Jones Financial Companies Lllp Has $134,000 Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

Jones Financial Companies Lllp raised its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 77.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,291 shares of the company’s stock after purchasing an additional 565 shares during the quarter. Jones Financial Companies Lllp’s holdings in Shift4 Payments were worth $134,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FOUR. Wasatch Advisors LP increased its stake in Shift4 Payments by 50.8% in the third 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 in the last quarter. Jennison Associates LLC increased its position in Shift4 Payments by 9.3% during 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. Westfield Capital Management Co. LP increased its position in Shift4 Payments by 0.9% during the third quarter. Westfield Capital Management Co. LP now owns 1,455,085 shares of the company’s stock worth $128,921,000 after acquiring an additional 12,804 shares during the period. Geode Capital Management LLC increased its holdings in Shift4 Payments by 5.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,058,369 shares of the company’s stock valued at $93,797,000 after buying an additional 53,610 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its stake in shares of Shift4 Payments by 41.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 492,849 shares of the company’s stock valued at $43,666,000 after purchasing an additional 145,444 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling

In other news, 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 completion of the transaction, the president now owns 264,856 shares in the company, valued at approximately $24,287,295.20. This trade represents a 0.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 30.57% of the stock is currently owned by company insiders.

Shift4 Payments Trading Up 0.1 %

Shares of NYSE:FOUR opened at $84.34 on Friday. The company has a market cap of $7.51 billion, a PE ratio of 27.47, a P/E/G ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a 52 week low of $55.87 and a 52 week 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 company’s 50 day moving average is $107.10 and its two-hundred day moving average is $99.49.

Shift4 Payments (NYSE:FOUR) 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 for 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%. Equities analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on FOUR shares. Royal Bank of Canada reissued an “outperform” rating and set a $154.00 target price on shares of Shift4 Payments in a report on Tuesday, March 4th. Morgan Stanley cut their target price on shares of Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating for the company in a research report on Thursday, February 27th. Stephens reaffirmed an “overweight” rating and issued a $125.00 target price on shares of Shift4 Payments in a research note on Wednesday, February 19th. Barclays decreased their price target on shares of Shift4 Payments from $120.00 to $117.00 and set an “overweight” rating on the stock in a research note on Monday, February 24th. Finally, B. Riley lifted their price target on shares of Shift4 Payments from $110.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Shift4 Payments currently has an average rating of “Moderate Buy” and a consensus target price of $115.30.

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.