9,087 Shares in Shift4 Payments, Inc. (NYSE:FOUR) Acquired by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. bought a new stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,087 shares of the company's stock, valued at approximately $1,042,000.

Other large investors have also recently bought and sold shares of the company. Wasatch Advisors LP lifted its stake in shares of Shift4 Payments by 50.8% in the 3rd quarter. Wasatch Advisors LP now owns 5,883,186 shares of the company's stock valued at $521,250,000 after purchasing an additional 1,980,940 shares during the period. Jennison Associates LLC raised its position in shares of Shift4 Payments by 9.3% in the third quarter. Jennison Associates LLC now owns 2,834,061 shares of the company's stock worth $251,098,000 after acquiring an additional 242,179 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Shift4 Payments by 10,217.7% during the 3rd quarter. International Assets Investment Management LLC now owns 160,543 shares of the company's stock worth $14,224,000 after acquiring an additional 158,987 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in shares of Shift4 Payments by 41.9% during the 3rd 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. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Shift4 Payments by 245.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 161,330 shares of the company's stock valued at $14,294,000 after purchasing an additional 114,659 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company's stock.

Analysts Set New Price Targets

FOUR has been the subject of several recent analyst reports. Royal Bank of Canada boosted their price target on shares of Shift4 Payments from $116.00 to $154.00 and gave the stock an "outperform" rating in a report on Wednesday. DA Davidson lifted their price target on Shift4 Payments from $118.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, November 14th. B. Riley raised their price objective on Shift4 Payments from $110.00 to $150.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Oppenheimer upped their target price on shares of Shift4 Payments from $120.00 to $121.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th. Finally, 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 price target on the stock. Seven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Shift4 Payments currently has an average rating of "Moderate Buy" and a consensus target price of $112.90.

Insider Activity

In other Shift4 Payments news, insider Jordan Frankel sold 5,000 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 222,112 shares in the company, valued at $21,991,309.12. This represents a 2.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider James J. Whalen sold 1,462 shares of the business's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $101.07, for a total transaction of $147,764.34. Following the completion of the transaction, the insider now owns 37,089 shares of the company's stock, valued at approximately $3,748,585.23. This trade represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is currently owned by corporate insiders.

Shift4 Payments Trading Down 17.5 %

FOUR stock traded down $22.02 during mid-day trading on Wednesday, hitting $103.64. 9,831,615 shares of the company were exchanged, compared to its average volume of 1,549,365. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $127.50. The firm has a market capitalization of $9.34 billion, a P/E ratio of 56.33, a PEG ratio of 1.28 and a beta of 1.72. The business has a fifty day simple moving average of $110.91 and a 200-day simple moving average of $97.42. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 earnings per share 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 analysts' expectations of $1 billion. Shift4 Payments had a net margin of 4.04% and a return on equity of 23.86%. On average, equities research analysts predict that Shift4 Payments, Inc. will post 2.95 earnings per share for the current fiscal year.

Shift4 Payments Company 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.