Hodges Capital Management Inc. Has $714,000 Holdings in Shift4 Payments, Inc. $FOUR

Hodges Capital Management Inc. trimmed its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 18.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,200 shares of the company’s stock after selling 1,665 shares during the period. Hodges Capital Management Inc.’s holdings in Shift4 Payments were worth $714,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas bought a new stake in shares of Shift4 Payments during the first quarter worth $726,000. Envestnet Asset Management Inc. lifted its position in Shift4 Payments by 18.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 72,194 shares of the company’s stock worth $5,899,000 after buying an additional 11,307 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in Shift4 Payments by 5.6% during the 1st quarter. Crossmark Global Holdings Inc. now owns 3,641 shares of the company’s stock worth $298,000 after acquiring an additional 194 shares during the last quarter. Cerity Partners LLC increased its position in Shift4 Payments by 10.0% in the 1st quarter. Cerity Partners LLC now owns 5,092 shares of the company’s stock valued at $416,000 after acquiring an additional 463 shares in the last quarter. Finally, Xponance Inc. raised its stake in shares of Shift4 Payments by 3.4% in the first quarter. Xponance Inc. now owns 13,295 shares of the company’s stock worth $1,086,000 after acquiring an additional 432 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Insider Transactions at Shift4 Payments

In other news, insider James J. Whalen sold 794 shares of Shift4 Payments stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $89.89, for a total transaction of $71,372.66. Following the transaction, the insider owned 56,324 shares in the company, valued at $5,062,964.36. The trade was a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David Taylor Lauber sold 2,500 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $88.59, for a total value of $221,475.00. Following the sale, the chief executive officer directly owned 285,588 shares of the company’s stock, valued at approximately $25,300,240.92. The trade was a 0.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 25.15% of the stock is currently owned by insiders.

Shift4 Payments Stock Up 7.4%

Shift4 Payments stock opened at $71.03 on Tuesday. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 33.35, a PEG ratio of 0.69 and a beta of 1.72. The company’s 50 day simple moving average is $78.67 and its 200 day simple moving average is $88.35. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.38 and a quick ratio of 1.38. Shift4 Payments, Inc. has a fifty-two week low of $61.23 and a fifty-two week high of $127.50.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, November 6th. The company reported $1.47 earnings per share 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 firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $1.04 earnings per share. The company’s revenue for the quarter was up 61.4% on a year-over-year basis. Shift4 Payments has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on FOUR. Deutsche Bank Aktiengesellschaft began coverage on shares of Shift4 Payments in a research note on Thursday, July 17th. They set a “buy” rating and a $120.00 price target on the stock. Weiss Ratings lowered Shift4 Payments from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Keefe, Bruyette & Woods lowered their target price on Shift4 Payments from $90.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday. Benchmark dropped their target price on Shift4 Payments from $111.00 to $100.00 and set a “buy” rating for the company in a research report on Monday. Finally, Susquehanna decreased their price target on Shift4 Payments from $125.00 to $115.00 and set a “positive” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Shift4 Payments has a consensus rating of “Moderate Buy” and a consensus target price of $101.43.

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.