YHB Investment Advisors Inc. has a stake of $ 20.87 million in Visa Inc. (NYSE: V)

YHB Investment Advisors Inc. reduced its stake in Visa Inc. (NYSE: V – Get Rating) by 2.1% in the first quarter, reports Holdings Channel. The institutional investor owns 94,116 shares of credit card processor shares after selling 2,049 shares during the period. Visa represents approximately 1.8% of YHB Investment Advisors Inc.’s portfolio, making the shares the 10th largest position. The holdings of YHB Investment Advisors Inc. in Visa were worth $ 20,872,000 at the time of its last submission to the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares in the company. Outfitter Financial LLC bought a new stake in Visa in the 4th quarter worth $ 27,000. Blue Bell Private Wealth Management LLC bought a new stake in Visa in the 4th quarter worth $ 32,000. Rise Advisors LLC bought a new stake in Visa in the 4th quarter worth $ 35,000. Disciplined Investments LLC increased its stake in Visa by 500.0% in the 4th quarter. Disciplined Investments LLC now owns 168 shares of the $ 36,000 credit card processor after buying an additional 140 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. increased its stake in Visa by 50.0% in the 4th quarter. Stuart Chaussee & Associates Inc. now owns 168 shares of credit card processor shares worth $ 36,000 after buying an additional 56 shares in the last quarter. 80.77% of the shares are owned by institutional investors.

In related news, President Ryan Maxinerney sold 6,466 shares of Visa in a deal on Monday, March 28th. The shares were sold at an average price of $ 220.00, for a total value of $ 1,422,520.00. The transaction was disclosed in a document submitted to the Securities and Exchange Commission, which is available at this link. Also, CEO Alfred F. Kelly Jr. sold 9,000 shares of Visa in a deal on Friday, April 29. The shares were sold at an average price of $ 218.62, for a total value of $ 1,967,580.00. Following the completion of the transaction, the CEO now owns 165,887 shares of the company’s shares worth approximately $ 36,266,215.94. The disclosure for this sale can be found here. Over the past ninety days, insiders have sold 39,933 shares of the company worth $ 8,745,055. Insiders own 0.21% of the company’s shares.

A number of stock analysts have recently issued reports on V stocks. Credit Suisse Group raised its target price for Visa from $ 260.00 to $ 265.00 and gave the shares a rating “superior” in a research note on Wednesday, April 27. Evercore ISI raised its Visa price target from $ 304.00 to $ 310.00 and gave the stock a “superior” rating in a research note on Wednesday (April 27th). StockNews.com upgraded Visa from a hold rating to a buy rating in a research note on Thursday, April 28th. Barclays lowered its Visa price target from $ 265.00 to $ 260.00 and set an “overweight” rating for the shares in a research note on Monday (April 4th). Finally, the Goldman Sachs Group began covering Visa in a research note on Tuesday, May 17th. They issued a “buy” rating and a target price of $ 282.00 per share. Five investment analysts rated the shares with a retention rating, and twenty-one issued a rating to buy the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buying” and an average target price of $ 267.44.

NYSE: V opened at $ 205.51 on Friday. The company has a fast ratio of 1.29, a current ratio of 1.29 and a debt to equity ratio of 0.53. The 50-day simple moving average of the business is $ 204.67, and its simple two-day moving average is $ 212.20. The shares have a market capitalization of $ 390.73 billion, a PE ratio of 32.31, a P / E / G ratio of 1.67 and a beta ratio of 0.90. Visa Inc. has a 52-week low of $ 185.91 and a 52-week high of $ 252.67.

Visa (NYSE: V – Get Rating) last published its results for the quarterly earnings on Tuesday, April 26. The credit card processor reported $ 1.79 EPS for the quarter, beating analysts’ consensus estimates of $ 1.65 by $ 0.14. Visa had a return on equity of 42.89% and a net profit of 51.10%. The business had revenue of $ 7.19 billion for the quarter, compared to analysts’ expectations of $ 6.82 billion. During the same period last year, the company earned $ 1.38 earnings per share. Quarterly business revenues increased by 25.5% on an annual basis. Sales analysts predict that Visa Inc. will report 7.16 earnings per share for the current fiscal year.

The company also recently announced a three-month dividend, which was paid on Wednesday (June 1st). The record shareholders on Friday, May 13, received a dividend of $ 0.375. The date of the former dividend was Thursday, May 12. This represents a $ 1.50 annual dividend and a dividend yield of 0.73%. Visa’s dividend payout ratio (DPR) is 23.58%.

About Visa (Get a rating)

Visa Inc operates as a payment technology company worldwide. The company facilitates digital payments between consumers, merchants, financial institutions, businesses, strategic partners and government organizations. It manages VisaNet, a transaction processing network that allows the authorization, clearing and settlement of payment transactions.

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Want to see what other hedge funds hold V? Visit HoldingsChannel.com to receive the latest 13F requests and internal deals for Visa Inc. (NYSE: V – Get rating).

Institutional ownership by quarter for Visa (NYSE: V)

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