Nadler Financial Group Inc. Has $814,000 Holdings in Visa Inc. (NYSE:V)

Nadler Financial Group Inc. lifted its stake in shares of Visa Inc. (NYSE:V) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,576 shares of the credit-card processor’s stock after buying an additional 149 shares during the period. Nadler Financial Group Inc.’s holdings in Visa were worth $814,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of V. Peterson Financial Group Inc. acquired a new stake in Visa in the third quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in Visa in the fourth quarter valued at $26,000. Reston Wealth Management LLC acquired a new stake in Visa in the third quarter valued at $31,000. Modus Advisors LLC acquired a new stake in Visa in the fourth quarter valued at $32,000. Finally, West Financial Advisors LLC increased its holdings in Visa by 101.4% in the third quarter. West Financial Advisors LLC now owns 145 shares of the credit-card processor’s stock valued at $40,000 after purchasing an additional 73 shares during the period. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Price Performance

Shares of NYSE V opened at $345.31 on Wednesday. Visa Inc. has a twelve month low of $252.70 and a twelve month high of $351.25. The stock’s 50 day moving average price is $318.40 and its 200-day moving average price is $293.81. The company has a market capitalization of $643.27 billion, a PE ratio of 34.81, a PEG ratio of 2.30 and a beta of 0.97. The company has a quick ratio of 1.28, a current ratio of 1.12 and a debt-to-equity ratio of 0.45.

Visa (NYSE:V) last announced its earnings results on Thursday, January 30th. The credit-card processor reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Visa had a return on equity of 54.79% and a net margin of 54.27%. On average, equities analysts anticipate that Visa Inc. will post 11.2 EPS for the current year.

Visa Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 11th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.68%. Visa’s payout ratio is presently 23.79%.

Insider Transactions at Visa

In other Visa news, CEO Ryan Mcinerney sold 8,620 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $317.78, for a total transaction of $2,739,263.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Paul D. Fabara sold 2,171 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $307.97, for a total transaction of $668,602.87. Following the sale, the insider now directly owns 17,894 shares in the company, valued at $5,510,815.18. The trade was a 10.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,983 shares of company stock worth $7,213,146 in the last 90 days. Insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on V. Bank of America increased their price objective on Visa from $331.00 to $363.00 and gave the company a “neutral” rating in a report on Friday, January 31st. Mizuho increased their price target on Visa from $279.00 to $292.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Robert W. Baird increased their price target on Visa from $330.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods increased their price target on Visa from $360.00 to $400.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Finally, Morgan Stanley increased their price target on Visa from $326.00 to $371.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Four analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Visa presently has an average rating of “Moderate Buy” and a consensus price target of $354.73.

Visa Profile

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.