| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 8.31% | 136,813,171 |
| BlackRock Fund Advisors | 4.79% | 78,812,040 |
| SSgA Funds Management, Inc. | 4.45% | 73,178,816 |
| T. Rowe Price Associates, Inc. (I... | 3.10% | 51,061,764 |
What percentage of visa shares are owned by institutional investors?
Institutional investors hold the majority of Visa shares at about 80.7% of total shares outstanding. 8
Is visa a good long-term stock to own?
Since it generally mirrors the state of the economy, which an overwhelming amount of the time expands rather than contracts, Visa is great long-term stock to own. Its top position makes it hard to compete with, and it can provide security and stability to a balanced portfolio.
What was the name of the company that visa acquired?
^ "Press Release | Visa Corporate | Visa Inc". pressreleases.visa.com. Retrieved June 24, 2016. ^ "Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation". TechCrunch. Retrieved January 13, 2020.
Is visa a publicly held company?
Paul Solman: Visa is a publicly held company as of last year, when its stock was sold in the largest Initial Public Offering in history, after being owned by thousands of institutions, mainly banks. MasterCard Worldwide went public in an IPO in 2006. The Discover Card is was owned by Morgan Stanley; it is now an independent financial company.
Is Visa stock good to buy?
On key earnings and sales metrics, Visa stock earns an EPS Rating of 91 out of 99, and an SMR Rating of A. The EPS rating reflects a company's health on fundamental earnings, and its SMR Rating measures sales growth, profit margins and return on equity.
Is Visa stock a buy sell or hold?
Visa has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 19 buy ratings, 5 hold ratings, and no sell ratings.
What ETF holds Visa?
Unlock all 398 ETFs with exposure to Visa Inc. Class A (V)TickerETFWeightingIYJiShares U.S. Industrials ETF7.20%IPAYETFMG Prime Mobile Payments ETF6.45%SHESPDR SSGA Gender Diversity Index ETF5.50%TMFEMotley Fool Capital Efficiency 100 Index ETF5.46%21 more rows
Is Visa listed on the Nasdaq?
Visa Inc. (V) Stock Price, Quote, News & History | Nasdaq.
Is Visa stock going to split?
Visa Continues To Dominate, Announces 4 For 1 Stock Split.
Where is Visa stock headed?
Visa Inc (NYSE:V) The 32 analysts offering 12-month price forecasts for Visa Inc have a median target of 270.00, with a high estimate of 310.00 and a low estimate of 225.00. The median estimate represents a +25.55% increase from the last price of 215.05.
What is the best fintech stock?
In addition to Paypal Holdings, Inc. (NASDAQ:PYPL), Fiserv, Inc. (NASDAQ:FISV) and Global Payments Inc. (NYSE:GPN), Kaspi.kz JSC is one of the best fintech stocks to buy now.
Who are the stakeholders of Visa corporation?
Visa regularly engages with various stakeholder groups, including shareholders, clients, third-party environmental, social and governance (ESG) research firms, interest groups and others, to execute our corporate responsibility strategy.
What is a good fintech ETF?
The 4 Best Fintech ETFsFINX – Global X Fintech ETF. FINX from Global X is the oldest fund in this space and has over $1 billion in assets. ... ARKF – ARK Fintech Innovation ETF. ... IPAY – ETFMG Prime Mobile Payments ETF. ... TPAY – Tortoise Digital Payments Infrastructure Fund.
Does Visa pay a dividend?
Visa (NYSE:V) pays quarterly dividends to shareholders.
What is the ticker symbol for Visa?
Visa (V) Dips More Than Broader Markets: What You Should Know. In the latest trading session, Visa (V) closed at $209.93, marking a -1.06% move from the previous day.
What stock sector is Visa?
payments technology companyVisa Inc. operates as a payments technology company worldwide. The company facilitates digital payments among consumers, merchants, financial institutions, businesses, strategic partners, and government entities.
Rajat Taneja
Rajat Taneja owns 250,856 shares of Visa, representing 0.01% of all outstanding shares. 3 Taneja is president of Technology for Visa, a role that oversees the company's technology innovation and investment, product engineering, global IT, and similar operations.
Alfred F. Kelly
Alfred F. Kelly owns 165,087 shares of Visa, representing 0.01% of all outstanding shares. 3 Kelly has been CEO of Visa since December of 2016 and has been chair of the company's board of directors since April of 2019. Prior to his arrival at Visa, he held senior positions at companies including American Express Co. ( AXP ).
Vasant M. Prabhu
Vasant M. Prabhu owns 73,633 shares of Visa, representing less than 0.01% of all outstanding shares. 3 Prabhu is Visa's chief financial officer, a position he has held since February 2015. He is also vice chair of the company's board since May 2019. Prabhu oversees financial strategies, planning, and reporting, among other related operations.
Vanguard Group Inc
Vanguard Group owns 145.2 million shares of Visa, representing 6.6% of total shares outstanding, according to the company's 13F filing for the period ending September 30, 2020. 9 The company is primarily a mutual fund and ETF management company with about $6.2 trillion in global AUM.
