Worldpay Inc (NYSE:WP) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lowered its stake in Worldpay Inc (NYSE:WP) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,537 shares of the business services provider’s stock after selling 1,515 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Worldpay were worth $6,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Cornerstone Advisors Inc. grew its holdings in shares of Worldpay by 23.4% in the 2nd quarter. Cornerstone Advisors Inc. now owns 474 shares of the business services provider’s stock valued at $58,000 after buying an additional 90 shares during the period. Catalyst Capital Advisors LLC lifted its position in shares of Worldpay by 28.1% during the first quarter. Catalyst Capital Advisors LLC now owns 501 shares of the business services provider’s stock worth $57,000 after purchasing an additional 110 shares during the last quarter. Alps Advisors Inc. lifted its position in shares of Worldpay by 2.5% during the first quarter. Alps Advisors Inc. now owns 5,484 shares of the business services provider’s stock worth $622,000 after purchasing an additional 136 shares during the last quarter. First Hawaiian Bank lifted its position in shares of Worldpay by 2.1% during the second quarter. First Hawaiian Bank now owns 7,137 shares of the business services provider’s stock worth $875,000 after purchasing an additional 145 shares during the last quarter. Finally, Concorde Asset Management LLC lifted its position in shares of Worldpay by 4.2% during the first quarter. Concorde Asset Management LLC now owns 3,987 shares of the business services provider’s stock worth $453,000 after purchasing an additional 161 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Several research firms have recently weighed in on WP. Citigroup set a $152.00 target price on Worldpay and gave the stock a “buy” rating in a research report on Friday, July 19th. Cantor Fitzgerald restated a “hold” rating and issued a $119.00 price objective on shares of Worldpay in a report on Friday, May 3rd. Zacks Investment Research downgraded Worldpay from a “buy” rating to a “hold” rating in a report on Friday, July 5th. Finally, Craig Hallum downgraded Worldpay from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Sixteen equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Worldpay has an average rating of “Hold” and a consensus target price of $114.54.



Shares of NYSE:WP opened at $135.00 on Friday. Worldpay Inc has a 12-month low of $70.41 and a 12-month high of $138.22. The company has a market capitalization of $42.01 billion, a PE ratio of 36.68, a PEG ratio of 2.26 and a beta of 0.75. The business has a 50 day moving average of $131.75 and a two-hundred day moving average of $114.85. 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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