Global Pmts INC (GPN) Shareholder Paradice Investment Management LLC Decreased Its Stake by $7.09 Million

June 27, 2018 - By Madeline Delgado

Global Payments Inc. (NYSE:GPN) Corporate LogoBig Money Sentiment decreased to 1 in Q1 2018. It has change of 0.18, from 2017Q4’s 1.18. The ratio worsened due to GPN positioning: 16 sold and 170 reduced. 63 funds took holdings and 123 increased holdings. Investors holded 150.74 million in 2017Q4 but now own 149.44 million shares or 0.86% less. Wellington Group Llp holds 0.36% in Global Payments Inc. (NYSE:GPN) or 14.41M shs. Putnam Investments Limited Liability Corp stated it has 0% of its capital in Global Payments Inc. (NYSE:GPN). Capital Advisors Limited Limited Company reported 72 shs. 49,071 were reported by Gulf Interest Fincl Bank (Uk). Prudential reported 175,382 shs. Commonwealth Of Pennsylvania School Empls Retrmt Systems accumulated 14,240 shs. Zeke Advisors Ltd Liability stated it has 0.03% of its capital in Global Payments Inc. (NYSE:GPN). Guardian Trust Co holds 571,453 shs. Stevens Cap Mgmt Limited Partnership invested 0.29% in Global Payments Inc. (NYSE:GPN). Aviva Public Ltd Company reported 0.05% in Global Payments Inc. (NYSE:GPN). Icon Advisers Incorporated Com has 0.08% invested in Global Payments Inc. (NYSE:GPN) for 9,700 shs. Mitsubishi Ufj Trust & has invested 0.06% in Global Payments Inc. (NYSE:GPN). Alliancebernstein Lp, New York-based fund reported 256,144 shs. Penn Cap Management holds 0.09% or 10,713 shs. Duncker Streett & owns 800 shs.

GPN registered $8.83 million net activity with 0 insider purchases and 22 insider sales since January 16, 2018. SILBERSTEIN ALAN M sold $63,630 worth of Global Payments Inc. (NYSE:GPN) on Thursday, January 18. On Monday, May 7 a trade for 6,250 shs valued at $712,692 was made by MARSHALL RUTH ANN. On Monday, March 12 BALDWIN ROBERT H B JR sold $1.18 million worth of Global Payments Inc. (NYSE:GPN) or 10,000 shs. On Friday, May 11 Green David Lawrence also sold $255,953 worth of Global Payments Inc. (NYSE:GPN).

Based on the latest 2018Q1 regulatory filing with the SEC, Paradice Investment Management Llc decreased its stake in Global Pmts Inc (GPN) by 11.87%. By selling 63,905 shares Paradice Investment Management Llc made the stock sank with 2.61%. The business services company announced $52.92 million value for the 2018Q1. Now the institutional investor is holding 474,494 shares, compared to the 538,399 from the previous quarter. For a total of 861,908 shares it increased its holding in Verifone Sys Inc (NYSE:PAY) by 284,437 shares in the quarter, and has risen its stake in Faro Technologies Inc (NASDAQ:FARO).

Global Payments Inc. (NYSE:GPN)’s earnings report is anticipated by WallStreet on August, 2, Faxor reports. Analysts forecast $1.16 earnings per share, which is $0.27 up or 30.34 % from 2017’s $0.89 earnings per share. If GPN’s EPS is $1.16 the profit will reach $185.07 million for 23.69 P/E. Wall Street predicts 8.41 % EPS growth as of August, 2.

There’s an important Global Payments Inc. (NYSE:GPN) news posted by Globenewswire.com. It’s an item titled: “New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las …” on June 12, 2018.

Global Payments Inc. (NYSE:GPN) Ratings Coverage

In total 21 analysts cover Global Payments Inc (NYSE:GPN). “Buy” rating has 16, “Sell” are 1, while 4 are “Hold”. 76% are bullish. With $135.0 highest and $92 lowest target Global Payments Inc has $122.63 average target or 11.55% above the current ($109.93) price. 27 are the (NYSE:GPN)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Thursday, February 15 the firm has “Buy” rating by Stephens given. On Thursday, February 15 SunTrust maintained the shares of GPN in report with “Buy” rating. On Thursday, March 1 the stock has “Buy” rating by Cowen & Co. On Thursday, February 15 the stock has “Buy” rating by Keefe Bruyette & Woods. On Wednesday, February 21 the rating was maintained by Bank of America with “Buy”. On Thursday, February 15 the company was maintained by Robert W. Baird. On Thursday, February 15 the stock has “Buy” rating by Cowen & Co. In Friday, May 4 report Morgan Stanley maintained the stock with “Equal-Weight” rating. The stock rating was maintained by KeyBanc Capital Markets with “Overweight” on Friday, March 2. On Thursday, January 18 the stock of Global Payments Inc. (NYSE:GPN) has “Hold” rating given by Piper Jaffray.

Global Payments Inc. (NYSE:GPN) Institutional Investors Chart

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