Vontobel Holding Ltd. Purchases New Position in Shift4 Payments, Inc. (NYSE:FOUR)

Vontobel Holding Ltd. purchased a new stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,935 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds also recently bought and sold shares of the business. Heck Capital Advisors LLC purchased a new position in shares of Shift4 Payments during the 4th quarter worth approximately $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Shift4 Payments during the 4th quarter worth approximately $28,000. UMB Bank n.a. purchased a new position in shares of Shift4 Payments during the 4th quarter worth approximately $29,000. Waldron Private Wealth LLC purchased a new position in shares of Shift4 Payments during the 3rd quarter worth approximately $25,000. Finally, Transcendent Capital Group LLC purchased a new position in shares of Shift4 Payments during the 3rd quarter worth approximately $27,000. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling

In related news, insider James J. Whalen sold 1,462 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $101.07, for a total value of $147,764.34. Following the transaction, the insider now directly owns 37,089 shares of the company’s stock, valued at approximately $3,748,585.23. This trade represents a 3.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jordan Frankel sold 5,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $99.01, for a total value of $495,050.00. Following the completion of the transaction, the insider now directly owns 222,112 shares in the company, valued at approximately $21,991,309.12. This represents a 2.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is owned by company insiders.

Shift4 Payments Price Performance

NYSE FOUR opened at $94.95 on Friday. The business’s fifty day moving average price is $110.73 and its 200-day moving average price is $97.66. The stock has a market capitalization of $8.55 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 1.09 and a beta of 1.72. The company has a debt-to-equity ratio of 2.71, a current ratio of 2.98 and a quick ratio of 2.97. Shift4 Payments, Inc. has a 1-year low of $55.87 and a 1-year high of $127.50.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.06. The firm had revenue of $405.00 million for the quarter, compared to analysts’ expectations of $1 billion. Shift4 Payments had a return on equity of 29.38% and a net margin of 6.89%. On average, equities analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on FOUR shares. The Goldman Sachs Group upped their target price on Shift4 Payments from $106.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Piper Sandler restated an “overweight” rating and issued a $143.00 price target (up previously from $120.00) on shares of Shift4 Payments in a research note on Wednesday. Benchmark downgraded Shift4 Payments from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. DA Davidson upped their price target on Shift4 Payments from $118.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Finally, Wells Fargo & Company upped their price target on Shift4 Payments from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Seven equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.19.

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.