Shift4 Payments, Inc. $FOUR Stock Holdings Trimmed by Goodnow Investment Group LLC

Goodnow Investment Group LLC cut its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 1.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 851,200 shares of the company’s stock after selling 16,892 shares during the quarter. Shift4 Payments makes up 5.0% of Goodnow Investment Group LLC’s holdings, making the stock its 8th biggest holding. Goodnow Investment Group LLC’s holdings in Shift4 Payments were worth $53,600,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new position in shares of Shift4 Payments in the 3rd quarter worth about $77,303,000. University of Illinois Foundation purchased a new stake in shares of Shift4 Payments during the 3rd quarter worth about $8,967,000. KTF Investments LLC purchased a new stake in shares of Shift4 Payments during the 4th quarter worth about $4,248,000. Maxi Investments CY Ltd increased its position in Shift4 Payments by 368.3% during the 3rd quarter. Maxi Investments CY Ltd now owns 77,585 shares of the company’s stock worth $6,005,000 after purchasing an additional 61,017 shares in the last quarter. Finally, Kennedy Capital Management LLC raised its holdings in Shift4 Payments by 43.8% in the third quarter. Kennedy Capital Management LLC now owns 193,366 shares of the company’s stock valued at $14,967,000 after buying an additional 58,920 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Shift4 Payments news, major shareholder Jared Isaacman bought 193,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average cost of $40.66 per share, with a total value of $7,847,380.00. Following the completion of the transaction, the insider owned 1,787,455 shares in the company, valued at $72,677,920.30. The trade was a 12.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FOUR shares. DA Davidson reduced their price target on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Raymond James Financial downgraded shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price on the stock. in a research note on Thursday, March 26th. Capital One Financial set a $50.00 price target on shares of Shift4 Payments in a research report on Tuesday, April 21st. Benchmark lowered their price target on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Finally, Seaport Research Partners lowered Shift4 Payments from a “buy” rating to a “neutral” rating in a research report on Thursday, April 16th. Ten analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Shift4 Payments currently has a consensus rating of “Hold” and an average target price of $70.19.

Shift4 Payments Price Performance

Shares of FOUR stock opened at $39.94 on Tuesday. The company has a market capitalization of $3.17 billion, a PE ratio of 47.55, a price-to-earnings-growth ratio of 0.45 and a beta of 1.43. The firm has a fifty day simple moving average of $43.24 and a 200-day simple moving average of $53.14. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. Shift4 Payments, Inc. has a twelve month low of $34.56 and a twelve month high of $108.50.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period last year, the firm earned $1.07 EPS. The business’s quarterly revenue was up 49.0% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities research analysts anticipate that Shift4 Payments, Inc. will post 4.75 earnings per share for the current fiscal year.

About Shift4 Payments

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.