Oppenheimer & Co. Inc. Has $4.18 Million Stock Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

Oppenheimer & Co. Inc. increased its stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,271 shares of the company's stock after purchasing an additional 2,691 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Shift4 Payments were worth $4,179,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of FOUR. Asset Management One Co. Ltd. lifted its position in Shift4 Payments by 14.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 775 shares of the company's stock worth $81,000 after buying an additional 99 shares in the last quarter. Perigon Wealth Management LLC boosted its position in Shift4 Payments by 3.5% during the fourth 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 during the last quarter. Blue Trust Inc. lifted its holdings in shares of Shift4 Payments by 67.3% during the 4th quarter. Blue Trust Inc. now owns 425 shares of the company's stock valued at $44,000 after buying an additional 171 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in shares of Shift4 Payments by 7.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 3,415 shares of the company's stock valued at $303,000 after buying an additional 243 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in Shift4 Payments in the fourth quarter worth approximately $26,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Shift4 Payments

In related news, insider James J. Whalen sold 1,462 shares of the business's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $101.07, for a total value of $147,764.34. Following the sale, the insider now directly owns 37,089 shares of the company's stock, valued at approximately $3,748,585.23. The trade was a 3.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jordan Frankel sold 5,000 shares of Shift4 Payments stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total transaction of $495,050.00. Following the completion of the sale, the insider now owns 222,112 shares in the company, valued at $21,991,309.12. The trade was a 2.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 30.57% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on FOUR shares. Wells Fargo & Company lifted their price objective on shares of Shift4 Payments from $120.00 to $135.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Shift4 Payments in a report on Monday, February 3rd. They issued a "hold" rating and a $120.00 target price on the stock. Barclays cut their price objective on Shift4 Payments from $120.00 to $117.00 and set an "overweight" rating for the company in a research report on Monday, February 24th. Keefe, Bruyette & Woods lifted their price target on Shift4 Payments from $112.00 to $125.00 and gave the stock a "market perform" rating in a research report on Thursday, February 20th. Finally, The Goldman Sachs Group boosted their target price on shares of Shift4 Payments from $106.00 to $119.00 and gave the stock a "buy" rating in a research report on Thursday, November 14th. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, Shift4 Payments has an average rating of "Moderate Buy" and a consensus target price of $115.05.

Shift4 Payments Trading Down 1.3 %

FOUR traded down $1.23 during midday trading on Tuesday, reaching $94.98. 1,380,093 shares of the company were exchanged, compared to its average volume of 1,839,397. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. The stock has a market capitalization of $8.56 billion, a P/E ratio of 30.88, a PEG ratio of 1.04 and a beta of 1.72. The stock's 50-day simple moving average is $110.07 and its 200 day simple moving average is $99.06. Shift4 Payments, Inc. has a one year low of $55.87 and a one year high of $127.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The company had revenue of $405.00 million for the quarter, compared to analyst estimates of $1 billion. As a group, analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

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.