Emerald Mutual Fund Advisers Trust Has $20.31 Million Stock Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

Emerald Mutual Fund Advisers Trust decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 33.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 195,684 shares of the company's stock after selling 99,974 shares during the quarter. Shift4 Payments makes up approximately 1.2% of Emerald Mutual Fund Advisers Trust's holdings, making the stock its 21st largest holding. Emerald Mutual Fund Advisers Trust owned about 0.22% of Shift4 Payments worth $20,308,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FOUR. Sanctuary Advisors LLC bought a new stake in shares of Shift4 Payments during the third quarter worth approximately $169,000. Tidal Investments LLC raised its position in shares of Shift4 Payments by 66.1% during the 3rd quarter. Tidal Investments LLC now owns 8,057 shares of the company's stock valued at $714,000 after acquiring an additional 3,206 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Shift4 Payments by 548.2% in the 4th quarter. GAMMA Investing LLC now owns 551 shares of the company's stock valued at $57,000 after purchasing an additional 466 shares during the period. Everence Capital Management Inc. acquired a new position in shares of Shift4 Payments in the 4th quarter valued at $259,000. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of Shift4 Payments during the fourth quarter worth $28,000. 98.87% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

FOUR has been the subject of several analyst reports. UBS Group decreased their target price on Shift4 Payments from $138.00 to $125.00 and set a "buy" rating for the company in a research report on Wednesday. Benchmark raised shares of Shift4 Payments from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Morgan Stanley reduced 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. Susquehanna upped their price objective on shares of Shift4 Payments from $100.00 to $125.00 and gave the company a "positive" rating in a research report on Wednesday. Finally, Royal Bank of Canada reduced their target price on Shift4 Payments from $154.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday. Six research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Shift4 Payments has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now directly owns 177,622 shares of the company's stock, valued at $15,094,317.56. This represents a 5.33 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President David Taylor Lauber sold 2,500 shares of the firm'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 sale, 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. In the last three months, insiders sold 12,695 shares of company stock worth $1,097,380. 30.57% of the stock is owned by company insiders.

Shift4 Payments Stock Performance

NYSE FOUR traded up $0.40 on Friday, hitting $82.13. 3,125,964 shares of the stock were exchanged, compared to its average volume of 1,686,756. The company has a market capitalization of $7.32 billion, a PE ratio of 26.75, a P/E/G ratio of 1.04 and a beta of 1.80. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. The business's fifty day moving average is $84.08 and its 200 day moving average is $98.31. Shift4 Payments, Inc. has a 52 week low of $56.10 and a 52 week high of $127.50.

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