BlackRock Inc
BlackRock owns 127.4 million shares of Visa, representing 5.8% of total shares outstanding, according to the company's 13F filing as of September 30, 2020. 9 The company is primarily a mutual fund and ETF management company with approximately $7.8 trillion in AUM. 12 The iShares U.S. Financial Services ETF ( IYG) owns Visa.
T. Rowe Price Associates Inc
T. Rowe Price owns 75.9 million shares of Visa, representing 3.4% of total shares outstanding, according to the company's 13F filing as of September 30, 2020. 9 The company is an investment management firm offering portfolio management, equities, fixed income, asset allocation, and financial advisory services.
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.
When did MasterCard go public?
MasterCard Worldwide went public in an IPO in 2006. The Discover Card is was owned by Morgan Stanley; it is now an independent financial company. (Please see update below.) As to American Express, your guess is as good as mine. (Just kidding.)
What would happen if credit card holders defaulted?
So, if cardholders default in large numbers, the banks would be hurt before the credit card companies. However, since credit card accounts were often pooled and sold off by banks to investors as securities, in the same way mortgage-backed securities were — as CREDIT CARD -backed securities — it’s not clear how badly the banks would be hurt.
When was Visa founded?
Visa was founded in 1958 and has retained its core business model of facilitating payments between consumers and businesses. 2 In the decades since its founding, however, Visa has dramatically expanded its reach.
How does Visa make money?
Instead, Visa makes its profits by selling services as a middleman between financial institutions and merchants. The company does not profit from the interest charged on Visa-branded card payments, which instead goes to the card-issuing financial institutions.
The largest payments network is still growing
Jennifer grew up in New York and parlayed her finance and public administration degrees into helping good causes with non-profit work. She has now turned her focus to helping investors lead happier and richer lives at The Motley Fool.
Powering payments
Visa's network facilitates payments from consumers to merchants and takes a small fee from each transaction. The sheer number of people who use Visa credit cards demonstrates the company's dominance in the market -- there are currently 3.6 billion Visa cards in use, which translates into almost half the world's population.
Fintech revolution
One of the ways Visa is protecting its top spot in credit card processing is acquiring and making deals with fintech partners. Its proposed acquisition of Plaid, a private company that connects financial apps with institutions, was scrapped after it was given a no-go by regulators.
Rewarding investors
At Monday's prices, Visa's stock has gained roughly 190% over the past five years, almost double the S&P 500 index. While it's trailing the broader market over the past year, it's still up nearly 15% as it's dealt with the weight of the pandemic.
Overview
History
On September 18, 1958, Bank of America (BofA) officially launched its BankAmericard credit card program in Fresno, California. In the weeks leading up to the launch of BankAmericard, BofA had saturated Fresno mailboxes with an initial mass mailing (or "drop", as they came to be called) of 65,000 unsolicited credit cards. BankAmericard was the brainchild of BofA's in-house …
Finance
For the fiscal year 2018, Visa reported earnings of US$10.3 billion, with an annual revenue of US$20.61 billion, an increase of 12.3% over the previous fiscal cycle. Visa's shares traded at over $143 per share, and its market capitalization was valued at over US$280.2 billion in September 2018. As of 2018, the company ranked 161st on the Fortune 500 list of the largest United States corporations by revenue.
Criticism and controversy
Visa Europe began suspending payments to WikiLeaks on December 7, 2010. The company said it was awaiting an investigation into 'the nature of its business and whether it contravenes Visa operating rules' – though it did not go into details. In return DataCell, the IT company that enables WikiLeaks to accept credit and debit card donations, announced that it would take legal action against Visa Europe. On December 8, the group Anonymous performed a DDoS attack on visa.co…
Corporate affairs
In 2009, Visa moved its corporate headquarters back to San Francisco when it leased the top three floors of the 595 Market Street office building, although most of its employees remained at its Foster City campus. In 2012, Visa decided to consolidate its headquarters in Foster City where 3,100 of its 7,700 global workers are employed. Visa owns four buildings at the intersection of Metro Center Boulevard and Vintage Park Drive.
Operations
Visa offers through its issuing members the following types of cards:
• Debit cards (pay from a checking/savings account)
• Credit cards (pay monthly payments with or without interest depending on a customer paying on time)
• Prepaid cards (pay from a cash account that has no check writing privileges)
Products
Depending on the geographical location, Visa card issuer issue the following tiers of cards, from the lowest to the highest :
• Traditional/Classic/Standard
• Gold
• Platinum
Trademark and design
The blue and gold in Visa's logo were chosen to represent the blue sky and gold-colored hills of California, where the Bank of America was founded.
In 2005, Visa changed its logo, removing the horizontal stripes in favor of a simple white background with the name Visa in blue with an orange flick on the 'V'. The orange flick was removed in favor of the logo being a solid blue gradient in 2014. In 2015, the gold and blue stripe…