Shift4 Payments, Inc. (NYSE:FOUR) Given Average Recommendation of "Moderate Buy" by Analysts

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twenty-one analysts that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $106.90.

A number of analysts have commented on FOUR shares. Barclays started coverage on shares of Shift4 Payments in a research report on Wednesday, October 9th. They set an "overweight" rating and a $120.00 price target on the stock. Piper Sandler lifted their price objective on shares of Shift4 Payments from $93.00 to $120.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. B. Riley increased their target price on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. The Goldman Sachs Group raised their price target on shares of Shift4 Payments from $106.00 to $119.00 and gave the stock a "buy" rating in a report on Thursday, November 14th. Finally, Keefe, Bruyette & Woods cut shares of Shift4 Payments from an "outperform" rating to a "market perform" rating and set a $112.00 price objective on the stock. in a research report on Monday, December 9th.

Insider Buying and Selling

In other Shift4 Payments news, insider David Taylor Lauber sold 5,000 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $113.71, for a total transaction of $568,550.00. Following the sale, the insider now directly owns 210,045 shares of the company's stock, valued at $23,884,216.95. This represents a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James J. Whalen sold 1,462 shares of Shift4 Payments stock in a transaction dated 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 $3,748,585.23. The trade was a 3.79 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is owned by insiders.

Institutional Trading of Shift4 Payments

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Asset Management One Co. Ltd. grew its holdings in shares of Shift4 Payments by 14.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 775 shares of the company's stock worth $81,000 after purchasing an additional 99 shares in the last quarter. Centaurus Financial Inc. increased its holdings in shares of Shift4 Payments by 2.6% in the 2nd quarter. Centaurus Financial Inc. now owns 4,708 shares of the company's stock worth $345,000 after buying an additional 119 shares during the last quarter. Perigon Wealth Management LLC raised its position in shares of Shift4 Payments by 3.5% during the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company's stock valued at $419,000 after buying an additional 133 shares in 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 worth $44,000 after acquiring an additional 171 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its position in Shift4 Payments by 7.7% in the third quarter. Verdence Capital Advisors LLC now owns 3,415 shares of the company's stock worth $303,000 after acquiring an additional 243 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Trading Up 3.6 %

Shares of Shift4 Payments stock traded up $4.22 during midday trading on Thursday, reaching $121.26. The company had a trading volume of 752,455 shares, compared to its average volume of 1,259,158. The firm has a market cap of $10.93 billion, a PE ratio of 65.90, a P/E/G ratio of 1.18 and a beta of 1.71. The stock has a fifty day moving average price of $107.57 and a 200 day moving average price of $92.09. The company has a debt-to-equity ratio of 2.71, a current ratio of 2.98 and a quick ratio of 2.97. Shift4 Payments has a fifty-two week low of $55.87 and a fifty-two week high of $122.27.

About Shift4 Payments

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.