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Visa Inc (V)’s Still A Buy. Recognize.

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Visa Inc (NYSE:V) has experienced some drama of late, but a select group of investors you need to watch think that there’s more gains in store.

If you were to ask many of your fellow readers, hedge funds are perceived as useless, old financial tools of a period lost to current times. Although there are over 8,000 hedge funds in operation in present day, this site focuses on the crème de la crème of this club, about 525 funds. Analysts calculate that this group controls the majority of the hedge fund industry’s total assets, and by monitoring their highest quality equity investments, we’ve revealed a number of investment strategies that have historically outstripped the S&P 500. Our small-cap hedge fund strategy outstripped the S&P 500 index by 18 percentage points per annum for a decade in our back tests, and since we’ve began to sharing our picks with our subscribers at the end of August 2012, we have outclassed the S&P 500 index by 33 percentage points in 11 months (find a sample of our picks).

Equally as key, optimistic insider trading activity is another way to look at the investments you’re interested in. As the old adage goes: there are lots of stimuli for an executive to cut shares of his or her company, but just one, very obvious reason why they would initiate a purchase. Several empirical studies have demonstrated the valuable potential of this strategy if piggybackers know what to do (learn more here).

Visa Inc (NYSE:V)

Keeping this in mind, we’re going to study the newest info about Visa Inc (NYSE:V).

What have hedge funds been doing with Visa Inc (NYSE:V)?

In preparation for the third quarter, a total of 91 of the hedge funds we track held long positions in this stock, a change of 3% from the first quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a few notable hedge fund managers who were upping their holdings significantly.

Out of the hedge funds we follow, John H. Scully’s SPO Advisory Corp had the largest position in Visa Inc (NYSE:V), worth close to $677.5 million, comprising 9.1% of its total 13F portfolio. Sitting at the No. 2 spot is Harris Associates, managed by Natixis Global Asset Management, which held a $649.6 million position; the fund has 1.4% of its 13F portfolio invested in the stock. Some other hedgies that are bullish include Ken Fisher’s Fisher Asset Management, John Armitage’s Egerton Capital Limited and Andreas Halvorsen’s Viking Global.

As industrywide interest increased, certain money managers have jumped into Visa Inc (NYSE:V) headfirst. SPO Advisory Corp, managed by John H. Scully, assembled the largest position in Visa Inc (NYSE:V). SPO Advisory Corp had 677.5 million invested in the company at the end of the quarter. Ken Fisher’s Fisher Asset Management also initiated a $628.8 million position during the quarter. The other funds with brand new V positions are John Armitage’s Egerton Capital Limited, Andreas Halvorsen’s Viking Global, and Rob Citrone’s Discovery Capital Management.

How have insiders been trading Visa Inc (NYSE:V)?

Bullish insider trading is at its handiest when the company in focus has experienced transactions within the past 180 days. Over the latest six-month time period, Visa Inc (NYSE:V) has experienced zero unique insiders purchasing, and 4 insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Visa Inc (NYSE:V). These stocks are Verisk Analytics, Inc. (NASDAQ:VRSK), Fidelity National Information Services (NYSE:FIS), Fiserv, Inc. (NASDAQ:FISV), Moody’s Corporation (NYSE:MCO), and Mastercard Inc (NYSE:MA). This group of stocks belong to the business services industry and their market caps resemble V’s market cap.

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