Repay Holdings Co. (NASDAQ:RPAY) Given Average Rating of "Moderate Buy" by Analysts

Repay Holdings Co. (NASDAQ:RPAY - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $9.94.

Several equities analysts recently weighed in on RPAY shares. Barclays dropped their price target on shares of Repay from $9.00 to $6.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. DA Davidson reiterated a "buy" rating and set a $14.00 price target on shares of Repay in a research note on Thursday, February 27th. Canaccord Genuity Group cut their price target on Repay from $13.00 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Stephens reiterated an "overweight" rating and set a $11.00 price target on shares of Repay in a research note on Tuesday, March 4th. Finally, BMO Capital Markets cut their price target on Repay from $10.00 to $8.00 and set a "market perform" rating for the company in a research note on Tuesday, March 4th.

Repay Trading Up 5.1 %

Repay stock traded up $0.22 during trading hours on Friday, reaching $4.54. 50,291 shares of the company's stock were exchanged, compared to its average volume of 881,720. The firm has a market capitalization of $442.60 million, a PE ratio of -5.22 and a beta of 1.64. The firm's 50 day simple moving average is $5.82 and its 200 day simple moving average is $7.13. 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 has a twelve month low of $4.24 and a twelve month high of $11.27.

Institutional Trading of Repay

A number of institutional investors have recently added to or reduced their stakes in RPAY. Sunriver Management LLC raised its holdings in shares of Repay by 11.6% in the 4th quarter. Sunriver Management LLC now owns 6,043,368 shares of the company's stock valued at $46,111,000 after acquiring an additional 626,528 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Repay by 3.3% in the 4th quarter. Wellington Management Group LLP now owns 4,710,491 shares of the company's stock valued at $35,941,000 after acquiring an additional 152,078 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Repay by 6.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,339,948 shares of the company's stock valued at $33,114,000 after purchasing an additional 243,743 shares during the last quarter. American Century Companies Inc. increased its position in shares of Repay by 6.8% during the 4th quarter. American Century Companies Inc. now owns 4,171,648 shares of the company's stock valued at $31,830,000 after purchasing an additional 267,184 shares during the last quarter. Finally, River Road Asset Management LLC increased its position in shares of Repay by 31.7% during the 4th quarter. River Road Asset Management LLC now owns 2,490,949 shares of the company's stock valued at $19,006,000 after purchasing an additional 599,840 shares during the last quarter. Hedge funds and other institutional investors own 82.73% of the company's stock.

About Repay

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.