Continental Advisors LLC Buys Shares of 91,534 Repay Holdings Co. (NASDAQ:RPAY)

Continental Advisors LLC bought a new position in Repay Holdings Co. (NASDAQ:RPAY - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 91,534 shares of the company's stock, valued at approximately $698,000. Continental Advisors LLC owned approximately 0.09% of Repay at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Sunriver Management LLC boosted its holdings in shares of Repay by 11.6% during the fourth quarter. Sunriver Management LLC now owns 6,043,368 shares of the company's stock worth $46,111,000 after purchasing an additional 626,528 shares during the period. Wellington Management Group LLP lifted its stake in Repay by 3.3% in the fourth quarter. Wellington Management Group LLP now owns 4,710,491 shares of the company's stock valued at $35,941,000 after acquiring an additional 152,078 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Repay by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,339,948 shares of the company's stock valued at $33,114,000 after acquiring an additional 243,743 shares during the last quarter. American Century Companies Inc. lifted its stake in Repay by 6.8% in the fourth quarter. American Century Companies Inc. now owns 4,171,648 shares of the company's stock valued at $31,830,000 after acquiring an additional 267,184 shares during the last quarter. Finally, River Road Asset Management LLC lifted its stake in Repay by 31.7% in the fourth quarter. River Road Asset Management LLC now owns 2,490,949 shares of the company's stock valued at $19,006,000 after acquiring an additional 599,840 shares during the last quarter. 82.73% of the stock is owned by hedge funds and other institutional investors.

Repay Price Performance

NASDAQ RPAY traded up $0.02 on Friday, hitting $4.41. 590,472 shares of the company were exchanged, compared to its average volume of 890,134. The firm has a 50 day moving average of $5.64 and a two-hundred day moving average of $7.05. The company has a market cap of $429.92 million, a P/E ratio of -5.07 and a beta of 1.64. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.64. Repay Holdings Co. has a 1-year low of $4.24 and a 1-year high of $11.27.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on RPAY shares. UBS Group dropped their target price on shares of Repay from $9.50 to $7.50 and set a "neutral" rating on the stock in a research report on Tuesday, March 4th. Stephens reaffirmed an "overweight" rating and set a $11.00 target price on shares of Repay in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods dropped their target price on shares of Repay from $9.00 to $8.00 and set a "market perform" rating on the stock in a research report on Monday, January 6th. Barclays cut their target price on Repay from $9.00 to $6.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Finally, Canaccord Genuity Group reduced their target price on shares of Repay from $13.00 to $12.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $9.94.

Repay Profile

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.