E. Ohman J or Asset Management AB Has $2.28 Million Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

E. Ohman J or Asset Management AB increased its position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 17.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,956 shares of the company's stock after buying an additional 4,180 shares during the quarter. E. Ohman J or Asset Management AB's holdings in Shift4 Payments were worth $2,284,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Shift4 Payments by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock valued at $678,668,000 after purchasing an additional 562,774 shares during the last quarter. Darlington Partners Capital Management LP lifted its holdings in shares of Shift4 Payments by 17.2% during the fourth quarter. Darlington Partners Capital Management LP now owns 2,510,014 shares of the company's stock valued at $260,489,000 after purchasing an additional 367,500 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Shift4 Payments by 41.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company's stock valued at $127,689,000 after purchasing an additional 350,703 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Shift4 Payments by 10.0% during the fourth quarter. Geode Capital Management LLC now owns 1,164,586 shares of the company's stock valued at $120,899,000 after purchasing an additional 106,217 shares during the last quarter. Finally, Spyglass Capital Management LLC lifted its holdings in shares of Shift4 Payments by 22.7% during the fourth quarter. Spyglass Capital Management LLC now owns 981,859 shares of the company's stock valued at $101,897,000 after purchasing an additional 181,539 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on FOUR shares. DA Davidson reaffirmed a "buy" rating and set a $124.00 target price on shares of Shift4 Payments in a report on Thursday, June 5th. BTIG Research reduced their target price on Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Royal Bank of Canada reduced their target price on Shift4 Payments from $154.00 to $127.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Barclays dropped their price target on Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. Finally, Stephens reissued an "overweight" rating and set a $125.00 price target on shares of Shift4 Payments in a research report on Wednesday, February 19th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Shift4 Payments currently has a consensus rating of "Moderate Buy" and a consensus target price of $115.35.

Shift4 Payments Stock Down 0.7%

Shares of NYSE FOUR traded down $0.66 during mid-day trading on Tuesday, reaching $94.95. 1,020,988 shares of the company traded hands, compared to its average volume of 1,681,780. The company's fifty day moving average is $85.02 and its two-hundred day moving average is $97.08. Shift4 Payments, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $127.50. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. The stock has a market cap of $8.41 billion, a PE ratio of 30.93, a price-to-earnings-growth ratio of 1.04 and a beta of 1.82.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.31. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The firm had revenue of $368.50 million during the quarter, compared to analyst estimates of $886.09 million. During the same period in the previous year, the company earned $0.54 EPS. The company's revenue for the quarter was up 39.7% on a year-over-year basis. On average, analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Insider Buying and Selling

In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the firm's stock in a transaction that occurred 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 sale, the chief financial officer now owns 177,622 shares of the company's stock, valued at $15,094,317.56. This trade represents a 5.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 25.15% of the company's stock.

About Shift4 Payments

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.