Villanova Investment Management Co LLC Reduces Position in Repay Holdings Corporation $RPAY

Key Points

• Villanova Investment Management Co LLC decreased its stake in Repay Holdings Corporation by 63.7%, selling 226,378 shares and holding 129,099 shares after the reduction, which now represents 2.0% of their portfolio.
• Repay Holdings Corporation experienced a decrease in share price, trading down 5.0%, with a current trading price of $5.66.
• Several analysts have upgraded Repay's rating from "hold" to "buy," and the company has an average target price of $7.22 according to MarketBeat.

Villanova Investment Management Co LLC trimmed its holdings in shares of Repay Holdings Corporation (NASDAQ:RPAY - Free Report) by 63.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,099 shares of the company's stock after selling 226,378 shares during the period. Repay makes up about 2.0% of Villanova Investment Management Co LLC's portfolio, making the stock its 17th biggest position. Villanova Investment Management Co LLC owned about 0.13% of Repay worth $719,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of RPAY. Nuveen LLC acquired a new stake in Repay during the 1st quarter valued at approximately $5,764,000. Millennium Management LLC lifted its stake in Repay by 120.6% during the 4th quarter. Millennium Management LLC now owns 1,737,811 shares of the company's stock valued at $13,259,000 after acquiring an additional 950,185 shares during the period. Private Management Group Inc. lifted its stake in Repay by 52.6% during the 1st quarter. Private Management Group Inc. now owns 2,654,679 shares of the company's stock valued at $14,787,000 after acquiring an additional 914,529 shares during the period. Sovereign s Capital Management LLC acquired a new stake in Repay during the 4th quarter valued at approximately $4,408,000. Finally, American Century Companies Inc. lifted its stake in Repay by 6.1% during the 1st quarter. American Century Companies Inc. now owns 4,427,315 shares of the company's stock valued at $24,660,000 after acquiring an additional 255,667 shares during the period. 82.73% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. DA Davidson decreased their price objective on shares of Repay from $12.00 to $10.00 and set a "buy" rating for the company in a research note on Wednesday, August 13th. UBS Group boosted their target price on shares of Repay from $4.50 to $5.75 and gave the company a "neutral" rating in a research note on Wednesday, August 13th. Citigroup decreased their target price on shares of Repay from $8.00 to $4.50 and set a "neutral" rating for the company in a research note on Monday, May 19th. Wall Street Zen upgraded shares of Repay from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Repay from $5.00 to $5.75 and gave the company a "market perform" rating in a research note on Tuesday, August 12th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $7.22.

Repay Price Performance

NASDAQ:RPAY traded down $0.03 during trading hours on Friday, reaching $5.89. 516,666 shares of the company were exchanged, compared to its average volume of 714,665. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.44. The stock's 50-day moving average is $5.36 and its 200-day moving average is $5.09. The firm has a market cap of $537.97 million, a PE ratio of -4.67 and a beta of 1.62. Repay Holdings Corporation has a twelve month low of $3.59 and a twelve month high of $9.75.

Repay (NASDAQ:RPAY - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $0.20 earnings per share for the quarter, hitting analysts' consensus estimates of $0.20. The company had revenue of $75.63 million during the quarter, compared to analysts' expectations of $74.24 million. Repay had a negative net margin of 35.79% and a positive return on equity of 8.89%. The firm's revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. On average, sell-side analysts anticipate that Repay Holdings Corporation will post 0.72 earnings per share for the current fiscal year.

Repay Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.