Capitolis Liquid Global Markets LLC Reduces Stock Holdings in Global Payments Inc. $GPN

Capitolis Liquid Global Markets LLC trimmed its position in shares of Global Payments Inc. (NYSE:GPN) by 78.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,500 shares of the business services provider’s stock after selling 399,800 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in Global Payments were worth $9,263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of GPN. North Star Investment Management Corp. lifted its position in shares of Global Payments by 242.2% during the 3rd quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock valued at $26,000 after buying an additional 218 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Global Payments in the 3rd quarter worth about $27,000. SouthState Bank Corp purchased a new stake in Global Payments in the 3rd quarter worth about $28,000. REAP Financial Group LLC bought a new stake in Global Payments in the 3rd quarter valued at about $28,000. Finally, Johnson Financial Group Inc. bought a new stake in Global Payments in the 3rd quarter valued at about $35,000. 89.76% of the stock is owned by hedge funds and other institutional investors.

Global Payments Trading Down 2.4%

Shares of GPN opened at $68.64 on Monday. Global Payments Inc. has a twelve month low of $65.93 and a twelve month high of $100.56. The stock has a market cap of $19.21 billion, a PE ratio of 11.86, a P/E/G ratio of 0.38 and a beta of 0.73. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.83. The business’s 50-day moving average price is $74.73 and its 200-day moving average price is $79.37.

Global Payments (NYSE:GPN) last released its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.02. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.32 billion. Global Payments had a net margin of 16.92% and a return on equity of 12.72%. Global Payments’s revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business earned $2.85 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, equities analysts forecast that Global Payments Inc. will post 11.89 EPS for the current fiscal year.

Global Payments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 9th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, March 9th. Global Payments’s payout ratio is 17.27%.

Wall Street Analyst Weigh In

GPN has been the subject of a number of research reports. The Goldman Sachs Group started coverage on shares of Global Payments in a research report on Monday, March 9th. They set a “hold” rating and a $88.00 target price for the company. Wells Fargo & Company boosted their price target on shares of Global Payments from $103.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Zacks Research upgraded shares of Global Payments to a “hold” rating in a research note on Tuesday, November 18th. BNP Paribas Exane raised their price objective on shares of Global Payments from $73.00 to $76.00 and gave the stock an “underperform” rating in a report on Thursday, February 19th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $97.00 target price (up from $95.00) on shares of Global Payments in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $91.36.

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.