Shift4 Payments, Inc. $FOUR Shares Acquired by MIdWestOne Financial Group Inc.

MIdWestOne Financial Group Inc. lifted its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 576.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,818 shares of the company’s stock after purchasing an additional 18,595 shares during the period. MIdWestOne Financial Group Inc.’s holdings in Shift4 Payments were worth $1,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FOUR. Advisors Asset Management Inc. boosted its holdings in shares of Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after purchasing an additional 217 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Shift4 Payments by 148.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after purchasing an additional 314 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Shift4 Payments during the 4th quarter worth approximately $43,000. Vestcor Inc acquired a new position in shares of Shift4 Payments during the 3rd quarter worth approximately $45,000. Finally, Summer Road LLC acquired a new position in shares of Shift4 Payments during the 4th quarter worth approximately $47,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Stock Up 11.1%

Shares of NYSE FOUR opened at $39.57 on Friday. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 47.10, a PEG ratio of 0.39 and a beta of 1.43. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55. Shift4 Payments, Inc. has a 52-week low of $34.56 and a 52-week high of $108.50. The business’s 50 day moving average is $43.32 and its two-hundred day moving average is $53.55.

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

Insider Transactions at Shift4 Payments

In other news, major shareholder Jared Isaacman bought 193,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $40.66 per share, with a total value of $7,847,380.00. Following the completion of the transaction, the insider directly owned 1,787,455 shares in the company, valued at $72,677,920.30. This trade represents a 12.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 25.15% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently commented on FOUR shares. Evercore set a $45.00 price target on shares of Shift4 Payments in a research report on Monday, May 18th. Capital One Financial set a $50.00 price target on shares of Shift4 Payments in a research report on Tuesday, April 21st. Freedom Capital lowered shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. BTIG Research reaffirmed a “buy” rating and set a $70.00 price target on shares of Shift4 Payments in a research report on Thursday, May 7th. Finally, Raymond James Financial lowered shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price target on the stock. in a research report on Thursday, March 26th. Ten investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Shift4 Payments has an average rating of “Hold” and a consensus price target of $70.19.

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.