Xponance Inc. Has $539,000 Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

Xponance Inc. decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 8.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,245 shares of the company’s stock after selling 659 shares during the quarter. Xponance Inc.’s holdings in Shift4 Payments were worth $539,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in shares of Shift4 Payments by 3.6% during the 3rd quarter. Principal Financial Group Inc. now owns 6,726 shares of the company’s stock worth $372,000 after acquiring an additional 233 shares during the period. Nomura Holdings Inc. lifted its stake in Shift4 Payments by 3.7% during the third quarter. Nomura Holdings Inc. now owns 8,436 shares of the company’s stock worth $467,000 after purchasing an additional 298 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its stake in Shift4 Payments by 2.0% during the third quarter. Riggs Asset Managment Co. Inc. now owns 28,513 shares of the company’s stock worth $1,579,000 after purchasing an additional 551 shares during the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of Shift4 Payments in the 3rd quarter valued at $35,000. Finally, Arizona State Retirement System increased its stake in shares of Shift4 Payments by 5.6% in the 3rd quarter. Arizona State Retirement System now owns 14,676 shares of the company’s stock valued at $813,000 after purchasing an additional 777 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Trading Up 0.2 %

NYSE FOUR opened at $59.04 on Friday. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 41.58, a P/E/G ratio of 0.97 and a beta of 1.57. The business has a 50 day moving average price of $71.11 and a 200-day moving average price of $67.61. Shift4 Payments, Inc. has a 52 week low of $42.91 and a 52 week high of $92.30. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 2.02.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). Shift4 Payments had a return on equity of 27.35% and a net margin of 3.36%. The firm had revenue of $269.30 million during the quarter, compared to the consensus estimate of $278.85 million. As a group, equities analysts expect that Shift4 Payments, Inc. will post 2.84 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider David Taylor Lauber sold 15,000 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $80.15, for a total transaction of $1,202,250.00. Following the completion of the transaction, the insider now directly owns 243,880 shares in the company, valued at $19,546,982. The transaction was disclosed in a document filed with the SEC, which is available through this link. 32.14% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FOUR shares. Wells Fargo & Company increased their target price on shares of Shift4 Payments from $60.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. UBS Group lifted their target price on shares of Shift4 Payments from $75.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Royal Bank of Canada reissued an “outperform” rating and set a $94.00 target price on shares of Shift4 Payments in a report on Wednesday, April 3rd. Benchmark reaffirmed a “buy” rating and set a $99.00 price target on shares of Shift4 Payments in a research note on Tuesday, March 19th. Finally, Evercore ISI cut their price target on shares of Shift4 Payments from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. Two analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $84.95.

Shift4 Payments Company 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.