Shift4 Payments, Inc. (NYSE:FOUR) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 7.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,162 shares of the company’s stock after selling 167 shares during the period. Atria Wealth Solutions Inc.’s holdings in Shift4 Payments were worth $224,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings in shares of Shift4 Payments by 2,954.7% during the fourth quarter. Principal Financial Group Inc. now owns 158,998 shares of the company’s stock worth $16,501,000 after purchasing an additional 153,793 shares during the period. WBH Advisory Inc. bought a new position in Shift4 Payments during the fourth quarter worth $211,000. Rhumbline Advisers increased its position in Shift4 Payments by 155.9% during the fourth quarter. Rhumbline Advisers now owns 185,795 shares of the company’s stock worth $19,282,000 after acquiring an additional 113,193 shares during the period. New Mexico Educational Retirement Board bought a new position in Shift4 Payments during the fourth quarter worth $1,391,000. Finally, Blue Trust Inc. increased its holdings in Shift4 Payments by 67.3% in the 4th quarter. Blue Trust Inc. now owns 425 shares of the company’s stock valued at $44,000 after buying an additional 171 shares during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Shift4 Payments news, insider James J. Whalen sold 1,462 shares of Shift4 Payments stock in a transaction dated 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 owns 37,089 shares in the company, valued at $3,748,585.23. The trade was a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider David Taylor Lauber sold 5,000 shares of Shift4 Payments stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $113.71, for a total value of $568,550.00. Following the completion of the transaction, the insider now owns 210,045 shares in the company, valued at approximately $23,884,216.95. This represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,462 shares of company stock worth $1,211,364. Company insiders own 30.57% of the company’s stock.

Shift4 Payments Trading Up 1.5 %

Shares of Shift4 Payments stock opened at $98.97 on Friday. The business has a fifty day simple moving average of $110.23 and a two-hundred day simple moving average of $98.83. Shift4 Payments, Inc. has a 1 year low of $55.87 and a 1 year high of $127.50. The company has a market capitalization of $8.92 billion, a price-to-earnings ratio of 32.24, a P/E/G ratio of 1.04 and a beta of 1.72. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97.

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

Wall Street Analysts Forecast Growth

FOUR has been the topic of several analyst reports. Benchmark lowered shares of Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Susquehanna upped their target price on shares of Shift4 Payments from $105.00 to $120.00 and gave the company a “positive” rating in a research report on Wednesday, November 13th. Keefe, Bruyette & Woods upped their price target on Shift4 Payments from $112.00 to $125.00 and gave the company a “market perform” rating in a research note on Thursday, February 20th. Oppenheimer lowered their target price on Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Finally, B. Riley increased their target price on Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Seven equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, Shift4 Payments presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.05.

Shift4 Payments Company 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.