SG Americas Securities LLC Buys 8,389 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

SG Americas Securities LLC boosted its holdings in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 253.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,705 shares of the company's stock after acquiring an additional 8,389 shares during the quarter. SG Americas Securities LLC's holdings in Shift4 Payments were worth $956,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in shares of Shift4 Payments by 36.1% during the first quarter. GAMMA Investing LLC now owns 750 shares of the company's stock valued at $61,000 after purchasing an additional 199 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Shift4 Payments by 91.4% during the first quarter. UMB Bank n.a. now owns 534 shares of the company's stock worth $44,000 after purchasing an additional 255 shares during the period. E. Ohman J or Asset Management AB boosted its holdings in shares of Shift4 Payments by 17.6% during the first quarter. E. Ohman J or Asset Management AB now owns 27,956 shares of the company's stock worth $2,284,000 after purchasing an additional 4,180 shares during the period. NBC Securities Inc. grew its position in Shift4 Payments by 57,816.7% during the first quarter. NBC Securities Inc. now owns 3,475 shares of the company's stock valued at $283,000 after purchasing an additional 3,469 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in Shift4 Payments by 0.4% in the 1st quarter. Rhumbline Advisers now owns 186,495 shares of the company's stock valued at $15,238,000 after buying an additional 700 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Shift4 Payments Price Performance

NYSE:FOUR traded up $0.47 during mid-day trading on Friday, hitting $92.29. The company's stock had a trading volume of 1,278,471 shares, compared to its average volume of 1,682,721. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 0.65 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 2.12. Shift4 Payments, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $127.50. The stock has a fifty day moving average of $87.42 and a 200-day moving average of $95.99.

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

Insider Buying and Selling at Shift4 Payments

In other news, CFO Nancy Disman sold 10,000 shares of the business's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $90.33, for a total value of $903,300.00. Following the sale, the chief financial officer now directly owns 167,622 shares in the company, valued at $15,141,295.26. The trade was a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Sarah Goldsmith-Grover sold 1,000 shares of Shift4 Payments stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $94.53, for a total value of $94,530.00. Following the completion of the sale, the director now directly owns 7,474 shares in the company, valued at approximately $706,517.22. This represents a 11.80% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,757 shares of company stock worth $1,258,449. Company insiders own 25.15% of the company's stock.

Wall Street Analysts Forecast Growth

FOUR has been the subject of a number of research reports. Royal Bank Of Canada decreased their target price on shares of Shift4 Payments from $154.00 to $127.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Truist Financial started coverage on Shift4 Payments in a research report on Monday, June 2nd. They set a "hold" rating and a $97.00 price objective for the company. William Blair reaffirmed an "outperform" rating on shares of Shift4 Payments in a research report on Wednesday, April 30th. Benchmark upgraded Shift4 Payments from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 30th. Finally, BTIG Research dropped their price objective on Shift4 Payments from $135.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $115.35.

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.