Repay Holdings Co. (NASDAQ:RPAY) Shares Sold by Amundi

Amundi lessened its holdings in shares of Repay Holdings Co. (NASDAQ:RPAY) by 13.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,658 shares of the company’s stock after selling 2,052 shares during the quarter. Amundi’s holdings in Repay were worth $95,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. raised its stake in shares of Repay by 29.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 28,869 shares of the company’s stock worth $220,000 after buying an additional 6,610 shares in the last quarter. Bailard Inc. raised its stake in shares of Repay by 5.7% in the 4th quarter. Bailard Inc. now owns 42,600 shares of the company’s stock worth $325,000 after buying an additional 2,300 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Repay by 11.1% in the 4th quarter. Bank of New York Mellon Corp now owns 347,309 shares of the company’s stock worth $2,650,000 after buying an additional 34,722 shares in the last quarter. Olympiad Research LP bought a new stake in shares of Repay in the 4th quarter worth $80,000. Finally, Bfsg LLC raised its stake in shares of Repay by 29.9% in the 4th quarter. Bfsg LLC now owns 16,660 shares of the company’s stock worth $127,000 after buying an additional 3,830 shares in the last quarter. Institutional investors own 82.73% of the company’s stock.

Repay Stock Performance

Shares of RPAY stock opened at $5.74 on Friday. Repay Holdings Co. has a 1-year low of $5.30 and a 1-year high of $11.27. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $559.58 million, a price-to-earnings ratio of -6.60 and a beta of 1.54. The stock’s fifty day simple moving average is $6.96 and its 200-day simple moving average is $7.63.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. BMO Capital Markets dropped their price objective on Repay from $10.00 to $8.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods cut their target price on Repay from $9.00 to $8.00 and set a “market perform” rating on the stock in a research report on Monday, January 6th. Stephens reaffirmed an “overweight” rating and set a $11.00 target price on shares of Repay in a research report on Tuesday, March 4th. Canaccord Genuity Group cut their target price on Repay from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. Finally, Barclays cut their target price on Repay from $11.00 to $9.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $10.31.

Repay Company Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.