Harris Associates L P Adds $37M in Global Payments Inc. ($GPN)
Key Points
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Harris Associates L P increased its position in Global Payments Inc. ($GPN) by 4.47% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,855,322 shares of Global Payments Inc. after buying 506,961 shares during the quarter. Harris Associates L P's holdings in Global Payments Inc. were worth $860.22 million as of its most recent filing.
Global Payments Inc. Stock Down 21.0%
Shares of Global Payments Inc. ($GPN) traded around $72.56 on Saturday, down 21.0% for the day.
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About Global Payments Inc.
Global Payments Inc. provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It offers authorization, settlement and funding, customer support, chargeback resolution, reconciliation and dispute management, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services. The company also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added solutions and services, such as point-of-sale software, analytics and customer engagement, payroll and reporting, and human capital management. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, independent sales organizations, payment facilitators, and financial institutions. The company was founded in 1967 and is headquartered in Atlanta, Georgia.
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