Worldpay Inc (NYSE:WP) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 21,756,342 shares, a decline of 44.7% from the January 12th total of 39,317,275 shares. Based on an average trading volume of 8,681,800 shares, the short-interest ratio is presently 2.5 days.

WP has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Worldpay from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. BidaskClub downgraded shares of Worldpay from a “sell” rating to a “strong sell” rating in a report on Friday, October 20th. Stifel Nicolaus reaffirmed a “buy” rating and set a $85.00 price objective on shares of Worldpay in a report on Tuesday, October 24th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $74.00 price objective on shares of Worldpay in a report on Thursday, October 26th. Finally, Nomura dropped their price objective on shares of Worldpay from $85.00 to $83.00 and set a “buy” rating for the company in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-seven have issued a buy rating and one has issued a strong buy rating to the company. Worldpay currently has a consensus rating of “Buy” and a consensus target price of $82.80.

Shares of Worldpay (NYSE WP) traded up $0.77 during trading hours on Wednesday, hitting $74.29. 2,732,460 shares of the stock traded hands, compared to its average volume of 5,920,331. The company has a market capitalization of $13,290.96, a P/E ratio of 51.23, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 7.45. Worldpay has a 52-week low of $59.10 and a 52-week high of $82.07.

Several large investors have recently modified their holdings of the company. Quantitative Investment Management LLC bought a new position in shares of Worldpay during the fourth quarter valued at about $9,693,000. Navellier & Associates Inc purchased a new position in shares of Worldpay during the fourth quarter valued at about $3,503,000. Twin Tree Management LP purchased a new position in shares of Worldpay during the fourth quarter valued at about $651,000. Eagle Asset Management Inc. purchased a new position in shares of Worldpay during the fourth quarter valued at about $38,764,000. Finally, Boston Family Office LLC purchased a new position in shares of Worldpay during the fourth quarter valued at about $484,000.

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Worldpay Company Profile

Worldpay, Inc, formerly Vantiv, Inc, is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

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