Repay Holdings Co. (NASDAQ:RPAY) Shares Acquired by Villanova Investment Management Co LLC

Villanova Investment Management Co LLC lifted its holdings in shares of Repay Holdings Co. (NASDAQ:RPAY) by 71.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 281,439 shares of the company’s stock after acquiring an additional 117,573 shares during the period. Repay accounts for about 2.5% of Villanova Investment Management Co LLC’s holdings, making the stock its 9th biggest position. Villanova Investment Management Co LLC’s holdings in Repay were worth $2,297,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of RPAY. Blue Trust Inc. raised its stake in Repay by 340.0% during the 3rd quarter. Blue Trust Inc. now owns 3,586 shares of the company’s stock valued at $29,000 after acquiring an additional 2,771 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of Repay in the third quarter valued at approximately $59,000. Point72 DIFC Ltd purchased a new stake in shares of Repay during the third quarter worth approximately $99,000. Entropy Technologies LP purchased a new position in Repay in the 3rd quarter valued at $109,000. Finally, Creative Planning acquired a new position in Repay in the 3rd quarter valued at $115,000. 82.73% of the stock is owned by institutional investors and hedge funds.

Repay Stock Down 3.3 %

RPAY stock opened at $7.68 on Friday. 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’s 50-day moving average price is $8.02 and its 200 day moving average price is $8.87. Repay Holdings Co. has a 52 week low of $7.04 and a 52 week high of $11.27. The company has a market cap of $749.82 million, a P/E ratio of -8.83 and a beta of 1.42.

Repay (NASDAQ:RPAY) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Repay had a positive return on equity of 8.73% and a negative net margin of 25.53%. The business had revenue of $79.15 million for the quarter, compared to analyst estimates of $78.97 million. During the same quarter in the previous year, the company earned $0.16 EPS. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, research analysts expect that Repay Holdings Co. will post 0.73 earnings per share for the current fiscal year.

Insider Buying and Selling at Repay

In other Repay news, EVP Jacob Hamilton Moore sold 51,694 shares of Repay stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $8.00, for a total transaction of $413,552.00. Following the completion of the transaction, the executive vice president now owns 140,130 shares in the company, valued at approximately $1,121,040. The trade was a 26.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 11.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently commented on RPAY. Barclays reduced their target price on shares of Repay from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Monday, August 12th. Benchmark reiterated a “buy” rating and set a $13.00 target price on shares of Repay in a research report on Tuesday, August 13th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $13.00 target price on shares of Repay in a research note on Wednesday, November 13th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $12.83.

About Repay

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.