Emerald Mutual Fund Advisers Trust Decreases Stock Position in Shift4 Payments, Inc. (NYSE:FOUR)

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

Other large investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new stake in shares of Shift4 Payments in the 4th quarter valued at about $26,000. Rakuten Securities Inc. increased its position in shares of Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock worth $27,000 after purchasing an additional 157 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in Shift4 Payments in the fourth quarter valued at approximately $28,000. UMB Bank n.a. purchased a new position in Shift4 Payments in the 4th quarter worth approximately $29,000. Finally, Valley National Advisers Inc. bought a new position in shares of Shift4 Payments in the 4th quarter worth $31,000. 98.87% of the stock is owned by institutional investors.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of Shift4 Payments stock in a transaction on Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the sale, the chief financial officer now owns 177,622 shares of the company's stock, valued at approximately $15,094,317.56. This trade represents a 5.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President David Taylor Lauber sold 2,500 shares of the stock in a transaction 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,695 shares of company stock valued at $1,097,380 in the last quarter. 30.57% of the stock is owned by insiders.

Shift4 Payments Stock Up 0.5 %

Shares of NYSE:FOUR traded up $0.40 during trading on Friday, hitting $82.13. The stock had a trading volume of 3,125,964 shares, compared to its average volume of 1,683,485. The company has a market capitalization of $7.32 billion, a PE ratio of 26.75, a PEG ratio of 1.04 and a beta of 1.80. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The firm's fifty day moving average is $84.36 and its 200 day moving average is $98.35. Shift4 Payments, Inc. has a 12 month low of $56.10 and a 12 month high of $127.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its quarterly 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. The company had revenue of $368.50 million during the quarter, compared to analysts' expectations of $886.09 million. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. Shift4 Payments's revenue was up 39.7% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. Analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Susquehanna lifted their price objective on shares of Shift4 Payments from $100.00 to $125.00 and gave the stock a "positive" rating in a report on Wednesday. BTIG Research cut their price objective on Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 10th. William Blair reissued an "outperform" rating on shares of Shift4 Payments in a report on Wednesday. Raymond James dropped their target price on Shift4 Payments from $140.00 to $130.00 and set a "strong-buy" rating for the company in a research report on Friday, April 4th. Finally, Stephens reiterated an "overweight" rating and set a $125.00 price target on shares of Shift4 Payments in a research report on Wednesday, February 19th. Six investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $112.38.

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.