Hunter Associates Investment Management LLC Purchases 5,554 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

Hunter Associates Investment Management LLC boosted its stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,992 shares of the company's stock after purchasing an additional 5,554 shares during the period. Shift4 Payments comprises about 1.0% of Hunter Associates Investment Management LLC's holdings, making the stock its 23rd largest holding. Hunter Associates Investment Management LLC owned about 0.09% of Shift4 Payments worth $6,772,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in FOUR. SG Americas Securities LLC raised its stake in Shift4 Payments by 253.0% during the first quarter. SG Americas Securities LLC now owns 11,705 shares of the company's stock worth $956,000 after buying an additional 8,389 shares during the last quarter. Fifth Third Bancorp raised its stake in Shift4 Payments by 4.1% during the first quarter. Fifth Third Bancorp now owns 4,646 shares of the company's stock worth $380,000 after buying an additional 181 shares during the last quarter. Cerity Partners LLC raised its stake in Shift4 Payments by 35.7% during the fourth quarter. Cerity Partners LLC now owns 4,629 shares of the company's stock worth $480,000 after buying an additional 1,218 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in Shift4 Payments by 54.7% during the first quarter. Asset Management One Co. Ltd. now owns 1,199 shares of the company's stock worth $98,000 after buying an additional 424 shares during the last quarter. Finally, Spire Wealth Management raised its stake in Shift4 Payments by 24.0% during the first quarter. Spire Wealth Management now owns 1,012 shares of the company's stock worth $83,000 after buying an additional 196 shares during the last quarter. Institutional investors own 98.87% of the company's stock.

Insiders Place Their Bets

In other news, CFO Nancy Disman sold 10,000 shares of the company's stock in a transaction on Monday, June 16th. The shares were sold at an average price of $90.33, for a total value of $903,300.00. Following the completion of the sale, the chief financial officer owned 167,622 shares of the company's stock, valued at approximately $15,141,295.26. This represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Karen Roter Davis sold 2,757 shares of the company's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $94.53, for a total transaction of $260,619.21. Following the completion of the sale, the director directly owned 6,592 shares of the company's stock, valued at $623,141.76. This trade represents a 29.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,757 shares of company stock valued at $1,258,449 in the last quarter. Corporate insiders own 25.15% of the company's stock.

Analyst Upgrades and Downgrades

FOUR has been the subject of a number of analyst reports. Raymond James Financial lowered their target price on shares of Shift4 Payments from $140.00 to $130.00 and set a "strong-buy" rating for the company in a research note on Friday, April 4th. UBS Group reduced their price target on shares of Shift4 Payments from $138.00 to $125.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. DA Davidson restated a "buy" rating and issued a $124.00 price target on shares of Shift4 Payments in a report on Thursday, June 5th. Barclays reduced their price target on shares of Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating for the company in a report on Thursday, April 3rd. Finally, BTIG Research reduced their price objective on shares of Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $116.10.

Shift4 Payments Price Performance

Shift4 Payments stock traded down $2.66 during midday trading on Friday, hitting $100.99. 422,486 shares of the company's stock were exchanged, compared to its average volume of 1,797,490. Shift4 Payments, Inc. has a 52-week low of $57.45 and a 52-week high of $127.50. The stock has a 50-day moving average price of $93.14 and a two-hundred day moving average price of $95.81. The company has a debt-to-equity ratio of 2.12, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $8.95 billion, a P/E ratio of 34.12, a PEG ratio of 0.75 and a beta of 1.80.

Shift4 Payments (NYSE:FOUR - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.31. Shift4 Payments had a net margin of 6.50% and a return on equity of 32.97%. The business had revenue of $368.50 million during the quarter, compared to analysts' expectations of $886.09 million. During the same quarter in the previous year, the company earned $0.54 EPS. The business's quarterly revenue was up 39.7% compared to the same quarter last year. On average, equities research analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

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.