3,118 Shares in Worldpay Inc (NYSE:WP) Bought by Sunbelt Securities Inc.

Sunbelt Securities Inc. bought a new position in Worldpay Inc (NYSE:WP) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,118 shares of the business services provider’s stock, valued at approximately $382,000.

Other institutional investors have also recently modified their holdings of the company. Allstate Corp bought a new position in Worldpay in the 1st quarter worth $461,000. Havens Advisors LLC boosted its holdings in Worldpay by 56.5% in the 2nd quarter. Havens Advisors LLC now owns 72,000 shares of the business services provider’s stock worth $8,824,000 after buying an additional 26,000 shares during the period. World Asset Management Inc boosted its holdings in Worldpay by 29.4% in the 2nd quarter. World Asset Management Inc now owns 9,234 shares of the business services provider’s stock worth $1,132,000 after buying an additional 2,100 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Worldpay by 10.4% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,977 shares of the business services provider’s stock worth $5,559,000 after buying an additional 4,610 shares during the period. Finally, Mint Tower Capital Management B.V. bought a new position in Worldpay in the 1st quarter worth $654,000. 90.76% of the stock is owned by institutional investors.

Several research analysts recently weighed in on WP shares. Citigroup set a $152.00 target price on shares of Worldpay and gave the stock a “buy” rating in a report on Friday, July 19th. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $119.00 target price on shares of Worldpay in a report on Friday, May 3rd. Craig Hallum downgraded shares of Worldpay from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Finally, Zacks Investment Research downgraded shares of Worldpay from a “buy” rating to a “hold” rating in a report on Friday, July 5th. Sixteen equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Worldpay currently has an average rating of “Hold” and a consensus price target of $114.39.

Shares of WP remained flat at $$135.00 during midday trading on Thursday. 19,553,400 shares of the company’s stock traded hands, compared to its average volume of 2,058,610. The business’s 50 day moving average price is $131.52. Worldpay Inc has a twelve month low of $70.41 and a twelve month high of $138.22. The company has a market cap of $42.01 billion, a PE ratio of 36.68, a PEG ratio of 2.26 and a beta of 0.75. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.69.

About Worldpay

Worldpay, Inc, through its subsidiary, Worldpay Holding, LLC, provides electronic payment processing services in the United States, Europe, Asia, and Australasia. It operates in two segments, Technology Solutions, Merchant Solutions, and Issuer Solutions. The company offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management.

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Institutional Ownership by Quarter for Worldpay (NYSE:WP)

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