Shift4 Payments, Inc. (NYSE:FOUR) Insider Sells $18,330.00 in Stock

Shift4 Payments, Inc. (NYSE:FOUR) insider James J. Whalen sold 195 shares of the stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $94.00, for a total value of $18,330.00. Following the completion of the sale, the insider now owns 57,118 shares in the company, valued at approximately $5,369,092. This trade represents a 0.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shift4 Payments Trading Up 0.9 %

Shares of FOUR opened at $94.48 on Thursday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. Shift4 Payments, Inc. has a 52-week low of $55.87 and a 52-week high of $127.50. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 1.04 and a beta of 1.76. The business’s fifty day moving average is $109.61 and its 200-day moving average is $99.11.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.16 by $0.06. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The firm had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. Equities analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Institutional Trading of Shift4 Payments

Hedge funds have recently added to or reduced their stakes in the stock. Wasatch Advisors LP lifted its stake in shares of Shift4 Payments by 50.8% in the 3rd quarter. Wasatch Advisors LP now owns 5,883,186 shares of the company’s stock valued at $521,250,000 after acquiring an additional 1,980,940 shares during the last quarter. Vanguard Group Inc. raised its position in Shift4 Payments by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company’s stock valued at $678,668,000 after purchasing an additional 562,774 shares during the last quarter. Cat Rock Capital Management LP bought a new position in Shift4 Payments in the fourth quarter valued at about $39,222,000. Darlington Partners Capital Management LP grew its holdings in shares of Shift4 Payments by 17.2% during the fourth quarter. Darlington Partners Capital Management LP now owns 2,510,014 shares of the company’s stock worth $260,489,000 after purchasing an additional 367,500 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Shift4 Payments by 41.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company’s stock valued at $127,689,000 after buying an additional 350,703 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FOUR shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Shift4 Payments in a research report on Monday, February 3rd. They issued a “hold” rating and a $120.00 price objective on the stock. Morgan Stanley reduced their price objective on Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating for the company in a report on Thursday, February 27th. DA Davidson lowered their target price on Shift4 Payments from $140.00 to $124.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Benchmark downgraded Shift4 Payments from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Finally, Oppenheimer reduced their target price on shares of Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Seven investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.00.

About Shift4 Payments

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.