Bokf Na Has $1.92 Million Stock Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

BOKF NA reduced its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 62.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,354 shares of the company's stock after selling 30,890 shares during the quarter. BOKF NA's holdings in Shift4 Payments were worth $1,918,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of FOUR. Vanguard Group Inc. lifted its holdings in shares of Shift4 Payments by 9.4% during the 4th quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock valued at $678,668,000 after purchasing an additional 562,774 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Shift4 Payments by 41.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company's stock valued at $127,689,000 after purchasing an additional 350,703 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Shift4 Payments by 10.0% in the fourth quarter. Geode Capital Management LLC now owns 1,164,586 shares of the company's stock valued at $120,899,000 after buying an additional 106,217 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in shares of Shift4 Payments by 16.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 571,577 shares of the company's stock valued at $59,318,000 after buying an additional 78,728 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Shift4 Payments by 84.4% in the fourth quarter. Northern Trust Corp now owns 520,990 shares of the company's stock valued at $54,068,000 after buying an additional 238,478 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Stock Performance

Shares of NYSE FOUR traded down $0.36 during trading hours on Wednesday, reaching $91.74. 527,754 shares of the stock were exchanged, compared to its average volume of 1,671,985. Shift4 Payments, Inc. has a 52 week low of $57.45 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. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 29.88, a P/E/G ratio of 1.04 and a beta of 1.80. The stock's fifty day simple moving average is $82.80 and its 200 day simple moving average is $97.89.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.31. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The company had revenue of $368.50 million for the quarter, compared to analysts' expectations of $886.09 million. During the same quarter last year, the business earned $0.54 earnings per share. Shift4 Payments's revenue was up 39.7% on a year-over-year basis. Sell-side analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

FOUR has been the subject of several research analyst reports. Stephens reiterated an "overweight" rating and issued a $125.00 price target on shares of Shift4 Payments in a report on Wednesday, February 19th. William Blair reiterated an "outperform" rating on shares of Shift4 Payments in a report on Wednesday, April 30th. Barclays lowered their target price on Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating for the company in a report on Thursday, April 3rd. Morgan Stanley dropped their target price on 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. Finally, DA Davidson dropped their target price on Shift4 Payments from $140.00 to $124.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Six research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Shift4 Payments currently has an average rating of "Moderate Buy" and an average target price of $114.25.

Insider Activity at Shift4 Payments

In other news, CFO Nancy Disman sold 10,000 shares of the company's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $84.98, for a total transaction of $849,800.00. Following the completion of the transaction, the chief financial officer now directly owns 177,622 shares in the company, valued at approximately $15,094,317.56. This represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President David Taylor Lauber sold 2,500 shares of the company's stock in a transaction 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 transaction, the president now owns 264,856 shares of the company's stock, valued at $24,287,295.20. This trade represents a 0.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,695 shares of company stock valued at $1,097,380 over the last ninety days. 25.15% of the stock is owned by corporate insiders.

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.