Banco Bilbao Vizcaya Argentaria S.A. Has $5.81 Million Stock Position in Global Payments Inc. $GPN

Banco Bilbao Vizcaya Argentaria S.A. lessened its stake in Global Payments Inc. (NYSE:GPN) by 45.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,947 shares of the business services provider’s stock after selling 57,749 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Global Payments were worth $5,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of GPN. Vanguard Group Inc. grew its stake in shares of Global Payments by 0.6% during the third quarter. Vanguard Group Inc. now owns 23,542,460 shares of the business services provider’s stock valued at $1,955,908,000 after purchasing an additional 149,441 shares during the last quarter. Ameriprise Financial Inc. raised its position in Global Payments by 7.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,349,876 shares of the business services provider’s stock worth $610,633,000 after purchasing an additional 499,695 shares during the last quarter. Glenview Capital Management LLC lifted its holdings in Global Payments by 13.8% during the 2nd quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider’s stock worth $345,524,000 after buying an additional 523,209 shares in the last quarter. Norges Bank acquired a new position in Global Payments during the 2nd quarter worth $273,844,000. Finally, Balyasny Asset Management L.P. boosted its position in Global Payments by 112.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,281,476 shares of the business services provider’s stock valued at $189,545,000 after buying an additional 1,206,807 shares during the last quarter. 89.76% of the stock is owned by institutional investors.

Global Payments Stock Down 0.9%

Global Payments stock opened at $68.02 on Tuesday. The company’s 50 day simple moving average is $74.55 and its 200 day simple moving average is $79.23. Global Payments Inc. has a fifty-two week low of $65.93 and a fifty-two week high of $100.56. The firm has a market capitalization of $19.04 billion, a price-to-earnings ratio of 11.75, a PEG ratio of 0.38 and a beta of 0.73. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.69 and a quick ratio of 1.69.

Global Payments (NYSE:GPN) last issued its earnings results on Wednesday, February 18th. The business services provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.16 by $0.02. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. Global Payments had a net margin of 16.92% and a return on equity of 12.72%. The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.85 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, sell-side analysts anticipate that Global Payments Inc. will post 11.89 EPS for the current year.

Global Payments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 9th will be given a $0.25 dividend. The ex-dividend date is Monday, March 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.5%. Global Payments’s dividend payout ratio is currently 17.27%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GPN shares. TD Cowen reissued a “hold” rating on shares of Global Payments in a research note on Thursday, February 19th. Raymond James Financial raised Global Payments to a “moderate buy” rating in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft assumed coverage on Global Payments in a report on Wednesday, January 14th. They issued a “hold” rating and a $80.00 price target on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $97.00 price objective (up from $95.00) on shares of Global Payments in a research report on Thursday, February 19th. Finally, Stephens dropped their price objective on Global Payments from $95.00 to $90.00 and set an “equal weight” rating for the company in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $91.36.

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.