Shift4 Payments, Inc. (NYSE:FOUR) Shares Acquired by Cwm LLC

Cwm LLC raised its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 95.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,214 shares of the company’s stock after purchasing an additional 1,083 shares during the period. Cwm LLC’s holdings in Shift4 Payments were worth $196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FOUR. J.Safra Asset Management Corp boosted its position in shares of Shift4 Payments by 79.0% during the first quarter. J.Safra Asset Management Corp now owns 786 shares of the company’s stock worth $52,000 after buying an additional 347 shares during the period. Quarry LP acquired a new stake in shares of Shift4 Payments during the 2nd quarter valued at $60,000. EverSource Wealth Advisors LLC boosted its position in shares of Shift4 Payments by 52,033.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,564 shares of the company’s stock worth $108,000 after buying an additional 1,561 shares during the period. International Assets Investment Management LLC acquired a new stake in Shift4 Payments during the second quarter valued at $114,000. Finally, SG Americas Securities LLC bought a new position in Shift4 Payments during the second quarter valued at about $149,000. Institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling at Shift4 Payments

In other news, CFO Nancy Disman sold 20,000 shares of the business’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $81.30, for a total transaction of $1,626,000.00. Following the completion of the transaction, the chief financial officer now directly owns 182,959 shares in the company, valued at $14,874,566.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Jordan Frankel sold 12,500 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $82.57, for a total transaction of $1,032,125.00. Following the transaction, the insider now owns 228,021 shares in the company, valued at $18,827,693.97. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Nancy Disman sold 20,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $81.30, for a total transaction of $1,626,000.00. Following the completion of the sale, the chief financial officer now directly owns 182,959 shares of the company’s stock, valued at approximately $14,874,566.70. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 30.57% of the company’s stock.

Shift4 Payments Stock Performance

Shares of FOUR opened at $93.30 on Thursday. The company has a market cap of $8.17 billion, a PE ratio of 62.34, a P/E/G ratio of 1.01 and a beta of 1.64. The stock has a 50-day moving average of $85.36 and a 200-day moving average of $73.74. Shift4 Payments, Inc. has a one year low of $42.91 and a one year high of $96.96. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.35 and a quick ratio of 1.34.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.09. The company had revenue of $320.60 million during the quarter, compared to the consensus estimate of $314.10 million. Shift4 Payments had a return on equity of 24.19% and a net margin of 3.64%. Shift4 Payments’s revenue was up 40.6% on a year-over-year basis. During the same period last year, the business posted $0.58 earnings per share. On average, equities research analysts predict that Shift4 Payments, Inc. will post 3.11 EPS for the current fiscal year.

Analyst Ratings Changes

FOUR has been the topic of several recent research reports. Oppenheimer began coverage on Shift4 Payments in a report on Tuesday, October 1st. They set an “outperform” rating and a $109.00 price objective on the stock. Benchmark restated a “buy” rating and set a $99.00 target price on shares of Shift4 Payments in a report on Thursday, September 5th. DA Davidson increased their price target on Shift4 Payments from $104.00 to $118.00 and gave the company a “buy” rating in a research report on Monday. The Goldman Sachs Group upped their target price on Shift4 Payments from $96.00 to $106.00 and gave the company a “buy” rating in a research report on Monday, October 14th. Finally, Wells Fargo & Company increased their price target on shares of Shift4 Payments from $75.00 to $95.00 and gave the stock an “overweight” rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.11.

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.