EntryPoint Capital LLC Buys Shares of 3,208 Shift4 Payments, Inc. (NYSE:FOUR)

EntryPoint Capital LLC acquired a new stake in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,208 shares of the company's stock, valued at approximately $333,000.

A number of other large investors also recently modified their holdings of the company. Wasatch Advisors LP grew its stake in shares of Shift4 Payments by 50.8% during the third quarter. Wasatch Advisors LP now owns 5,883,186 shares of the company's stock valued at $521,250,000 after buying an additional 1,980,940 shares during the last quarter. Vanguard Group Inc. increased its stake in Shift4 Payments by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock worth $678,668,000 after purchasing an additional 562,774 shares during the period. Rice Hall James & Associates LLC increased its stake in Shift4 Payments by 799.9% in the 4th quarter. Rice Hall James & Associates LLC now owns 231,034 shares of the company's stock worth $23,977,000 after purchasing an additional 205,361 shares during the period. Maestria Partners LLC bought a new stake in Shift4 Payments in the fourth quarter valued at approximately $19,614,000. Finally, Principal Financial Group Inc. boosted its stake in shares of Shift4 Payments by 2,954.7% during the fourth quarter. Principal Financial Group Inc. now owns 158,998 shares of the company's stock valued at $16,501,000 after purchasing an additional 153,793 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Shift4 Payments

In related news, 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 transaction of $229,250.00. Following the sale, the president now directly owns 264,856 shares of the company's stock, valued at $24,287,295.20. This trade represents a 0.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Nancy Disman sold 10,000 shares of the business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the transaction, the chief financial officer now directly owns 177,622 shares of the company's stock, valued at approximately $15,094,317.56. This trade represents a 5.33 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,695 shares of company stock worth $1,097,380. 30.57% of the stock is owned by corporate insiders.

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Analysts Set New Price Targets

A number of equities research analysts recently commented on FOUR shares. Wells Fargo & Company lowered their price target on shares of Shift4 Payments from $135.00 to $115.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $154.00 price objective on shares of Shift4 Payments in a research note on Tuesday, March 4th. Piper Sandler reissued an "overweight" rating and issued a $143.00 target price (up from $120.00) on shares of Shift4 Payments in a research note on Wednesday, February 19th. Benchmark downgraded Shift4 Payments from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Finally, Bank of America cut Shift4 Payments from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $112.00 to $105.00 in a report on Wednesday, December 4th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $113.80.

Shift4 Payments Stock Down 3.4 %

Shares of Shift4 Payments stock traded down $2.91 during midday trading on Monday, hitting $81.67. The company had a trading volume of 1,674,506 shares, compared to its average volume of 1,562,837. The company has a 50 day moving average of $102.69 and a 200 day moving average of $100.21. The stock has a market capitalization of $7.28 billion, a P/E ratio of 26.60, a P/E/G ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a 52-week low of $55.87 and a 52-week 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.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. On average, equities analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

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.