Hunter Associates Investment Management LLC Has $2.17 Million Stock Position in Shift4 Payments, Inc. (NYSE:FOUR)

Hunter Associates Investment Management LLC raised its holdings in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 131.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,043 shares of the company's stock after purchasing an additional 16,496 shares during the quarter. Hunter Associates Investment Management LLC's holdings in Shift4 Payments were worth $2,166,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. United Capital Financial Advisers LLC boosted its stake in shares of Shift4 Payments by 3.1% during the 4th quarter. United Capital Financial Advisers LLC now owns 5,966 shares of the company's stock worth $334,000 after acquiring an additional 177 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of Shift4 Payments by 6.3% during the 2nd quarter. Orion Portfolio Solutions LLC now owns 3,670 shares of the company's stock worth $249,000 after acquiring an additional 218 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Shift4 Payments by 3.6% during the 3rd quarter. Principal Financial Group Inc. now owns 6,726 shares of the company's stock worth $372,000 after acquiring an additional 233 shares in the last quarter. Creative Planning boosted its stake in shares of Shift4 Payments by 4.2% during the 2nd quarter. Creative Planning now owns 6,304 shares of the company's stock worth $208,000 after acquiring an additional 256 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its stake in shares of Shift4 Payments by 9.2% during the 2nd quarter. MetLife Investment Management LLC now owns 3,339 shares of the company's stock worth $227,000 after acquiring an additional 281 shares in the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider David Taylor Lauber sold 15,000 shares of Shift4 Payments stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $80.15, for a total value of $1,202,250.00. Following the sale, the insider now owns 243,880 shares of the company's stock, valued at $19,546,982. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 32.14% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FOUR shares. Morgan Stanley increased their target price on shares of Shift4 Payments from $60.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 28th. Evercore ISI reduced their price target on shares of Shift4 Payments from $110.00 to $105.00 and set an "outperform" rating for the company in a research report on Wednesday, February 28th. The Goldman Sachs Group reduced their price target on shares of Shift4 Payments from $91.00 to $80.00 and set a "buy" rating for the company in a research report on Monday, April 15th. Piper Sandler restated an "overweight" rating and set a $93.00 price target on shares of Shift4 Payments in a research report on Wednesday, February 28th. Finally, Wells Fargo & Company increased their price objective on shares of Shift4 Payments from $60.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $84.95.

Shift4 Payments Stock Performance

NYSE FOUR traded down $0.97 during trading on Friday, reaching $60.93. The company's stock had a trading volume of 1,770,387 shares, compared to its average volume of 1,420,164. The company has a debt-to-equity ratio of 2.02, a quick ratio of 1.63 and a current ratio of 1.64. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 42.91, a P/E/G ratio of 0.96 and a beta of 1.57. Shift4 Payments, Inc. has a twelve month low of $42.91 and a twelve month high of $92.30. The business's fifty day moving average price is $72.82 and its 200-day moving average price is $67.58.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.05). The business had revenue of $269.30 million during the quarter, compared to analyst estimates of $278.85 million. Shift4 Payments had a net margin of 3.36% and a return on equity of 27.35%. As a group, analysts anticipate that Shift4 Payments, Inc. will post 2.84 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.