Dimensional Fund Advisors LP Has $96.20 Million Stake in Shift4 Payments, Inc. (NYSE:FOUR)

Dimensional Fund Advisors LP decreased its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 926,970 shares of the company's stock after selling 7,782 shares during the period. Dimensional Fund Advisors LP owned 1.03% of Shift4 Payments worth $96,204,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Heck Capital Advisors LLC bought a new stake in Shift4 Payments during the 4th quarter valued at approximately $26,000. Rakuten Securities Inc. boosted its stake in Shift4 Payments by 153.9% during the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock valued at $27,000 after purchasing an additional 157 shares during the period. Central Pacific Bank Trust Division bought a new stake in Shift4 Payments during the 4th quarter valued at approximately $28,000. UMB Bank n.a. bought a new stake in Shift4 Payments during the 4th quarter valued at approximately $29,000. Finally, Valley National Advisers Inc. bought a new stake in Shift4 Payments during the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 98.87% of the company's stock.

Analysts Set New Price Targets

FOUR has been the subject of several recent analyst reports. Royal Bank of Canada restated an "outperform" rating and set a $154.00 target price on shares of Shift4 Payments in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods reduced their price objective on Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating for the company in a research report on Monday, March 31st. Wells Fargo & Company reduced their price objective on Shift4 Payments from $115.00 to $100.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Stephens reiterated an "overweight" rating and issued a $125.00 price objective on shares of Shift4 Payments in a research report on Wednesday, February 19th. Finally, Barclays reduced their price objective on Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating for the company in a research report on Thursday, April 3rd. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $111.30.

Shift4 Payments Trading Down 0.8 %

FOUR stock opened at $79.62 on Tuesday. The business has a fifty day moving average price of $85.10 and a 200 day moving average price of $98.61. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 1.04 and a beta of 1.80. Shift4 Payments, Inc. has a fifty-two week low of $56.10 and a fifty-two week high of $127.50. 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 - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. The company 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%. Analysts expect that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity

In related news, President David Taylor Lauber sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $91.70, for a total value of $229,250.00. Following the sale, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. This trade represents a 0.94 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Nancy Disman sold 10,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now owns 177,622 shares in the company, valued at $15,094,317.56. This represents a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,695 shares of company stock valued at $1,097,380. Company insiders own 30.57% of the company's stock.

Shift4 Payments 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.

Want to see what other hedge funds are holding FOUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shift4 Payments, Inc. (NYSE:FOUR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.