Shift4 Payments, Inc. (NYSE:FOUR) Shares Purchased by Xponance Inc.

Xponance Inc. increased its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 69.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,863 shares of the company's stock after acquiring an additional 5,268 shares during the period. Xponance Inc.'s holdings in Shift4 Payments were worth $1,335,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Brown Brothers Harriman & Co. lifted 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. Moody National Bank Trust Division raised its holdings in Shift4 Payments by 86.5% during the fourth quarter. Moody National Bank Trust Division now owns 15,849 shares of the company's stock worth $1,645,000 after purchasing an additional 7,349 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in Shift4 Payments during the fourth quarter worth $812,000. Stifel Financial Corp increased its position in shares of Shift4 Payments by 14.3% in the third quarter. Stifel Financial Corp now owns 56,894 shares of the company's stock valued at $5,041,000 after buying an additional 7,117 shares in the last quarter. Finally, Lebenthal Global Advisors LLC purchased a new position in shares of Shift4 Payments in the fourth quarter valued at $328,000. Hedge funds and other institutional investors own 98.87% of the company's stock.

Shift4 Payments Stock Down 0.4 %

FOUR stock traded down $0.38 during trading on Wednesday, reaching $86.31. The stock had a trading volume of 975,517 shares, compared to its average volume of 1,544,354. The company has a market capitalization of $7.69 billion, a P/E ratio of 28.11, a PEG ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a 1-year low of $55.87 and a 1-year high of $127.50. The company has a current ratio of 1.38, a quick ratio of 2.97 and a debt-to-equity ratio of 2.12. The firm has a fifty day moving average price of $104.66 and a 200 day moving average price of $100.01.

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

Analysts Set New Price Targets

FOUR has been the topic of a number of research reports. Piper Sandler reissued an "overweight" rating and issued a $143.00 price objective (up from $120.00) on shares of Shift4 Payments in a research note on Wednesday, February 19th. Barclays dropped their price target 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 boosted their target price on shares of Shift4 Payments from $112.00 to $125.00 and gave the company a "market perform" rating in a research note on Thursday, February 20th. Bank of America cut shares of Shift4 Payments from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $112.00 to $105.00 in a research note on Wednesday, December 4th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $154.00 price objective on shares of Shift4 Payments in a research note on Tuesday, March 4th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $115.30.

Insider Activity at Shift4 Payments

In related news, President David Taylor Lauber sold 2,500 shares of the company's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total transaction of $229,250.00. Following the completion of the transaction, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. This represents a 0.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Nancy Disman sold 10,000 shares of the company's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $84.98, for a total transaction of $849,800.00. Following the transaction, the chief financial officer now owns 177,622 shares of the company's stock, valued at $15,094,317.56. This represents a 5.33 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,695 shares of company stock valued at $1,097,380. Corporate insiders own 30.57% of the company's stock.

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.