Global Payments Inc. (NYSE:GPN) Stock Holdings Increased by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC grew its stake in Global Payments Inc. (NYSE:GPN - Free Report) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 576,000 shares of the business services provider's stock after acquiring an additional 10,000 shares during the quarter. Capitolis Liquid Global Markets LLC owned about 0.23% of Global Payments worth $64,547,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Optiver Holding B.V. purchased a new stake in shares of Global Payments during the fourth quarter worth about $28,000. Whipplewood Advisors LLC purchased a new stake in Global Payments in the 4th quarter worth approximately $37,000. Quintet Private Bank Europe S.A. acquired a new position in Global Payments in the 4th quarter valued at $38,000. Manchester Capital Management LLC lifted its stake in shares of Global Payments by 177.5% during the 4th quarter. Manchester Capital Management LLC now owns 469 shares of the business services provider's stock worth $53,000 after purchasing an additional 300 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of Global Payments by 374.2% during the fourth quarter. Brown Brothers Harriman & Co. now owns 569 shares of the business services provider's stock worth $64,000 after purchasing an additional 449 shares during the last quarter. Institutional investors and hedge funds own 89.76% of the company's stock.

Global Payments Stock Performance

Shares of GPN stock traded up $0.90 on Friday, hitting $80.47. 2,434,197 shares of the stock traded hands, compared to its average volume of 2,426,104. The company's fifty day moving average is $86.87 and its 200 day moving average is $102.37. Global Payments Inc. has a 1-year low of $65.93 and a 1-year high of $120.00. The company has a market capitalization of $19.79 billion, a PE ratio of 13.02, a PEG ratio of 0.86 and a beta of 0.96. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.93.

Global Payments (NYSE:GPN - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The business services provider reported $2.82 earnings per share for the quarter, beating analysts' consensus estimates of $2.73 by $0.09. Global Payments had a net margin of 15.54% and a return on equity of 12.21%. The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter in the prior year, the firm earned $2.59 EPS. The company's revenue for the quarter was down .3% compared to the same quarter last year. On average, equities research analysts predict that Global Payments Inc. will post 11.89 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Friday, June 13th. Global Payments's payout ratio is 16.13%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GPN. JPMorgan Chase & Co. cut their price objective on shares of Global Payments from $115.00 to $85.00 and set a "neutral" rating on the stock in a report on Wednesday. Cowen lowered Global Payments from a "buy" rating to a "hold" rating in a research report on Monday, April 21st. Evercore ISI began coverage on Global Payments in a research report on Wednesday, April 9th. They set an "in-line" rating and a $85.00 price target for the company. Keefe, Bruyette & Woods raised their price objective on Global Payments from $78.00 to $81.00 and gave the stock a "market perform" rating in a report on Wednesday. Finally, Wolfe Research reiterated a "peer perform" rating on shares of Global Payments in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, nineteen have given a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $112.09.

Global Payments Company Profile

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.