Xponance Inc. Has $1.34 Million Stock Position in Shift4 Payments, Inc. (NYSE:FOUR)

Xponance Inc. lifted its stake in Shift4 Payments, Inc. (NYSE:FOUR) by 69.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,863 shares of the company’s stock after purchasing an additional 5,268 shares during the quarter. Xponance Inc.’s holdings in Shift4 Payments were worth $1,335,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new stake in Shift4 Payments in the 4th quarter worth about $26,000. Rakuten Securities Inc. lifted its stake in Shift4 Payments by 153.9% in the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock worth $27,000 after acquiring an additional 157 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Shift4 Payments in the 4th quarter worth about $28,000. UMB Bank n.a. purchased a new stake in Shift4 Payments in the 4th quarter worth about $29,000. Finally, Valley National Advisers Inc. purchased a new stake in Shift4 Payments in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Shift4 Payments Stock Performance

FOUR opened at $88.69 on Friday. The firm has a market capitalization of $7.90 billion, a P/E ratio of 28.89, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76. The stock’s 50 day moving average price is $105.25 and its two-hundred day moving average price is $99.70. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $127.50.

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on FOUR shares. B. Riley increased their price objective on Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. DA Davidson reduced their price objective on Shift4 Payments from $140.00 to $124.00 and set a “buy” rating for the company in a research note on Monday, February 24th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $154.00 price target on shares of Shift4 Payments in a research note on Tuesday, March 4th. Raymond James raised Shift4 Payments from an “outperform” rating to a “strong-buy” rating and set a $140.00 price target for the company in a research note on Monday, March 10th. Finally, Morgan Stanley cut their price target on Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating for the company in a research note on Thursday, February 27th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $115.30.

Insider Buying and Selling at Shift4 Payments

In other news, CFO Nancy Disman sold 10,000 shares of Shift4 Payments stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $84.98, for a total transaction of $849,800.00. Following the sale, the chief financial officer now owns 177,622 shares of the company’s stock, valued at approximately $15,094,317.56. This trade represents a 5.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President David Taylor Lauber sold 2,500 shares of Shift4 Payments stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total value of $229,250.00. Following the sale, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. The trade was a 0.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,695 shares of company stock valued at $1,097,380 in the last 90 days. 30.57% of the stock is currently owned by insiders.

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.