Visa Shareholders Experience Major Shifts as Greenland Trims Stake
Visa Inc., the global payments technology company, has experienced significant changes in its shareholder base. Greenland Capital Management LP, a fund manager, has trimmed its position in Visa by 56.1% in the second quarter, according to the company's most recent disclosure with the Securities & Exchange Commission.
The fund owned 6,449 shares of the credit-card processor's stock after selling 8,231 shares during the quarter. Greenland Capital Management LP's holdings in Visa were worth $2,213,000 as of its most recent SEC filing.
This is not an isolated incident; several institutional investors and hedge funds have recently modified their holdings of V. XXEC Inc., a significant player in this sector, increased its holdings in Visa by 153,118.8% in the second quarter, now owning 186,260,448 shares worth $63,904,097,000.
The market capitalization of Visa is $662.18 billion, with a PE ratio of 31.56 and a P/E/G ratio of 1.99. The company has a debt-to-equity ratio of 0.60 and a quick ratio of 0.99.