45,500 Shares in Shift4 Payments, Inc. (NYSE:FOUR) Purchased by Lynwood Price Capital Management LP

Lynwood Price Capital Management LP purchased a new stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 45,500 shares of the company's stock, valued at approximately $4,722,000. Shift4 Payments accounts for about 3.3% of Lynwood Price Capital Management LP's portfolio, making the stock its 14th biggest position. Lynwood Price Capital Management LP owned about 0.05% of Shift4 Payments at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Heck Capital Advisors LLC bought a new position in Shift4 Payments during the fourth quarter worth about $26,000. Rakuten Securities Inc. increased 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 period. Central Pacific Bank Trust Division bought a new position in shares of Shift4 Payments during the fourth quarter worth approximately $28,000. UMB Bank n.a. acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at approximately $29,000. Finally, Valley National Advisers Inc. bought a new stake in shares of Shift4 Payments in the fourth quarter valued at approximately $31,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Trading Up 2.9 %

Shares of NYSE FOUR traded up $2.10 during midday trading on Wednesday, reaching $75.67. The stock had a trading volume of 961,370 shares, compared to its average volume of 1,588,551. The firm has a market cap of $6.74 billion, a price-to-earnings ratio of 24.65, a price-to-earnings-growth ratio of 1.04 and a beta of 1.80. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. Shift4 Payments, Inc. has a twelve month low of $55.87 and a twelve month high of $127.50. The company's 50 day moving average price is $97.25 and its 200 day moving average price is $99.76.

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

Insider Activity

In other news, CFO Nancy Disman sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now owns 177,622 shares in the company, valued at $15,094,317.56. This trade represents a 5.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President David Taylor Lauber sold 2,500 shares of the stock in a transaction 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 directly owns 264,856 shares of the company's stock, valued at $24,287,295.20. The trade was a 0.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,695 shares of company stock worth $1,097,380 over the last quarter. 30.57% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on FOUR shares. Stephens reaffirmed an "overweight" rating and issued a $125.00 price objective on shares of Shift4 Payments in a report on Wednesday, February 19th. DA Davidson dropped their price target on Shift4 Payments from $140.00 to $124.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Royal Bank of Canada reiterated an "outperform" rating and set a $154.00 price objective on shares of Shift4 Payments in a research note on Tuesday, March 4th. Morgan Stanley dropped their target price on shares of Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $143.00 price target (up previously from $120.00) on shares of Shift4 Payments in a report on Wednesday, February 19th. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $111.38.

About Shift4 Payments

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.