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Visa reported strong earnings and revenue growth, despite some investors reducing their stakes.
Investment firm 1832 Asset Management L.P. reduced its stake in Visa Inc. by 7.8%, while Circle Wealth Management LLC sold some shares, and Purus Wealth Management LLC increased its stake by 1.2%.
Visa reported earnings of $2.98 per share, surpassing estimates, with a revenue increase of 14.3% to $10.17 billion.
The company has a dividend yield of 0.7% and is rated a "Moderate Buy" with a target price of $380.84.
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Visa reportó fuertes ganancias y crecimiento de los ingresos, a pesar de que algunos inversores redujeron su participación.