Maestria Partners LLC Makes New $19.61 Million Investment in Shift4 Payments, Inc. (NYSE:FOUR)

Maestria Partners LLC purchased a new position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 189,000 shares of the company's stock, valued at approximately $19,614,000. Shift4 Payments comprises 7.8% of Maestria Partners LLC's investment portfolio, making the stock its 5th biggest position. Maestria Partners LLC owned 0.21% of Shift4 Payments as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FOUR. Wasatch Advisors LP boosted its holdings in Shift4 Payments by 50.8% in the third quarter. Wasatch Advisors LP now owns 5,883,186 shares of the company's stock worth $521,250,000 after purchasing an additional 1,980,940 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Shift4 Payments by 9.3% in the 3rd quarter. Jennison Associates LLC now owns 2,834,061 shares of the company's stock worth $251,098,000 after buying an additional 242,179 shares during the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of Shift4 Payments by 0.9% in the third quarter. Westfield Capital Management Co. LP now owns 1,455,085 shares of the company's stock worth $128,921,000 after acquiring an additional 12,804 shares during the period. Geode Capital Management LLC grew its holdings in shares of Shift4 Payments by 5.3% in the third quarter. Geode Capital Management LLC now owns 1,058,369 shares of the company's stock worth $93,797,000 after acquiring an additional 53,610 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its holdings in Shift4 Payments by 41.9% in the third quarter. Brown Brothers Harriman & Co. now owns 492,849 shares of the company's stock valued at $43,666,000 after acquiring an additional 145,444 shares during the period. 98.87% of the stock is owned by institutional investors.

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Insider Transactions at Shift4 Payments

In related news, President David Taylor Lauber sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total value of $229,250.00. Following the transaction, the president now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Nancy Disman sold 10,000 shares of the firm'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 owns 177,622 shares in the company, valued at $15,094,317.56. The trade was a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,695 shares of company stock worth $1,097,380. 30.57% of the stock is currently owned by insiders.

Shift4 Payments Trading Down 0.4 %

NYSE FOUR traded down $0.37 during trading on Monday, hitting $88.19. The stock had a trading volume of 1,357,179 shares, compared to its average volume of 1,543,112. Shift4 Payments, Inc. has a one year low of $55.87 and a one year high of $127.50. The stock has a 50 day simple moving average of $104.97 and a 200 day simple moving average of $99.93. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 28.73, a P/E/G ratio of 1.04 and a beta of 1.76. 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 (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.06. The firm 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%. Sell-side analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Wall Street Analyst Weigh In

FOUR has been the subject of a number of recent research reports. Raymond James upgraded Shift4 Payments from an "outperform" rating to a "strong-buy" rating and set a $140.00 price target for the company in a research note on Monday, March 10th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Shift4 Payments in a research report on Monday, February 3rd. They set a "hold" rating and a $120.00 target price for the company. B. Riley increased their price target on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Barclays cut their price objective on shares of Shift4 Payments from $120.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, February 24th. Finally, DA Davidson reduced their price objective on Shift4 Payments from $140.00 to $124.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $115.30.

Shift4 Payments 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.