Visa Inc. (NYSE:V) is expected to pay $0.17 on Dec 6, 2016. The indicated annual dividend is $0.66. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Visa Inc.’s current price of $78.38, the dividend is 0.21%. This dividend’s record date is Nov 18, 2016 and the announcement date is Oct 20, 2016. The stock decreased 4.27% or $3.5 during the last trading session, hitting $78.38. Visa Inc (NYSE:V) has declined 1.67% since April 13, 2016 and is downtrending. It has underperformed by 5.60% the S&P500.
Visa Inc. is a payments technology company. The company has a market cap of $185.06 billion. The Firm and its subsidiaries, including Visa U.S.A. It has a 31.6 P/E ratio. Inc. , Visa International Service Association (Visa International), Visa Worldwide Pte.
Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.07, from 1.06 in 2016Q1. The ratio is negative, 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.
Fort Washington Investment Advsrs Oh last reported 11,540 shares in the company. Barclays Public Limited Company accumulated 0.21% or 2.14 million shares. Conning holds 0.15% of its portfolio in Visa Inc (NYSE:V) for 50,374 shares. Point72 Asset Limited Partnership holds 584,300 shares or 0.29% of its portfolio. Stillwater Invest Llc last reported 45,767 shares in the company. Moreover, Legal And General Group Public Limited Company has 0.66% invested in Visa Inc (NYSE:V) for 8.44M shares. Osborne Prtn Capital Limited Liability Corp has 8,619 shares for 0.1% of their US portfolio. Toth Advisory Corporation reported 16,737 shares or 0.38% of all its holdings. Texan Capital Mngmt holds 29,808 shares or 1.01% of its portfolio. Brave Asset Management last reported 0.06% of its portfolio in the stock. Tctc Holding Ltd Liability Com reported 12,932 shares or 0.07% of all its holdings. Moreover, Plante Moran Advsr Limited Liability Com has 0.41% invested in Visa Inc (NYSE:V) for 7,715 shares. Suffolk Mngmt Limited Liability Corporation holds 66,528 shares or 0.64% of its portfolio. Moreover, Nichols And Pratt Advisers Ltd Liability Partnership Ma has 0.09% invested in Visa Inc (NYSE:V) for 13,244 shares. Kingdon Cap Mgmt Ltd Liability Corp accumulated 0.8% or 196,833 shares.
Insider Transactions: Since October 28, 2016, the stock had 0 buys, and 2 sales for $65.42 million net activity. $1.53M worth of shares were sold by MCINERNEY RYAN on Tuesday, November 8. $63.88M worth of Visa Inc (NYSE:V) was sold by SCHARF CHARLES W on Friday, October 28.
Visa Inc (NYSE:V) Ratings Coverage
Out of 21 analysts covering Visa Inc. (NYSE:V), 14 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 67% are positive. Visa Inc. has been the topic of 37 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Friday, July 24 by RBC Capital Markets. As per Tuesday, October 25, the company rating was maintained by UBS. The firm has “Buy” rating by Guggenheim given on Thursday, October 8. RBC Capital Markets maintained Visa Inc (NYSE:V) rating on Friday, January 29. RBC Capital Markets has “Outperform” rating and $87 price target. JP Morgan maintained Visa Inc (NYSE:V) rating on Friday, August 14. JP Morgan has “Overweight” rating and $85 price target. The company was initiated on Thursday, December 17 by Sterne Agee CRT. The stock of Visa Inc (NYSE:V) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 3. Oppenheimer maintained the stock with “Outperform” rating in Monday, October 19 report. The stock has “Outperform” rating given by Wells Fargo on Thursday, October 22. Bank of America downgraded the shares of V in a report on Thursday, February 11 to “Neutral” rating.
More important recent Visa Inc (NYSE:V) news were published by: Seekingalpha.com which released: “A Dividend Growth Dream – Visa Checks All Of The Boxes” on November 14, 2016, also Fool.com published article titled: “Better Buy: Visa Inc. vs. American Express”, Fool.com published: “Visa Inc. Earnings Surge 28%” on October 26, 2016. More interesting news about Visa Inc (NYSE:V) was released by: Reuters.com and their article: “Visa CEO Charles Scharf to resign, ex-AmEx president to take over” with publication date: October 17, 2016.
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.
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