ExodusPoint Capital Management LP Decreases Stake in Repay Holdings Co. (NASDAQ:RPAY)

ExodusPoint Capital Management LP lessened its stake in shares of Repay Holdings Co. (NASDAQ:RPAY - Free Report) by 33.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 193,701 shares of the company's stock after selling 96,761 shares during the period. ExodusPoint Capital Management LP owned about 0.20% of Repay worth $1,478,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. increased its holdings in Repay by 57.9% during the 4th quarter. Blue Trust Inc. now owns 5,663 shares of the company's stock worth $46,000 after purchasing an additional 2,077 shares during the period. Bailard Inc. increased its stake in shares of Repay by 5.7% during the fourth quarter. Bailard Inc. now owns 42,600 shares of the company's stock valued at $325,000 after buying an additional 2,300 shares during the period. Bfsg LLC increased its stake in shares of Repay by 29.9% during the fourth quarter. Bfsg LLC now owns 16,660 shares of the company's stock valued at $127,000 after buying an additional 3,830 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Repay by 30.2% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 20,084 shares of the company's stock valued at $153,000 after acquiring an additional 4,659 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Repay in the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 82.73% of the company's stock.

Wall Street Analyst Weigh In

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

Repay Stock Up 1.3 %

Shares of Repay stock traded up $0.06 during trading on Tuesday, reaching $4.43. The company's stock had a trading volume of 188,035 shares, compared to its average volume of 860,173. The company has a 50-day simple moving average of $6.18 and a two-hundred day simple moving average of $7.27. Repay Holdings Co. has a 1-year low of $4.31 and a 1-year high of $11.27. The company has a market cap of $431.38 million, a price-to-earnings ratio of -5.09 and a beta of 1.64. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.64.

Repay 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.