TCW Group reduced its Visa holdings slightly in Q1, but the stock remains valued at $245.41 million.

TCW Group Inc., an investment firm, slightly reduced its Visa Inc. holdings in Q1, selling shares but still holding $245.41 million worth of stock as its eighth-largest holding. Visa reported strong Q1 earnings, with EPS of $2.76 and revenue of $9.59 billion, both beating estimates. The company offers various payment solutions and has a market cap of $658.60 billion. Despite some insider selling, Visa remains a favored stock with a "Moderate Buy" rating and a target price of $375.52.