Bryn Mawr Trust Advisors LLC Sells 22,868 Shares of Global Payments Inc. $GPN

Bryn Mawr Trust Advisors LLC reduced its position in shares of Global Payments Inc. (NYSE:GPN) by 76.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,873 shares of the business services provider’s stock after selling 22,868 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in Global Payments were worth $463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in GPN. Strive Financial Group LLC purchased a new position in Global Payments during the fourth quarter worth about $25,000. DV Equities LLC purchased a new stake in shares of Global Payments in the 4th quarter valued at 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 valued at $33,000 after acquiring an additional 279 shares in the last quarter. Torren Management LLC bought a new stake in shares of Global Payments during the 4th quarter valued at about $34,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of Global Payments during the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Global Payments Stock Up 3.0%

Shares of GPN opened at $78.18 on Thursday. The firm has a market cap of $21.39 billion, a P/E ratio of -38.32, a P/E/G ratio of 0.43 and a beta of 0.76. The stock has a 50 day simple moving average of $70.67 and a two-hundred day simple moving average of $71.88. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. Global Payments Inc. has a 1 year low of $61.16 and a 1 year high of $90.64.

Global Payments (NYSE:GPN) last posted its quarterly earnings results on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping the consensus estimate of $2.82 by $0.14. The firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.81 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business’s revenue was up 63.1% compared to the same quarter last year. During the same period last year, the firm posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, analysts forecast that Global Payments Inc. will post 13.84 earnings per share for the current fiscal year.

Global Payments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.3%. Global Payments’s dividend payout ratio (DPR) is currently -49.02%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GPN shares. Keefe, Bruyette & Woods decreased their price objective on shares of Global Payments from $90.00 to $76.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 7th. BMO Capital Markets initiated coverage on shares of Global Payments in a research report on Tuesday, April 21st. They set a “market perform” rating and a $76.00 target price for the company. BNP Paribas Exane cut their price target on shares of Global Payments from $64.00 to $60.00 and set an “underperform” rating for the company in a research note on Friday, April 10th. UBS Group reissued a “neutral” rating and issued a $80.00 price target on shares of Global Payments in a report on Thursday, May 7th. Finally, Citigroup lowered their price objective on shares of Global Payments from $110.00 to $90.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Four analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $83.33.

Global Payments 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.