KTF Investments LLC Buys New Stake in Shift4 Payments, Inc. $FOUR

Key Points

• KTF Investments LLC bought a new Q4 stake of 67,460 shares in Shift4 Payments (NYSE:FOUR), worth about $4.25 million and representing roughly 0.08% of the company.
• Insider Jared Isaacman acquired 43,827 shares at $45.75 (~$2.01 million) on March 10, raising his holdings to 1,410,727 shares and contributing to insiders owning about 25.15% of the stock.
• Analysts have trimmed price targets and ratings recently, leaving Shift4 with a MarketBeat consensus rating of "Hold" and a consensus target price of $72.76.

KTF Investments LLC bought a new stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 67,460 shares of the company's stock, valued at approximately $4,248,000. KTF Investments LLC owned about 0.08% of Shift4 Payments as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in FOUR. Advisors Asset Management Inc. increased its holdings in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company's stock valued at $35,000 after purchasing an additional 217 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Shift4 Payments by 148.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company's stock valued at $41,000 after purchasing an additional 314 shares during the last quarter. Vestcor Inc acquired a new stake in Shift4 Payments in the 3rd quarter valued at approximately $45,000. Johnson Financial Group Inc. increased its holdings in Shift4 Payments by 282.2% in the 3rd quarter. Johnson Financial Group Inc. now owns 646 shares of the company's stock valued at $50,000 after purchasing an additional 477 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Shift4 Payments by 25.9% in the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company's stock valued at $54,000 after buying an additional 177 shares during the period. Institutional investors and hedge funds own 98.87% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. DA Davidson dropped their price target on shares of Shift4 Payments from $104.00 to $82.00 and set a "buy" rating for the company in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Shift4 Payments from a "buy" rating to a "hold" rating and dropped their price target for the stock from $100.00 to $65.00 in a research note on Thursday, January 15th. Keefe, Bruyette & Woods dropped their price target on shares of Shift4 Payments from $72.00 to $60.00 and set a "market perform" rating for the company in a research note on Friday, February 27th. Weiss Ratings downgraded shares of Shift4 Payments from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, March 16th. Finally, Truist Financial set a $71.00 price target on shares of Shift4 Payments in a research note on Tuesday, January 20th. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Shift4 Payments presently has a consensus rating of "Hold" and a consensus target price of $72.76.

Insider Activity

In other news, major shareholder Jared Isaacman acquired 43,827 shares of the firm's stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of $45.75 per share, with a total value of $2,005,085.25. Following the transaction, the insider owned 1,410,727 shares in the company, valued at approximately $64,540,760.25. This trade represents a 3.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have acquired 385,757 shares of company stock worth $17,666,153. 25.15% of the stock is currently owned by insiders.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $44.97 on Tuesday. The company has a fifty day simple moving average of $47.46 and a two-hundred day simple moving average of $60.01. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 0.50 and a beta of 1.60. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. Shift4 Payments, Inc. has a 52 week low of $39.90 and a 52 week high of $108.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The business had revenue of $610.00 million during the quarter, compared to analysts' expectations of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company's revenue for the quarter was up 50.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, equities analysts anticipate that Shift4 Payments, Inc. will post 4.65 earnings per share for the current fiscal year.

About Shift4 Payments

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company's platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company's core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.

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