Cookson Peirce & Co. Inc. Makes New $904,000 Investment in Shift4 Payments, Inc. (NYSE:FOUR)

Cookson Peirce & Co. Inc. bought a new stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,706 shares of the company's stock, valued at approximately $904,000.

Several other large investors have also made changes to their positions in FOUR. Heck Capital Advisors LLC acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at $26,000. Transcendent Capital Group LLC bought a new stake in Shift4 Payments during the 3rd quarter worth about $27,000. Central Pacific Bank Trust Division acquired a new stake in Shift4 Payments in the 4th quarter valued at about $28,000. UMB Bank n.a. bought a new position in shares of Shift4 Payments in the fourth quarter worth about $29,000. Finally, Valley National Advisers Inc. acquired a new position in shares of Shift4 Payments during the fourth quarter worth approximately $31,000. Institutional investors own 98.87% of the company's stock.

Insider Activity

In other news, insider Jordan Frankel sold 5,000 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $99.01, for a total transaction of $495,050.00. Following the completion of the transaction, the insider now directly owns 222,112 shares of the company's stock, valued at $21,991,309.12. This represents a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 30.57% of the company's stock.

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Shift4 Payments Trading Up 0.8 %

FOUR stock traded up $0.69 during midday trading on Friday, hitting $89.87. 1,993,243 shares of the company's stock were exchanged, compared to its average volume of 1,850,417. Shift4 Payments, Inc. has a one year low of $55.87 and a one year high of $127.50. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. The company has a market cap of $8.01 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76. The stock's fifty day moving average price is $108.96 and its 200-day moving average price is $99.24.

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

Analyst Upgrades and Downgrades

FOUR has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Shift4 Payments in a report on Monday, February 3rd. They issued a "hold" rating and a $120.00 price target for the company. Royal Bank of Canada reissued an "outperform" rating and issued a $154.00 target price on shares of Shift4 Payments in a research note on Tuesday, March 4th. Susquehanna upped their price target on Shift4 Payments from $105.00 to $120.00 and gave the company a "positive" rating in a research note on Wednesday, November 13th. Benchmark cut Shift4 Payments from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Finally, Piper Sandler reissued an "overweight" rating and set a $143.00 price objective (up from $120.00) on shares of Shift4 Payments in a report on Wednesday, February 19th. Seven equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Shift4 Payments currently has a consensus rating of "Moderate Buy" and an average price target of $114.00.

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.