Prudential Financial Inc. Has $777,000 Stock Position in Repay Holdings Co. (NASDAQ:RPAY)

Prudential Financial Inc. lessened its position in Repay Holdings Co. (NASDAQ:RPAY - Free Report) by 81.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,788 shares of the company's stock after selling 454,165 shares during the period. Prudential Financial Inc. owned approximately 0.10% of Repay worth $777,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Verition Fund Management LLC bought a new stake in Repay during the 3rd quarter valued at $171,000. Point72 DIFC Ltd bought a new position in shares of Repay in the third quarter valued at approximately $99,000. State Street Corp lifted its position in Repay by 1.1% in the third quarter. State Street Corp now owns 2,276,719 shares of the company's stock worth $18,578,000 after purchasing an additional 25,057 shares during the period. Wellington Management Group LLP bought a new position in Repay during the 3rd quarter valued at $37,197,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Repay in the 3rd quarter worth $208,000. Institutional investors and hedge funds own 82.73% of the company's stock.

Wall Street Analysts Forecast Growth

RPAY has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods lowered their target price on Repay from $9.00 to $8.00 and set a "market perform" rating on the stock in a report on Monday, January 6th. Barclays decreased their price target on shares of Repay from $11.00 to $9.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. DA Davidson reissued a "buy" rating and set a $14.00 price objective on shares of Repay in a research note on Thursday, February 27th. BMO Capital Markets dropped their price target on Repay from $10.00 to $8.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 4th. Finally, Canaccord Genuity Group cut their price target on shares of Repay from $13.00 to $12.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, Repay presently has a consensus rating of "Moderate Buy" and an average target price of $10.31.

Repay Stock Up 1.6 %

Shares of NASDAQ:RPAY traded up $0.07 during midday trading on Friday, hitting $4.57. 1,366,868 shares of the stock were exchanged, compared to its average volume of 860,376. The company has a market capitalization of $445.52 million, a PE ratio of -5.25 and a beta of 1.64. Repay Holdings Co. has a 52-week low of $4.39 and a 52-week high of $11.27. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70. The business's fifty day simple moving average is $6.25 and its two-hundred day simple moving average is $7.30.

Repay Company 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.