Shift4 Payments, Inc. (NYSE:FOUR) Director Sells $260,619.21 in Stock

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) Director Karen Roter Davis sold 2,757 shares of the stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $94.53, for a total transaction of $260,619.21. Following the transaction, the director now owns 6,592 shares in the company, valued at approximately $623,141.76. The trade was a 29.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shift4 Payments Price Performance

Shares of NYSE FOUR traded up $0.47 during mid-day trading on Friday, hitting $92.29. 1,240,172 shares of the stock traded hands, compared to its average volume of 1,678,896. The company has a market cap of $8.18 billion, a PE ratio of 31.18, a price-to-earnings-growth ratio of 0.65 and a beta of 1.82. Shift4 Payments, Inc. has a twelve month low of $57.45 and a twelve month high of $127.50. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.36 and a quick ratio of 1.36. The firm has a 50 day simple moving average of $87.13 and a two-hundred day simple moving average of $96.17.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its 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. Shift4 Payments had a return on equity of 32.97% and a net margin of 6.50%. The firm had revenue of $368.50 million during the quarter, compared to the consensus estimate of $886.09 million. During the same period last year, the company earned $0.54 earnings per share. The business's quarterly revenue was up 39.7% on a year-over-year basis. As a group, equities research analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Hedge Funds Weigh In On Shift4 Payments

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Asset Management One Co. Ltd. increased its holdings in Shift4 Payments by 14.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 775 shares of the company's stock valued at $81,000 after purchasing an additional 99 shares during the period. Vontobel Holding Ltd. bought a new stake in shares of Shift4 Payments in the 4th quarter valued at about $201,000. New York State Teachers Retirement System bought a new stake in shares of Shift4 Payments in the 4th quarter valued at about $4,723,000. Blue Trust Inc. increased its stake in shares of Shift4 Payments by 67.3% in the fourth quarter. Blue Trust Inc. now owns 425 shares of the company's stock valued at $44,000 after buying an additional 171 shares during the period. Finally, New Mexico Educational Retirement Board bought a new position in shares of Shift4 Payments during the fourth quarter worth about $1,391,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on FOUR shares. BTIG Research cut their target price on Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. DA Davidson reaffirmed a "buy" rating and issued a $124.00 price target on shares of Shift4 Payments in a research note on Thursday, June 5th. Royal Bank Of Canada reduced their price objective on shares of Shift4 Payments from $154.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Barclays decreased their target price on shares of Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating on the stock in a report on Thursday, April 3rd. Finally, Truist Financial began coverage on shares of Shift4 Payments in a research report on Monday, June 2nd. They issued a "hold" rating and a $97.00 target price for the company. Seven investment 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 stock. According to data from MarketBeat.com, Shift4 Payments currently has a consensus rating of "Moderate Buy" and an average price target 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.