Hel Ved Capital Management Ltd Makes New $1.16 Million Investment in Shift4 Payments, Inc. (NYSE:FOUR)

Hel Ved Capital Management Ltd acquired a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,160 shares of the company’s stock, valued at approximately $1,158,000.

Several other institutional investors have also recently modified their holdings of FOUR. Asset Management One Co. Ltd. boosted its position in Shift4 Payments by 14.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 775 shares of the company’s stock valued at $81,000 after buying an additional 99 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of Shift4 Payments by 3.5% in the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company’s stock valued at $419,000 after acquiring an additional 133 shares during the last quarter. MRP Capital Investments LLC increased its stake in shares of Shift4 Payments by 5.9% in the fourth quarter. MRP Capital Investments LLC now owns 2,700 shares of the company’s stock worth $280,000 after acquiring an additional 150 shares during the period. Rakuten Securities Inc. raised its holdings in shares of Shift4 Payments by 153.9% during the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock worth $27,000 after purchasing an additional 157 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in Shift4 Payments by 67.3% during the fourth quarter. Blue Trust Inc. now owns 425 shares of the company’s stock valued at $44,000 after purchasing an additional 171 shares during the period. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Stock Performance

NYSE FOUR opened at $72.66 on Friday. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. The stock’s 50 day simple moving average is $99.80 and its 200-day simple moving average is $99.90. The company has a market cap of $6.47 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 1.04 and a beta of 1.80. Shift4 Payments, Inc. has a 1-year low of $55.87 and a 1-year high of $127.50.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The company had revenue of $405.00 million for the quarter, compared to analyst estimates of $1 billion. As a group, equities research analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FOUR has been the topic of several analyst reports. DA Davidson cut their price target on Shift4 Payments from $140.00 to $124.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Oppenheimer reduced their price target on Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Piper Sandler restated an “overweight” rating and issued a $143.00 price objective (up previously from $120.00) on shares of Shift4 Payments in a research report on Wednesday, February 19th. Raymond James cut their target price on shares of Shift4 Payments from $140.00 to $130.00 and set a “strong-buy” rating for the company in a report on Friday. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $154.00 price target on shares of Shift4 Payments in a report on Tuesday, March 4th. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $112.95.

Insider Buying and Selling

In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now directly owns 177,622 shares of the company’s stock, valued at $15,094,317.56. This trade represents a 5.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President David Taylor Lauber sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $91.70, for a total value of $229,250.00. Following the completion of the sale, the president now owns 264,856 shares of the company’s stock, valued at $24,287,295.20. This trade represents a 0.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,695 shares of company stock worth $1,097,380. 30.57% of the stock is owned by insiders.

Shift4 Payments Profile

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.