1 week Ago By Defense World Staff
Global Payments Inc. ( NYSE:GPN – Get Free Report )’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $105.
89 and traded as high as $112.43. Global Payments shares last traded at $112.
06, with a volume of 938,433 shares. Wall Street Analyst Weigh In Several research firms have commented on GPN. Monness Crespi & Hardt decreased their price target on shares of Global Payments from $165.
00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. William Blair lowered shares of Global Payments from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 25th.
The Goldman Sachs Group increased their price target on shares of Global Payments from $135.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 2nd.
BMO Capital Markets decreased their price target on shares of Global Payments from $126.00 to $122.00 and set a “market perform” rating for the company in a research report on Wednesday, September 25th.
Finally, StockNews.com lowered shares of Global Payments from a “buy” rating to a “hold” rating in a research report on Wednesday, December 25th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock.
According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $138.55. Get Our Latest Research Report on GPN Global Payments Stock Up 1.
1 % Global Payments Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.25 dividend.
The ex-dividend date was Friday, December 13th. This represents a $1.00 dividend on an annualized basis and a yield of 0.
89%. Global Payments’s payout ratio is currently 18.83%.
Insider Buying and Selling at Global Payments In related news, Director Robert H. B. Baldwin, Jr.
purchased 5,800 shares of Global Payments stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of $116.00 per share, for a total transaction of $672,800.
00. Following the acquisition, the director now directly owns 42,738 shares in the company, valued at approximately $4,957,608. The trade was a 15.
70 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . 0.
98% of the stock is currently owned by insiders. Institutional Inflows and Outflows Several institutional investors have recently modified their holdings of GPN. Principal Financial Group Inc.
increased its position in shares of Global Payments by 2.8% during the 3rd quarter. Principal Financial Group Inc.
now owns 299,137 shares of the business services provider’s stock worth $30,638,000 after purchasing an additional 8,078 shares during the last quarter. B. Riley Wealth Advisors Inc.
raised its holdings in Global Payments by 10.6% in the 3rd quarter. B.
Riley Wealth Advisors Inc. now owns 8,569 shares of the business services provider’s stock valued at $873,000 after buying an additional 819 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in Global Payments in the 3rd quarter valued at about $25,000.
Franklin Resources Inc. raised its holdings in Global Payments by 1.5% in the 3rd quarter.
Franklin Resources Inc. now owns 5,499,729 shares of the business services provider’s stock valued at $564,437,000 after buying an additional 83,481 shares during the period. Finally, Peapack Gladstone Financial Corp purchased a new stake in Global Payments in the 3rd quarter valued at about $253,000.
Hedge funds and other institutional investors own 89.76% of the company’s stock. Global Payments Company Profile ( Get Free Report ) 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. Featured Articles Five stocks we like better than Global Payments Investing in Construction Stocks Work and Play: Investing in the Rise of Bleisure Travel What is a Secondary Public Offering? What Investors Need to Know Top Dividend Stocks to Buy Now as Bond Yields Could Lower Stock Average Calculator SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Global Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Payments and related companies with MarketBeat.
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