Proficio Capital Partners LLC Invests $5.94 Million in Global Payments Inc. (NYSE:GPN)

On March 17, 2025, it was reported that Proficio Capital Partners LLC made a substantial investment in Global Payments Inc. (NYSE:GPN). Specifically, the investment firm acquired a new stake, purchasing 53,026 shares of the company’s stock in the fourth quarter. The total value of this investment was approximately $5,942,000.

In addition to Proficio Capital Partners, several other institutional investors have also recently bought and sold shares of Global Payments Inc. For instance, Beaird Harris Wealth Management LLC established a new position in the company during the third quarter, valued around $25,000. Similarly, Whipplewood Advisors LLC acquired shares worth $37,000 in the fourth quarter, and Quintet Private Bank Europe S.A. made a new investment worth $38,000 at the same time. LRI Investments LLC significantly increased its holdings in Global Payments by 94.4% during the third quarter, now owning 517 shares valued at $53,000 following the purchase of an additional 251 shares. Furthermore, Manchester Capital Management LLC raised its position by 177.5% during the fourth quarter, now holding 469 shares valued at $53,000 after acquiring an extra 300 shares. It is noteworthy that 89.76% of Global Payments stock is owned by institutional investors and hedge funds.

Recent Analyst Ratings

Several analysts have recently provided their insights on Global Payments shares. Citigroup adjusted its price target for the company, lowering it from $138.00 to $135.00 while maintaining a "buy" rating as of February 18. On the other hand, Stephens downgraded Global Payments from an "overweight" to an "equal weight" rating and reduced their price objective from $125.00 to $120.00 on January 10. Barclays lowered its target price from $135.00 to $125.00, while reaffirming an "overweight" rating on February 18. Goldman Sachs also updated its recommendation, maintaining a "neutral" rating and setting a target price at $122.00, down from $155.00 as of January 9. Morgan Stanley subsequently reduced its price target from $166.00 to $163.00, retaining an "overweight" rating on February 14. In total, on MarketBeat.com, one analyst suggested a sell rating, eleven advised holding, and fifteen recommended buying the stock. The consensus rating is currently set at "Moderate Buy" with an average price target of $134.33.

Performance of Global Payments Stock

As of the latest trading session, Global Payments stock (NYSE:GPN) opened at $94.15. The company’s fifty-day moving average stands at $106.05, while the 200-day moving average is at $108.16. Key financial ratios include a quick ratio of 0.93, a current ratio of 0.97, and a debt-to-equity ratio of 0.66. With a market capitalization of $23.31 billion, the stock shows a price-to-earnings (P/E) ratio of 15.23 and a P/E to growth (P/E/G) ratio of 0.86. Over the past year, the stock recorded a low of $90.99 and a high of $136.36.

Global Payments Dividend Announcement

Recently, Global Payments declared a quarterly dividend, which is set to be paid on March 28. Shareholders who were on record as of March 14 will receive a dividend of $0.25 per share. This amounts to an annualized dividend of $1.00, translating to a dividend yield of 1.06%. The ex-dividend date is also March 14, and the current payout ratio stands at 16.18%.

About Global Payments

Global Payments Inc. provides a diverse range of payment technology and software solutions designed for card, check, and digital payments, serving customers across the Americas, Europe, and the Asia-Pacific region. The company's operations are divided into two primary segments: Merchant Solutions, which offers various payment services including authorization and settlement, and Issuer Solutions.

Investment, Stocks, GlobalPayments