Pendal Group Ltd Boosts Stake in Visa
December 28, 2022
Trending News ☀️
Visa enables innovation, drives economic growth and helps individuals, businesses and economies flourish. With its secure, reliable and convenient payment solutions, Visa has become the world’s leader in digital payments. Recently, the Pendal Group Ltd., an Australian-based investment manager, increased its ownership of Visa Inc ($NYSE:V). stock. The increase in ownership of Visa Inc. stock by Pendal Group Ltd. is indicative of their confidence in the company’s future growth and performance.
With the increasing popularity of digital payments and its secure and reliable payment solutions, Visa Inc. has experienced consistent growth over the past few years. This increase in ownership is likely to benefit the company in the long run as it will help to further strengthen its position in the global payments market.
Price History
On Tuesday, Pendal Group Ltd released news that it had increased its stake in Visa Inc. This announcement had a positive impact on the stock market, with VISA INC stock opening at $205.9 and closing at $206.3, up by 0.2% from the previous closing price of $205.8. This news was well-received in the media, with the sentiment being mostly positive. Visa Inc is a global payments technology company, working to connect consumers, businesses, financial institutions and governments around the world. The company is one of the most valuable payment networks in the world and is widely trusted by consumers and merchants alike.
The increased stake by Pendal Group Ltd is seen as a vote of confidence in VISA INC’s future. It is also a sign that the company is in a strong financial position and is well-positioned to capitalize on opportunities in the global payments market. With its strong market position and a focus on innovation, VISA INC is well-placed to continue to grow and expand its reach in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Visa Inc. More…
| Total Revenues | Net Income | Net Margin |
| 29.31k | 14.96k | 53.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Visa Inc. More…
| Operations | Investing | Financing |
| 18.85k | -4.29k | -12.7k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Visa Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 85.5k | 49.92k | 16.89 |
Key Ratios Snapshot
Some of the financial key ratios for Visa Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.5% | 8.5% | 63.7% |
| FCF Margin | ROE | ROA |
| 61.0% | 32.8% | 13.7% |
VI Analysis
It is strong in dividend, growth, profitability, and weak in asset. It is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. Investors who are interested in such companies are likely to be those looking for long-term growth and stability, as well as those who are looking for a good dividend yield. With regard to its financial health, VISA INC has a score of 9/10, which reflects its ability to pay off debt and fund future operations. This indicates that the company is likely to remain in a strong financial position in the future. In addition, VISA INC has a good track record of profitability and dividend payments, which can provide investors with a steady return on investment. Overall, VISA INC is a strong company with a good track record of delivering strong returns and stability to investors. It has a good score with regard to its financial health and is likely to remain in a strong financial position in the future. Investors who are looking for long-term growth and stability, as well as those who are looking for a good dividend yield, are likely to find VISA INC an attractive option. More…
VI Peers
In the world of electronic payments, there are four major players: Visa Inc, Mastercard Inc, PayPal Holdings Inc, and American Express Co. All four of these companies are in constant competition with one another to gain market share. While Visa and Mastercard are the traditional giants in the industry, PayPal and American Express have been making inroads in recent years.
– Mastercard Inc ($NYSE:MA)
Mastercard Inc is a technology company that connects consumers, financial institutions, merchants, governments and businesses around the world, enabling them to use secure and convenient electronic transactions. As of 2022, Mastercard Inc has a market cap of 287.75B and a ROE of 110.3%. The company operates in two segments: Global Payment Solutions and Data & Services.
– PayPal Holdings Inc ($NASDAQ:PYPL)
Founded in 1998, PayPal Holdings, Inc. is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants. PayPal has over 300 million active customers and handles over $232 billion in total payment volume on an annual basis. The company operates as a payment processor for online vendors, auction sites, and other commercial users, for which it charges a fee. In addition, PayPal offers a credit product called “Bill Me Later,” which allows customers to finance their online purchases.
– American Express Co ($NYSE:AXP)
American Express Co is a multinational financial services corporation with a market cap of 107.94B as of 2022. The company is headquartered in Three World Financial Center in New York City. American Express Co is best known for its credit card, charge card, and traveler’s cheque businesses.
Summary
Investing in Visa Inc. (VISA) has become more attractive recently, with Pendal Group Ltd increasing its stake in the company. Media sentiment towards the stock has been largely positive, with investors viewing the company as having strong potential for growth and success. In particular, Visa’s focus on digital payments and its status as a leader in the field have been highlighted as key drivers of the stock’s recent performance.
Analysts agree that Visa is well positioned to benefit from continued global economic expansion, as well as from an ever-growing demand for digital payment solutions. With its impressive financials, broad customer base, and strong leadership team, Visa is an attractive long-term investment for many investors.
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