Visa Inc (NYSE:V) Stock Price Down as Sentiment Worsens

Visa Inc. (NYSE:V) Logo

Sentiment for Visa Inc (NYSE:V)

Visa Inc (NYSE:V) institutional sentiment decreased to 0.94 in 2019 Q2. Its down -0.11, from 1.05 in 2019Q1. The ratio dived, as 675 hedge funds increased and started new holdings, while 721 sold and decreased equity positions in Visa Inc. The hedge funds in our partner’s database now have: 1.53 billion shares, down from 1.54 billion shares in 2019Q1. Also, the number of hedge funds holding Visa Inc in their top 10 holdings increased from 335 to 363 for an increase of 28. Sold All: 43 Reduced: 678 Increased: 531 New Position: 144.

Visa Inc. operates as a payments technology firm worldwide. The company has market cap of $397.13 billion. The firm facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It has a 34.04 P/E ratio. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

The stock decreased 0.40% or $0.72 during the last trading session, reaching $177.26. About 5.19 million shares traded. Visa Inc. (NYSE:V) has risen 30.42% since September 13, 2018 and is uptrending. It has outperformed by 30.42% the S&P500.

Analysts await Visa Inc. (NYSE:V) to report earnings on October, 23. They expect $1.43 EPS, up 18.18 % or $0.22 from last year’s $1.21 per share. V’s profit will be $3.20B for 30.99 P/E if the $1.43 EPS becomes a reality. After $1.37 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts 4.38 % EPS growth.

Hengistbury Investment Partners Llp holds 42.69% of its portfolio in Visa Inc. for 1.73 million shares. First Trust Bank Ltd. owns 28,620 shares or 16.3% of their US portfolio. Moreover, C Worldwide Group Holding A S has 14.56% invested in the company for 6.75 million shares. The Texas-based Windacre Partnership Llc has invested 14.22% in the stock. Cortland Associates Inc Mo, a Missouri-based fund reported 484,225 shares.

Since January 1, 0001, it had 1 buying transaction, and 0 insider sales for $171,130 activity.

Visa Inc. (NYSE:V) Ratings Coverage

Ratings analysis reveals 93% of Visa Inc’s analysts are positive. Out of 14 Wall Street analysts rating Visa Inc, 13 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $162 while the high is $21000. The stock’s average target of $192.07 is 8.35% above today’s ($177.26) share price. V was included in 22 notes of analysts from March 14, 2019. UBS maintained it with “Neutral” rating and $18300 target in Thursday, May 2 report. Nomura maintained Visa Inc. (NYSE:V) rating on Wednesday, July 24. Nomura has “Buy” rating and $20400 target. The firm earned “Overweight” rating on Thursday, April 25 by Morgan Stanley. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, July 11. The company was maintained on Wednesday, July 10 by Wells Fargo. On Thursday, April 25 the stock rating was maintained by Wedbush with “Outperform”. As per Wednesday, April 17, the company rating was maintained by Oppenheimer. Wedbush maintained the shares of V in report on Thursday, March 14 with “Buy” rating. The company was maintained on Wednesday, July 24 by Raymond James. The stock has “Buy” rating by Citigroup on Monday, September 9.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa closes on Verifi deal – Seeking Alpha” on September 12, 2019, also Finance.Yahoo.com with their article: “Wednesday’s Vital Data: Ford, Visa and Roku – Yahoo Finance” published on September 11, 2019, Fool.com published: “Is Visa Stock a Buy After Rising 34% in 2019? – The Motley Fool” on September 04, 2019. More interesting news about Visa Inc. (NYSE:V) were released by: Investorplace.com and their article: “10 Stocks to Buy for September – Investorplace.com” published on August 29, 2019 as well as Finance.Yahoo.com‘s news article titled: “3 Top Stocks in Temasek’s Portfolio – Yahoo Finance” with publication date: August 19, 2019.

Visa Inc. (NYSE:V) Institutional Positions Chart

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