Shift4 Payments, Inc. (NYSE:FOUR) Stock Holdings Lifted by Maestria Partners LLC

Maestria Partners LLC lifted its stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 40.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 265,200 shares of the company's stock after buying an additional 76,200 shares during the quarter. Shift4 Payments comprises 9.2% of Maestria Partners LLC's portfolio, making the stock its 4th biggest holding. Maestria Partners LLC owned 0.30% of Shift4 Payments worth $21,669,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH purchased a new stake in shares of Shift4 Payments during the first quarter worth about $270,000. SRH Advisors LLC purchased a new stake in shares of Shift4 Payments during the first quarter worth about $26,000. IFP Advisors Inc grew its position in shares of Shift4 Payments by 10.4% during the first quarter. IFP Advisors Inc now owns 2,567 shares of the company's stock worth $214,000 after purchasing an additional 242 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in Shift4 Payments by 24.7% during the 1st quarter. Verdence Capital Advisors LLC now owns 4,198 shares of the company's stock valued at $343,000 after buying an additional 832 shares in the last quarter. Finally, Edgestream Partners L.P. grew its holdings in Shift4 Payments by 56.2% during the 1st quarter. Edgestream Partners L.P. now owns 29,794 shares of the company's stock valued at $2,434,000 after buying an additional 10,718 shares in the last quarter. Institutional investors own 98.87% of the company's stock.

Insider Activity

In other news, CFO Nancy Disman sold 10,000 shares of Shift4 Payments stock in a transaction on Monday, June 16th. The stock was sold at an average price of $90.33, for a total value of $903,300.00. Following the transaction, the chief financial officer directly owned 167,622 shares in the company, valued at approximately $15,141,295.26. This trade represents a 5.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Sarah Goldsmith-Grover sold 1,000 shares of Shift4 Payments stock in a transaction 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 transaction, the director owned 7,474 shares in the company, valued at $706,517.22. This represents a 11.80% decrease in their ownership of the stock. 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. 25.15% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on FOUR shares. Piper Sandler cut their price target on Shift4 Payments from $143.00 to $113.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. Wall Street Zen cut Shift4 Payments from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Benchmark upgraded Shift4 Payments from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 30th. Susquehanna raised their price target on Shift4 Payments from $100.00 to $125.00 and gave the company a "positive" rating in a report on Wednesday, April 30th. Finally, Keefe, Bruyette & Woods raised their price target on Shift4 Payments from $95.00 to $110.00 and gave the company a "market perform" rating in a report on Wednesday, July 9th. Six research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Shift4 Payments has an average rating of "Moderate Buy" and a consensus price target of $116.70.

Shift4 Payments Stock Down 1.9%

NYSE FOUR traded down $1.99 on Thursday, reaching $104.71. 953,795 shares of the stock traded hands, compared to its average volume of 1,756,524. 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 fifty day moving average price of $96.46 and a 200-day moving average price of $95.74. The company has a market cap of $9.28 billion, a price-to-earnings ratio of 35.38 and a beta of 1.80. Shift4 Payments, Inc. has a 12 month low of $57.45 and a 12 month high of $127.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.31. Shift4 Payments had a return on equity of 32.97% and a net margin of 6.50%. The business 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 posted $0.54 EPS. Shift4 Payments's revenue was up 39.7% on a year-over-year basis. As a group, research analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

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.