Global Payments Inc. (NYSE:GPN) is expected to pay $0.01 on Nov 25, 2016. The indicated annual dividend is $0.04. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Global Payments Inc.’s current price of $70.81, the dividend is 0.01%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 5, 2016. The stock increased 0.47% or $0.33 on November 4, hitting $70.81. Global Payments Inc (NYSE:GPN) has risen 8.69% since April 5, 2016 and is uptrending. It has outperformed by 6.73% the S&P500.
Global Payments Inc. is a provider of payment technology services. The company has a market cap of $10.88 billion. The Firm provides payment and digital commerce solutions. It has a 36.34 P/E ratio. The Firm operates through three divisions: North America, Europe and Asia-Pacific.
Insitutional Activity: The institutional sentiment increased to 1.86 in Q2 2016. Its up 1.12, from 0.74 in 2016Q1. The ratio increased, as 35 funds sold all Global Payments Inc shares owned while 113 reduced positions. 95 funds bought stakes while 180 increased positions. They now own 147.05 million shares or 14.50% more from 128.43 million shares in 2016Q1.
Burney Com holds 287,003 shares or 1.47% of its portfolio. Huntington Financial Bank owns 98 shares or 0% of their US portfolio. The Wisconsin-based Annex Advisory Serv Ltd Co has invested 0.07% in Global Payments Inc (NYSE:GPN). Veritable L P last reported 27,519 shares in the company. First Manhattan holds 0% of its portfolio in Global Payments Inc (NYSE:GPN) for 2,000 shares. Fdx Inc owns 7,297 shares or 0.02% of their US portfolio. Kanaly Trust has 0% invested in the company for 97 shares. Private Advisor Gp Limited Liability Company accumulated 10,414 shares or 0.03% of the stock. Lpl Lc holds 0.01% of its portfolio in Global Payments Inc (NYSE:GPN) for 10,529 shares. The Massachusetts-based Massachusetts Serv Ma has invested 0.19% in Global Payments Inc (NYSE:GPN). Jpmorgan Chase & holds 0.02% or 1.28 million shares in its portfolio. First Republic Investment accumulated 2,945 shares or 0% of the stock. Prescott Gru Capital Limited Liability Co accumulated 20,400 shares or 0.35% of the stock. Utah Retirement owns 27,976 shares or 0.05% of their US portfolio. Spectrum Mngmt Gp reported 17,417 shares or 0.51% of all its holdings.
Insider Transactions: Since June 13, 2016, the stock had 0 insider buys, and 14 selling transactions for $13.35 million net activity. $1.08M worth of Global Payments Inc (NYSE:GPN) was sold by Sacchi Guido Francesco. The insider JACOBS WILLIAM I sold 6,360 shares worth $478,336. The insider MANGUM DAVID E sold $1.74 million. Shares for $480,285 were sold by BALDWIN ROBERT H B JR. 5,702 Global Payments Inc (NYSE:GPN) shares with value of $427,992 were sold by Green David Lawrence.
Global Payments Inc (NYSE:GPN) Ratings Coverage
Out of 24 analysts covering Global Payments Inc. (NYSE:GPN), 19 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 79% are positive. Global Payments Inc. has been the topic of 48 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Equal-Weight” rating given on Wednesday, May 4 by Barclays Capital. JP Morgan maintained it with “Overweight” rating and $131 target price in Friday, August 14 report. The rating was maintained by Oppenheimer on Thursday, October 8 with “Outperform”. The firm has “Outperform” rating by Wedbush given on Friday, September 9. The company was maintained on Wednesday, August 19 by Oppenheimer. Stifel Nicolaus upgraded Global Payments Inc (NYSE:GPN) rating on Friday, November 4. Stifel Nicolaus has “Buy” rating and $85 price target. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, October 21. The stock of Global Payments Inc (NYSE:GPN) has “Equal Weight” rating given on Friday, September 30 by Barclays Capital. The firm has “Buy” rating by Citigroup given on Thursday, April 7. The firm has “Outperform” rating by Robert W. Baird given on Thursday, October 6.
Another recent and important Global Payments Inc (NYSE:GPN) news was published by Fool.com which published an article titled: “Why Global Payments Inc. Jumped on Wednesday” on April 06, 2016.
GPN Company Profile
Global Payments Inc., incorporated on October 1, 2000, is a well-known provider of payment technology services. The Firm provides payment and digital commerce solutions. The Firm operates through three divisions: North America, Europe and Asia-Pacific. The Company’s divisions primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. It target clients in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. It provides services across a range of channels to merchants and partners in over 30 countries throughout North America, Europe, the Asia-Pacific region and Brazil.
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