 shares. The Virginia-based Mgmt Of Virginia Limited Liability Co has invested 0.51% in Visa Inc (NYSE:V). Johnson Investment Counsel Incorporated has invested 0.04% of its portfolio in Visa Inc (NYSE:V).

Visa Inc. is a payments technology company. The company has a market cap of $195.39 billion. The Firm and its subsidiaries, including Visa U.S.A. It has a 40.65 P/E ratio. Inc. , Visa International Service Association (Visa International), Visa Worldwide Pte.

V Company Profile

Visa Inc., incorporated on May 25, 2007, is a payments technology company. The Firm and its subsidiaries, including Visa U.S.A. Inc. (Visa U.S.A.), Visa International Service Association (Visa International), Visa Worldwide Pte. Limited, Visa Canada Corporation, Inovant LLC and CyberSource Corporation (CyberSource), operate a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions around the world. The Firm also offers fraud protection for account holders and rapid payment for merchants. The Firm provides its services to consumers, businesses, financial institutions and governments in over 200 countries and territories for electronic payments. The Firm provides a range of payment solutions that support payment products that issuers can offer to their account holders, including pay now with debit, pay ahead with prepaid or pay later with credit products. It also offers a suite of digital, e-commerce, person-to-person payments, and mobile services and products. These services facilitate transactions on its network among account holders, merchants, financial institutions and governments.

Another recent and important Visa Inc (NYSE:V) news was published by which published an article titled: “Visa Inc. to Announce Fiscal Fourth Quarter and Full-Year 2016 Financial …” on October 06, 2016.

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