NS Partners Ltd Reduces Stake in Visa Inc.
NS Partners Ltd, a financial institution, has reduced its stake in Visa Inc. (NYSE:V) by 6.0% in the second quarter, according to the company's most recent 13F filing with the Securities and Exchange Commission.
The firm owned 143,029 shares of Visa's stock after selling 9,070 shares during the period. The credit-card processor accounts for approximately 2.1% of NS Partners Ltd's holdings, making it its 13th biggest position.
Visa's current market capitalization is $676.60 billion, with a P/E ratio of 32.24 and a beta of 0.74. The stock has a 52-week low of $293.89 and a 52-week high of $385.57.