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Visa's stock gained major investor support, with strong Q3 earnings and a raised dividend.
Visa Inc. saw increased stock holdings by major investors like Global Wealth Strategies & Associates and Trust Co of the South, with its institutional ownership reaching 82.15%.
The company reported strong Q3 earnings, beating analyst expectations with $2.71 EPS and $9.62 billion in revenue.
Analysts have given Visa a "Moderate Buy" consensus rating with an average price target of $328.41.
Visa also raised its quarterly dividend to $0.59.
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Las acciones de Visa ganaron un importante apoyo de los inversores, con fuertes ganancias de Q3 y un dividendo aumentado.