CenterBook Partners LP Reduces Holdings in Repay Holdings Corporation $RPAY

CenterBook Partners LP reduced its position in Repay Holdings Corporation (NASDAQ:RPAY) by 46.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 517,915 shares of the company’s stock after selling 449,174 shares during the quarter. CenterBook Partners LP’s holdings in Repay were worth $1,890,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Repay during the 3rd quarter worth $26,000. EverSource Wealth Advisors LLC raised its position in shares of Repay by 224.4% in the second quarter. EverSource Wealth Advisors LLC now owns 10,433 shares of the company’s stock valued at $50,000 after buying an additional 7,217 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of Repay in the second quarter worth about $62,000. Tower Research Capital LLC TRC boosted its position in Repay by 138.8% during the second quarter. Tower Research Capital LLC TRC now owns 14,333 shares of the company’s stock worth $69,000 after acquiring an additional 8,331 shares during the last quarter. Finally, Focus Partners Wealth purchased a new stake in Repay during the 3rd quarter valued at about $78,000. Hedge funds and other institutional investors own 82.73% of the company’s stock.

Repay Trading Down 0.6%

RPAY opened at $3.43 on Wednesday. The stock has a market capitalization of $325.71 million, a PE ratio of -1.12 and a beta of 1.86. Repay Holdings Corporation has a one year low of $2.30 and a one year high of $6.05. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.79 and a current ratio of 1.79. The business’s 50 day moving average price is $3.42 and its 200 day moving average price is $3.35.

Repay (NASDAQ:RPAY) last posted its earnings results on Monday, May 4th. The company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. Repay had a positive return on equity of 10.45% and a negative net margin of 82.73%.The company had revenue of $80.79 million for the quarter, compared to the consensus estimate of $80.48 million. As a group, equities research analysts expect that Repay Holdings Corporation will post 0.69 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Canaccord Genuity Group decreased their target price on shares of Repay from $12.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Benchmark dropped their price target on Repay from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Stephens lowered Repay from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $7.00 to $3.75 in a research note on Tuesday, May 5th. UBS Group upped their target price on Repay from $3.75 to $4.25 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Finally, DA Davidson reiterated a “buy” rating and set a $6.00 price target on shares of Repay in a report on Wednesday, June 3rd. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Repay presently has a consensus rating of “Hold” and a consensus target price of $5.32.

Key Headlines Impacting Repay

Here are the key news stories impacting Repay this week:

• Positive Sentiment: Northland still sees longer-term earnings growth for Repay, forecasting FY2027 EPS of $0.88 and FY2028 EPS of $1.13, both above the current full-year consensus of $0.73, which may support a constructive longer-term view.
• Neutral Sentiment: Northland also issued quarterly estimates for Q1 2027 at $0.21, Q3 2027 at $0.22, and Q4 2027 at $0.23, indicating expectations for gradual improvement over time.
• Neutral Sentiment: Repay was also noted as having short interest reported at 0 shares as of June 9, with no meaningful change in the published figures, which does not appear to be a major trading catalyst.

Repay Profile

Repay Holdings Corp. (Nasdaq: RPAY) is a specialized financial technology company that delivers integrated payment solutions to businesses operating within key vertical markets. The company’s platform enables merchants and service providers to accept a range of payment types, including credit and debit cards, automated clearing house (ACH) transfers and electronic checks. Repay’s offerings are designed to seamlessly integrate with third-party software applications, such as enterprise resource planning, customer relationship management and point-of-sale systems, empowering industries such as utilities, telecommunications, automotive finance, healthcare, insurance, property management and education.

Tracing its roots to the formation of Pinnacle Payment Systems in 1997, Repay expanded its capabilities through strategic acquisitions, including Southeastern Integrated Solutions and Payliance, before completing a business combination with Thunder Bridge Acquisition II in 2019 to become a publicly traded company on the Nasdaq.