Dimensional Fund Advisors LP Purchases 243,743 Shares of Repay Holdings Co. (NASDAQ:RPAY)

Dimensional Fund Advisors LP boosted its position in shares of Repay Holdings Co. (NASDAQ:RPAY - Free Report) by 6.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,339,948 shares of the company's stock after purchasing an additional 243,743 shares during the quarter. Dimensional Fund Advisors LP owned about 4.45% of Repay worth $33,114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in RPAY. Principal Financial Group Inc. raised its stake in shares of Repay by 11.0% during the fourth quarter. Principal Financial Group Inc. now owns 152,655 shares of the company's stock worth $1,165,000 after buying an additional 15,141 shares during the last quarter. Barclays PLC lifted its stake in shares of Repay by 2,382.5% in the 3rd quarter. Barclays PLC now owns 1,486,977 shares of the company's stock valued at $12,134,000 after purchasing an additional 1,427,078 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Repay by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 492,166 shares of the company's stock worth $4,016,000 after purchasing an additional 112,125 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Repay by 34.0% during the fourth quarter. Empowered Funds LLC now owns 475,818 shares of the company's stock worth $3,630,000 after purchasing an additional 120,777 shares during the period. Finally, River Road Asset Management LLC increased its holdings 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 purchasing an additional 599,840 shares during the last quarter. 82.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group decreased their target price on Repay from $9.50 to $7.50 and set a "neutral" rating for the company in a research report on Tuesday, March 4th. DA Davidson reaffirmed a "buy" rating and issued a $14.00 target price on shares of Repay in a research note on Thursday, February 27th. BMO Capital Markets reduced their price target on shares of Repay from $10.00 to $8.00 and set a "market perform" rating on the stock in a research report on Tuesday, March 4th. Barclays lowered their price objective on shares of Repay from $9.00 to $6.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Finally, Stephens reiterated an "overweight" rating and set a $11.00 target price on shares of Repay in a report on Tuesday, March 4th. Three investment analysts have 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 has an average rating of "Moderate Buy" and a consensus target price of $9.94.

Repay Stock Performance

RPAY opened at $3.78 on Monday. The company has a market capitalization of $368.50 million, a price-to-earnings ratio of -4.34 and a beta of 1.61. The business's 50-day moving average price is $5.30 and its two-hundred day moving average price is $6.91. Repay Holdings Co. has a 1 year low of $3.71 and a 1 year high of $11.27. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.70 and a quick ratio of 2.70.

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.

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