Visa Inc (NYSE:V).
Omers Administration Corp says it raised its position in Visa Inc by 1,400 shares as reported in a filing on 11/15/2017. Its investment was valued at $162,574,000 an increase of $17,835,000 as of the end of the quarter.
These firms have modified their investment in V. Bowen Hanes & Co Inc expanded its holdings by buying 750 shares an increase of 0.2% from 06/30/2017 to 09/30/2017. Bowen Hanes & Co Inc claims 313,362 shares with a value of $32,978,000. The value of the position overall is up by 12.5%. Provident Investment Management, Inc. divested its investment by shedding 12,115 shares a decrease of 2.9%. Provident Investment Management, Inc. controls 402,848 shares worth $42,396,000. The total value of its holdings increased 8.9%.
Baird Financial Group, Inc. bolstered its stake by buying 11,778 shares an increase of 1.6% in the quarter. Baird Financial Group, Inc. owns 748,953 shares valued at $78,820,000. The value of the position overall is up by 14.0%.
Equity analyst BMO Capital Markets raised the price target of the stock on October 26 changing the price objective from $116.00 to $134.00 with a “Outperform” recommendation. Buckingham Research raised the price target on October 26 boosting the projection from $129.00 to $130.00 and issued a “Buy” rating.
Morgan Stanley raised the price target on October 26 changing the forecast from $125.00 to $126.00 and stated a “Overweight” rating. Equity analyst Nomura raised the price target on October 26 changing the forecast from $120.00 to $126.00 and issued a “Buy” recommendation.
Barclays PLC raised the price target on October 26 boosting the projection from $123.00 to $128.00 with a rating of “Overweight”. Jefferies Group LLC raised the price target of the stock on October 30 changing the price objective from $125.00 to $127.00 and issued a “Buy” rating.
In the market the company is trading down since yesterday’s close of 111.98. The P/E ratio is currently 41.08 and the market value is 252.71B. In the latest earnings report the EPS was $2.69 with 1.82B shares now outstanding.
Investors are more bullish on shares of the company recently if you take a look at the fall in short interest. The company realized a fall in short interest of -0.54% as of the latest report on October 13, 2017. Short interest decreased from 30,098,798 to 29,937,552 over that timeframe. The short-interest ratio increased to 7.0 and the short interest percentage is 0.02% as of October 13.