Shift4 Payments, Inc. (NYSE:FOUR) Shares Acquired by MRP Capital Investments LLC

MRP Capital Investments LLC increased its stake in Shift4 Payments, Inc. (NYSE:FOUR) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,700 shares of the company’s stock after purchasing an additional 150 shares during the quarter. MRP Capital Investments LLC’s holdings in Shift4 Payments were worth $280,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Brown Brothers Harriman & Co. raised its position in Shift4 Payments by 41.9% in the third quarter. Brown Brothers Harriman & Co. now owns 492,849 shares of the company’s stock worth $43,666,000 after acquiring an additional 145,444 shares in the last quarter. Moody National Bank Trust Division raised its position in Shift4 Payments by 86.5% in the fourth quarter. Moody National Bank Trust Division now owns 15,849 shares of the company’s stock worth $1,645,000 after acquiring an additional 7,349 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Shift4 Payments in the fourth quarter worth about $812,000. Stifel Financial Corp raised its position in Shift4 Payments by 14.3% in the third quarter. Stifel Financial Corp now owns 56,894 shares of the company’s stock worth $5,041,000 after acquiring an additional 7,117 shares in the last quarter. Finally, Lebenthal Global Advisors LLC bought a new stake in Shift4 Payments in the fourth quarter worth about $328,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Insiders Place Their Bets

In other news, President David Taylor Lauber sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total transaction of $229,250.00. Following the completion of the transaction, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. The trade was a 0.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Nancy Disman sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now owns 177,622 shares of the company’s stock, valued at approximately $15,094,317.56. This trade represents a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,695 shares of company stock valued at $1,097,380 over the last 90 days. 30.57% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

FOUR has been the topic of several research reports. Morgan Stanley dropped their price target on shares of Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 27th. Royal Bank of Canada restated an “outperform” rating and set a $154.00 price objective on shares of Shift4 Payments in a report on Tuesday, March 4th. Bank of America downgraded Shift4 Payments from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $112.00 to $105.00 in a report on Wednesday, December 4th. Keefe, Bruyette & Woods boosted their price objective on Shift4 Payments from $112.00 to $125.00 and gave the stock a “market perform” rating in a report on Thursday, February 20th. Finally, Barclays cut their price objective on Shift4 Payments from $120.00 to $117.00 and set an “overweight” rating on the stock in a report on Monday, February 24th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $115.30.

Shift4 Payments Trading Down 0.9 %

Shares of NYSE FOUR opened at $87.45 on Friday. The stock has a market cap of $7.79 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 1.04 and a beta of 1.76. The business has a 50 day simple moving average of $105.57 and a 200 day simple moving average of $99.52. Shift4 Payments, Inc. has a 52 week low of $55.87 and a 52 week high of $127.50. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38.

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

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.