Shift4 Payments, Inc. (NYSE:FOUR) Shares Sold by Graham Capital Management L.P.

Graham Capital Management L.P. reduced its holdings in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 32.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,215 shares of the company's stock after selling 30,300 shares during the period. Graham Capital Management L.P. owned approximately 0.07% of Shift4 Payments worth $6,664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. increased its position in Shift4 Payments by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock worth $678,668,000 after purchasing an additional 562,774 shares during the last quarter. Darlington Partners Capital Management LP increased its position in shares of Shift4 Payments by 17.2% during the fourth quarter. Darlington Partners Capital Management LP now owns 2,510,014 shares of the company's stock valued at $260,489,000 after acquiring an additional 367,500 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Shift4 Payments by 41.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company's stock valued at $127,689,000 after acquiring an additional 350,703 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Shift4 Payments by 10.0% during the fourth quarter. Geode Capital Management LLC now owns 1,164,586 shares of the company's stock valued at $120,899,000 after acquiring an additional 106,217 shares during the last quarter. Finally, Brown Brothers Harriman & Co. increased its position in shares of Shift4 Payments by 16.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 571,577 shares of the company's stock valued at $59,318,000 after acquiring an additional 78,728 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. BTIG Research dropped their price target on shares of Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Benchmark raised shares of Shift4 Payments from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 30th. UBS Group lowered their price objective on shares of Shift4 Payments from $138.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Royal Bank of Canada lowered their price objective 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. Finally, Susquehanna raised their price objective on shares of Shift4 Payments from $100.00 to $125.00 and gave the company a "positive" rating in a research note on Wednesday, April 30th. Six equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Shift4 Payments currently has an average rating of "Moderate Buy" and a consensus target price of $114.25.

Insider Buying and Selling at Shift4 Payments

In other news, CFO Nancy Disman sold 10,000 shares of the company's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $84.98, for a total transaction of $849,800.00. Following the transaction, the chief financial officer now directly owns 177,622 shares of the company's stock, valued at $15,094,317.56. This represents a 5.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President David Taylor Lauber sold 2,500 shares of the company's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total transaction of $229,250.00. Following the transaction, the president now directly owns 264,856 shares in the company, valued at approximately $24,287,295.20. This trade represents a 0.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,695 shares of company stock valued at $1,097,380. 25.15% of the stock is owned by company insiders.

Shift4 Payments Stock Down 0.5%

Shift4 Payments stock traded down $0.47 during trading on Wednesday, reaching $91.64. The stock had a trading volume of 239,308 shares, compared to its average volume of 1,670,943. Shift4 Payments, Inc. has a 52-week low of $57.45 and a 52-week high of $127.50. The business has a 50 day moving average price of $82.80 and a 200 day moving average price of $97.89. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The stock has a market cap of $8.12 billion, a PE ratio of 29.83, a P/E/G ratio of 1.04 and a beta of 1.80.

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 for the quarter, topping the consensus estimate of $0.76 by $0.31. The business had revenue of $368.50 million during the quarter, compared to the consensus estimate of $886.09 million. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The company's revenue was up 39.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 EPS. On average, analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

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.