Clifford Capital Partners LLC Makes New Investment in Global Payments Inc. $GPN

Clifford Capital Partners LLC purchased a new position in Global Payments Inc. (NYSE:GPN) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 280,146 shares of the business services provider’s stock, valued at approximately $21,683,000. Global Payments makes up about 3.7% of Clifford Capital Partners LLC’s holdings, making the stock its 9th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. DV Equities LLC purchased a new position in shares of Global Payments in the 4th quarter worth about $26,000. True Wealth Design LLC raised its holdings in shares of Global Payments by 183.6% in the 4th quarter. True Wealth Design LLC now owns 431 shares of the business services provider’s stock worth $33,000 after purchasing an additional 279 shares during the period. Torren Management LLC purchased a new position in shares of Global Payments in the 4th quarter worth about $34,000. Johnson Financial Group Inc. purchased a new position in shares of Global Payments in the 3rd quarter worth about $35,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of Global Payments by 87.5% in the 4th quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider’s stock worth $37,000 after purchasing an additional 223 shares during the period. 89.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GPN. The Goldman Sachs Group began coverage on Global Payments in a report on Monday, March 9th. They issued a “hold” rating and a $88.00 price objective on the stock. UBS Group restated a “neutral” rating and issued a $80.00 price objective on shares of Global Payments in a report on Thursday, May 7th. Raymond James Financial downgraded Global Payments from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. BTIG Research restated a “neutral” rating on shares of Global Payments in a report on Tuesday, June 9th. Finally, Citigroup cut their price objective on Global Payments from $110.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Five research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Global Payments currently has a consensus rating of “Hold” and a consensus price target of $84.73.

Global Payments Stock Performance

Shares of NYSE:GPN opened at $66.49 on Thursday. The company has a market cap of $18.19 billion, a P/E ratio of -32.59, a PEG ratio of 0.38 and a beta of 0.76. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.79 and a current ratio of 0.79. Global Payments Inc. has a one year low of $61.16 and a one year high of $90.64. The business’s 50-day simple moving average is $69.18 and its 200 day simple moving average is $72.93.

Global Payments (NYSE:GPN) last announced its earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, beating the consensus estimate of $2.82 by $0.14. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The company’s revenue was up 63.1% on a year-over-year basis. During the same period last year, the business posted $2.82 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, sell-side analysts forecast that Global Payments Inc. will post 13.88 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 26th. Investors of record on Friday, June 12th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, June 12th. Global Payments’s dividend payout ratio (DPR) is presently -49.02%.

Global Payments Company Profile

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.