ClariVest Asset Management LLC trimmed its holdings in shares of Worldpay Inc (NYSE:WP) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 546,433 shares of the business services provider’s stock after selling 25,531 shares during the quarter. Worldpay comprises about 0.9% of ClariVest Asset Management LLC’s holdings, making the stock its 25th largest position. ClariVest Asset Management LLC owned 0.18% of Worldpay worth $41,763,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of WP. CWM LLC grew its position in Worldpay by 124.7% during the fourth quarter. CWM LLC now owns 501 shares of the business services provider’s stock worth $38,000 after buying an additional 278 shares in the last quarter. Lavaca Capital LLC purchased a new position in Worldpay during the fourth quarter worth about $69,000. Mondrian Capital Management LLC purchased a new position in Worldpay during the fourth quarter worth about $76,000. Ipswich Investment Management Co. Inc. purchased a new position in Worldpay during the fourth quarter worth about $84,000. Finally, Ayalon Holdings Ltd. purchased a new position in Worldpay during the fourth quarter worth about $97,000. Institutional investors and hedge funds own 88.57% of the company’s stock.

NYSE WP opened at $85.70 on Monday. Worldpay Inc has a fifty-two week low of $70.41 and a fifty-two week high of $103.50. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $26.75 billion, a price-to-earnings ratio of 27.65, a price-to-earnings-growth ratio of 1.35 and a beta of 0.84.

Worldpay (NYSE:WP) last released its quarterly earnings data on Thursday, November 8th. The business services provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.02. Worldpay had a positive return on equity of 11.66% and a negative net margin of 3.99%. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter last year, the business posted $0.90 EPS. The business’s revenue was down 1.5% on a year-over-year basis. As a group, research analysts expect that Worldpay Inc will post 3.6 earnings per share for the current year.

A number of equities analysts have recently issued reports on WP shares. KeyCorp cut their price objective on Worldpay from $120.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, January 2nd. ValuEngine cut Worldpay from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Zacks Investment Research cut Worldpay from a “hold” rating to a “sell” rating in a report on Saturday, January 19th. Moffett Nathanson upgraded Worldpay from a “neutral” rating to a “buy” rating in a report on Monday, January 7th. Finally, Mizuho restated a “buy” rating and set a $100.00 target price on shares of Worldpay in a report on Thursday, January 3rd. Five research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $100.00.

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About Worldpay

Worldpay, Inc, through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States, Europe, and Asia. It operates in two segments, Merchant Services and Financial Institution Services. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to national merchants, and regional and small-to-mid sized businesses.

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Institutional Ownership by Quarter for Worldpay (NYSE:WP)

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