Corpay, Inc $CPAY is Vantage Investment Partners LLC’s 8th Largest Position

Vantage Investment Partners LLC raised its stake in shares of Corpay, Inc (NYSE:CPAY) by 2.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 171,571 shares of the corporate payments company’s stock after purchasing an additional 4,577 shares during the period. Corpay accounts for 3.4% of Vantage Investment Partners LLC’s portfolio, making the stock its 8th largest position. Vantage Investment Partners LLC owned about 0.25% of Corpay worth $49,925,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. MV Capital Management Inc. purchased a new stake in shares of Corpay during the 4th quarter valued at $25,000. Leonteq Securities AG purchased a new position in shares of Corpay in the 4th quarter worth $27,000. BOKF NA boosted its holdings in Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock valued at $28,000 after acquiring an additional 94 shares during the last quarter. Torren Management LLC purchased a new stake in Corpay during the fourth quarter valued at about $29,000. Finally, DV Equities LLC purchased a new stake in Corpay during the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insiders Place Their Bets

In related news, Director Steven T. Stull sold 1,000 shares of Corpay stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the sale, the director owned 28,241 shares of the company’s stock, valued at $10,188,787.98. The trade was a 3.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Armando Lins Netto sold 70,476 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the transaction, the insider owned 11,274 shares in the company, valued at $3,969,913.62. This represents a 86.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 88,677 shares of company stock worth $31,304,091. Corporate insiders own 5.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Weiss Ratings upgraded Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Loop Capital started coverage on Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 target price for the company. Robert W. Baird dropped their target price on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Oppenheimer reaffirmed an “outperform” rating and set a $388.00 price target on shares of Corpay in a research report on Friday, May 8th. Finally, Wall Street Zen upgraded shares of Corpay from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $383.07.

Corpay Stock Up 0.8%

Shares of CPAY stock traded up $2.70 during trading hours on Friday, reaching $353.86. The company had a trading volume of 419,700 shares, compared to its average volume of 715,017. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. Corpay, Inc has a twelve month low of $252.84 and a twelve month high of $367.43. The company has a market capitalization of $23.13 billion, a P/E ratio of 21.18, a price-to-earnings-growth ratio of 0.97 and a beta of 0.88. The stock’s fifty day simple moving average is $348.23 and its 200 day simple moving average is $330.32.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Thursday, May 14th. The corporate payments company reported ($0.01) EPS for the quarter. The company had revenue of $5.63 million for the quarter. Corpay had a return on equity of 38.68% and a net margin of 24.60%. As a group, sell-side analysts expect that Corpay, Inc will post 25.49 earnings per share for the current fiscal year.

About Corpay

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.