Secor Capital Advisors LP Cut Its Exxon Mobil (Put) (XOM) Position; Global Payments (GPN)’s Sentiment Is 1.18

March 20, 2018 - By Adrian Erickson

Global Payments Inc. provides payment solutions for credit cards, debit cards, electronic payments, and check-related services. The company has market cap of $18.76 billion. It operates in three divisions: North America, Europe, and Asia-Pacific. It has a 39.16 P/E ratio. The companyÂ’s services include authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, on-line reporting, industry compliance, and payment card industry security services.

Secor Capital Advisors Lp decreased Exxon Mobil Corp (Put) (XOM) stake by 64.4% reported in 2017Q3 SEC filing. Secor Capital Advisors Lp sold 23,700 shares as Exxon Mobil Corp (Put) (XOM)’s stock rose 0.21%. The Secor Capital Advisors Lp holds 13,100 shares with $1.07 million value, down from 36,800 last quarter. Exxon Mobil Corp (Put) now has $313.86 billion valuation. The stock decreased 0.15% or $0.11 during the last trading session, reaching $74.04. About 8.18 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since March 20, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

The stock increased 1.12% or $1.31 during the last trading session, reaching $117.86. About 523,704 shares traded. Global Payments Inc. (GPN) has risen 21.35% since March 20, 2017 and is uptrending. It has outperformed by 4.65% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 15 sales for $6.91 million activity.

Ratings analysis reveals 78% of Global Payment’s analysts are positive. Out of 9 Wall Street analysts rating Global Payment, 7 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $76.0 while the high is $88.0. The stock’s average target of $82.57 is -29.94% below today’s ($117.86) share price. GPN was included in 9 notes of analysts from September 9, 2016. Guggenheim initiated Global Payments Inc. (NYSE:GPN) on Tuesday, December 20 with “Buy” rating. On Thursday, September 15 the stock rating was upgraded by Goldman Sachs to “Buy”. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, October 7. On Tuesday, January 10 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by Deutsche Bank with “Buy” on Thursday, October 6. The rating was initiated by Cantor Fitzgerald on Friday, January 27 with “Overweight”. The stock of Global Payments Inc. (NYSE:GPN) has “Buy” rating given on Tuesday, November 15 by Compass Point. The stock of Global Payments Inc. (NYSE:GPN) earned “Outperform” rating by Wedbush on Friday, September 9. The stock of Global Payments Inc. (NYSE:GPN) earned “Equal Weight” rating by Barclays Capital on Friday, September 30.

Paradice Investment Management Llc holds 4.62% of its portfolio in Global Payments Inc. for 647,995 shares. Sandhill Capital Partners Llc owns 237,266 shares or 4.39% of their US portfolio. Moreover, Jlb & Associates Inc has 2.42% invested in the company for 104,103 shares. The New York-based Junto Capital Management Lp has invested 2.4% in the stock. Stellar Capital Management Llc, a Arizona-based fund reported 35,483 shares.

Since December 11, 2017, it had 0 insider buys, and 4 insider sales for $3.42 million activity. Corson Bradley W also sold $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, December 11. Shares for $200,293 were sold by Wascom Dennis G. $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Chapman Neil A on Thursday, December 14. Shares for $606,082 were sold by Milton Bryan W on Tuesday, December 12.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.01, from 0.85 in 2017Q2. It dived, as 57 investors sold XOM shares while 806 reduced holdings. 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Pacific Heights Asset Mngmt Limited Company accumulated 200,000 shares or 1.56% of the stock. Stonebridge Cap Advsrs Ltd Limited Liability Company has 70,644 shares. Credit Suisse Ag holds 0.51% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 6.35M shares. Dowling Yahnke Ltd Com, a California-based fund reported 120,376 shares. Cornerstone Advisors invested 1.28% in Exxon Mobil Corporation (NYSE:XOM). Univest Corporation Of Pennsylvania reported 21,599 shares. Lingohr Partner Asset Mgmt Gmbh has invested 0.22% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Hgk Asset Mngmt reported 4,254 shares or 0.05% of all its holdings. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.9% in Exxon Mobil Corporation (NYSE:XOM) or 266,379 shares. Hoertkorn Richard Charles, California-based fund reported 11,655 shares. Vnbtrust Association holds 1.24% or 38,130 shares in its portfolio. Meeder Asset Mgmt owns 118,052 shares or 1.05% of their US portfolio. Diversified Communication reported 32,482 shares. Koshinski Asset Mgmt Inc reported 25,849 shares. Alpine Glob Management Ltd Liability Co invested in 0.12% or 4,932 shares.

Secor Capital Advisors Lp increased Alphabet Inc stake by 6,972 shares to 9,372 valued at $9.13 million in 2017Q3. It also upped First Comwlth Finl Corp Pa (NYSE:FCF) stake by 131,731 shares and now owns 258,309 shares. Armour Residential Reit Inc was raised too.

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