Polianta Ltd Acquires New Position in Shift4 Payments, Inc. (NYSE:FOUR)

Polianta Ltd acquired a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 12,700 shares of the company's stock, valued at approximately $1,037,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC purchased a new stake in shares of Shift4 Payments during the fourth quarter worth approximately $26,000. Rakuten Securities Inc. increased its stake in Shift4 Payments by 153.9% in the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock valued at $27,000 after buying an additional 157 shares during the period. Elequin Capital LP raised its position in Shift4 Payments by 62.3% during the 4th quarter. Elequin Capital LP now owns 297 shares of the company's stock worth $31,000 after buying an additional 114 shares during the last quarter. Morse Asset Management Inc purchased a new position in Shift4 Payments during the 4th quarter worth $36,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Shift4 Payments in the 4th quarter worth $37,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Shift4 Payments Price Performance

Shares of NYSE FOUR traded down $4.60 on Friday, hitting $88.72. The company's stock had a trading volume of 1,797,875 shares, compared to its average volume of 1,682,027. The stock has a 50 day moving average of $85.85 and a 200-day moving average of $96.94. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.04 and a beta of 1.82. Shift4 Payments, Inc. has a 12-month low of $57.45 and a 12-month high of $127.50. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Benchmark upgraded shares of Shift4 Payments from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 30th. Keefe, Bruyette & Woods dropped their target price on Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating on the stock in a research report on Monday, March 31st. Barclays cut their target price on Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating for the company in a research note on Thursday, April 3rd. B. Riley restated a "buy" rating on shares of Shift4 Payments in a research note on Monday, June 2nd. Finally, Royal Bank of Canada dropped their price objective on Shift4 Payments from $154.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Shift4 Payments currently has a consensus rating of "Moderate Buy" and a consensus target price of $115.35.

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.