Marshall Wace LLP Grows Holdings in Repay Holdings Co. (NASDAQ:RPAY)

Marshall Wace LLP boosted its holdings in Repay Holdings Co. (NASDAQ:RPAY - Free Report) by 81.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 782,098 shares of the company's stock after purchasing an additional 350,424 shares during the quarter. Marshall Wace LLP owned 0.80% of Repay worth $5,967,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Blue Trust Inc. increased its stake 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 acquiring an additional 2,077 shares during the period. Invesco Ltd. increased its position in shares of Repay by 1.4% in the fourth quarter. Invesco Ltd. now owns 159,371 shares of the company's stock worth $1,216,000 after purchasing an additional 2,142 shares during the period. Bailard Inc. lifted its position in Repay by 5.7% during the fourth quarter. Bailard Inc. now owns 42,600 shares of the company's stock worth $325,000 after purchasing an additional 2,300 shares during the period. Bfsg LLC grew its stake in Repay by 29.9% during the fourth quarter. Bfsg LLC now owns 16,660 shares of the company's stock worth $127,000 after buying an additional 3,830 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in Repay by 30.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 20,084 shares of the company's stock valued at $153,000 after buying an additional 4,659 shares during the period. Institutional investors own 82.73% of the company's stock.

Repay Trading Up 5.9 %

RPAY stock traded up $0.23 during trading on Tuesday, hitting $4.07. The company had a trading volume of 718,669 shares, compared to its average volume of 877,875. Repay Holdings Co. has a one year low of $3.83 and a one year high of $11.27. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average of $5.57 and a 200-day moving average of $7.02. The stock has a market cap of $396.29 million, a PE ratio of -4.67 and a beta of 1.64.

Wall Street Analyst Weigh In

RPAY has been the topic of a number of recent analyst reports. DA Davidson reissued a "buy" rating and issued a $14.00 price objective on shares of Repay in a research note on Thursday, February 27th. Keefe, Bruyette & Woods reduced their price objective on Repay from $9.00 to $8.00 and set a "market perform" rating on the stock in a research note on Monday, January 6th. Canaccord Genuity Group dropped their target price 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. Barclays decreased their price target on shares of Repay from $9.00 to $6.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Finally, Stephens reissued an "overweight" rating and issued a $11.00 price objective on shares of Repay in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Repay has a consensus rating of "Moderate Buy" and a consensus price target of $9.94.

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.