Hel Ved Capital Management Ltd Invests $1.16 Million in Shift4 Payments, Inc. (NYSE:FOUR)

Hel Ved Capital Management Ltd acquired a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,160 shares of the company's stock, valued at approximately $1,158,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Management One Co. Ltd. grew its stake in shares of Shift4 Payments by 14.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 775 shares of the company's stock valued at $81,000 after buying an additional 99 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in shares of Shift4 Payments by 3.5% during the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company's stock valued at $419,000 after purchasing an additional 133 shares in the last quarter. MRP Capital Investments LLC lifted its stake in shares of Shift4 Payments by 5.9% in the 4th quarter. MRP Capital Investments LLC now owns 2,700 shares of the company's stock valued at $280,000 after purchasing an additional 150 shares during the last quarter. Rakuten Securities Inc. lifted 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 purchasing an additional 157 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Shift4 Payments by 67.3% during the fourth quarter. Blue Trust Inc. now owns 425 shares of the company's stock worth $44,000 after buying an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company's stock.

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Analysts Set New Price Targets

FOUR has been the subject of a number of analyst reports. Morgan Stanley reduced their price target on Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Keefe, Bruyette & Woods lowered their price target on Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating on the stock in a report on Monday, March 31st. Barclays reduced their price objective on shares of Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating for the company in a research note on Thursday, April 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Shift4 Payments in a research note on Monday, February 3rd. They issued a "hold" rating and a $120.00 target price on the stock. Finally, BTIG Research decreased their price target on shares of Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a report on Thursday. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $111.62.

Insider Buying and Selling

In other news, President David Taylor Lauber sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were 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 represents a 0.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction, the chief financial officer now directly owns 177,622 shares in the company, valued at approximately $15,094,317.56. This represents a 5.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,695 shares of company stock worth $1,097,380 in the last three months. Insiders own 30.57% of the company's stock.

Shift4 Payments Price Performance

Shares of NYSE FOUR traded down $5.60 during midday trading on Thursday, reaching $77.76. 558,735 shares of the company traded hands, compared to its average volume of 1,878,985. The firm has a market cap of $6.93 billion, a PE ratio of 25.36, a PEG ratio of 1.04 and a beta of 1.80. The stock's 50-day simple moving average is $95.74 and its 200-day simple moving average is $99.62. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month 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 announced its quarterly earnings results 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 firm had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. As a group, equities analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

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.