Continental Advisors LLC Buys New Stake in Repay Holdings Co. (NASDAQ:RPAY)

Continental Advisors LLC bought a new stake in Repay Holdings Co. (NASDAQ:RPAY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 91,534 shares of the company's stock, valued at approximately $698,000. Continental Advisors LLC owned 0.09% of Repay at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Repay by 57.9% during the fourth quarter. Blue Trust Inc. now owns 5,663 shares of the company's stock worth $46,000 after buying an additional 2,077 shares in the last quarter. Invesco Ltd. grew its holdings in Repay by 1.4% during the 4th quarter. Invesco Ltd. now owns 159,371 shares of the company's stock worth $1,216,000 after acquiring an additional 2,142 shares in the last quarter. Bailard Inc. increased its position in shares of Repay by 5.7% in the 4th quarter. Bailard Inc. now owns 42,600 shares of the company's stock worth $325,000 after purchasing an additional 2,300 shares during the last quarter. Bfsg LLC raised its stake in shares of Repay by 29.9% in the 4th quarter. Bfsg LLC now owns 16,660 shares of the company's stock valued at $127,000 after purchasing an additional 3,830 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its position in shares of Repay by 30.2% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 20,084 shares of the company's stock worth $153,000 after purchasing an additional 4,659 shares during the last quarter. 82.73% of the stock is owned by institutional investors and hedge funds.

Repay Stock Performance

Shares of RPAY traded up $0.02 during midday trading on Friday, hitting $4.41. 590,472 shares of the stock traded hands, compared to its average volume of 889,324. The business's 50 day moving average price is $5.70 and its two-hundred day moving average price is $7.09. The firm has a market capitalization of $429.92 million, a PE ratio of -5.07 and a beta of 1.64. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70. Repay Holdings Co. has a 1-year low of $4.24 and a 1-year high of $11.27.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. UBS Group cut their price objective on Repay from $9.50 to $7.50 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Canaccord Genuity Group dropped their price target on Repay from $13.00 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods decreased their price objective on shares of Repay from $9.00 to $8.00 and set a "market perform" rating for the company in a report on Monday, January 6th. Stephens reiterated an "overweight" rating and set a $11.00 target price on shares of Repay in a research note on Tuesday, March 4th. Finally, Barclays reduced their price target on shares of Repay from $9.00 to $6.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $9.94.

Repay Company Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.