Boston Partners Sells 195,865 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

Boston Partners decreased its position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 16.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 990,416 shares of the company's stock after selling 195,865 shares during the quarter. Boston Partners owned about 1.10% of Shift4 Payments worth $103,090,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FOUR. Heck Capital Advisors LLC bought a new stake in shares of Shift4 Payments in the 4th quarter valued at approximately $26,000. Rakuten Securities Inc. grew its stake in shares of Shift4 Payments by 153.9% in the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock valued at $27,000 after buying an additional 157 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Shift4 Payments in the 4th quarter valued at approximately $28,000. UMB Bank n.a. bought a new stake in shares of Shift4 Payments in the 4th quarter valued at approximately $29,000. Finally, Valley National Advisers Inc. bought a new stake in shares of Shift4 Payments in the 4th quarter valued at approximately $31,000. Institutional investors own 98.87% of the company's stock.

Shift4 Payments Stock Performance

Shares of FOUR traded up $1.21 on Friday, reaching $88.69. 1,268,694 shares of the stock traded hands, compared to its average volume of 1,543,859. The firm has a market cap of $7.90 billion, a price-to-earnings ratio of 28.89, a P/E/G ratio of 1.04 and a beta of 1.76. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month high of $127.50. The stock's 50-day moving average price is $105.25 and its 200-day moving average price is $99.70.

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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 (EPS) 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 business had revenue of $405.00 million for the quarter, compared to analysts' expectations of $1 billion. Equities analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on FOUR shares. Morgan Stanley reduced their target price on Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating for the company in a report on Thursday, February 27th. Royal Bank of Canada restated an "outperform" rating and issued a $154.00 target price on shares of Shift4 Payments in a report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft started coverage on Shift4 Payments in a report on Monday, February 3rd. They issued a "hold" rating and a $120.00 target price for the company. Bank of America lowered Shift4 Payments from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $112.00 to $105.00 in a report on Wednesday, December 4th. Finally, Wells Fargo & Company reduced their target price on Shift4 Payments from $135.00 to $115.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $115.30.

Insider Buying and Selling at Shift4 Payments

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

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.