Maestria Partners LLC Has $28.83 Million Stock Holdings in Shift4 Payments, Inc. $FOUR

Maestria Partners LLC raised its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 36.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 372,423 shares of the company’s stock after buying an additional 99,723 shares during the period. Shift4 Payments accounts for about 9.1% of Maestria Partners LLC’s portfolio, making the stock its 4th largest holding. Maestria Partners LLC’s holdings in Shift4 Payments were worth $28,826,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wasatch Advisors LP grew its holdings in shares of Shift4 Payments by 16.4% in the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock valued at $628,215,000 after acquiring an additional 890,990 shares in the last quarter. Durable Capital Partners LP boosted its position in Shift4 Payments by 12.6% during the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock valued at $660,612,000 after purchasing an additional 745,650 shares during the last quarter. Jennison Associates LLC grew its stake in Shift4 Payments by 25.6% in the third quarter. Jennison Associates LLC now owns 2,056,056 shares of the company’s stock valued at $159,139,000 after purchasing an additional 419,132 shares in the last quarter. Rice Hall James & Associates LLC increased its position in shares of Shift4 Payments by 71.3% during the 3rd quarter. Rice Hall James & Associates LLC now owns 584,231 shares of the company’s stock worth $45,219,000 after purchasing an additional 243,161 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Shift4 Payments by 16.6% in the second quarter. Alliancebernstein L.P. now owns 1,505,933 shares of the company’s stock valued at $149,253,000 after buying an additional 214,627 shares in the last quarter. 98.87% of the stock is owned by institutional investors.

Insider Activity at Shift4 Payments

In related news, insider James J. Whalen sold 1,438 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $71.50, for a total value of $102,817.00. Following the completion of the sale, the insider directly owned 54,736 shares in the company, valued at $3,913,624. The trade was a 2.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David Taylor Lauber sold 12,000 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total value of $828,000.00. Following the transaction, the chief executive officer owned 273,588 shares in the company, valued at $18,877,572. The trade was a 4.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 18,438 shares of company stock worth $1,278,317 in the last ninety days. 25.15% of the stock is owned by company insiders.

Shift4 Payments Stock Up 0.3%

Shares of FOUR opened at $66.19 on Friday. Shift4 Payments, Inc. has a 52 week low of $61.23 and a 52 week high of $127.50. The firm has a market cap of $5.87 billion, a P/E ratio of 31.08, a price-to-earnings-growth ratio of 0.57 and a beta of 1.66. The firm’s 50-day simple moving average is $66.56 and its 200 day simple moving average is $79.02. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.38 and a current ratio of 1.38.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.03). Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business earned $1.04 earnings per share. The company’s revenue was up 61.4% on a year-over-year basis. On average, analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

FOUR has been the topic of several analyst reports. UBS Group dropped their price target on shares of Shift4 Payments from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Loop Capital set a $80.00 price objective on shares of Shift4 Payments in a research note on Thursday, December 11th. The Goldman Sachs Group cut their target price on shares of Shift4 Payments from $95.00 to $83.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Oppenheimer reduced their price target on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Finally, Keefe, Bruyette & Woods dropped their price objective on Shift4 Payments from $84.00 to $72.00 and set a “market perform” rating on the stock in a research note on Friday, January 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Shift4 Payments has an average rating of “Moderate Buy” and an average target price of $92.25.

Shift4 Payments Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.