Sapience Investments LLC Reduces Stock Position in Shift4 Payments, Inc. (NYSE:FOUR)

Sapience Investments LLC lowered its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 31.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,388 shares of the company's stock after selling 8,497 shares during the period. Sapience Investments LLC's holdings in Shift4 Payments were worth $1,908,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Heck Capital Advisors LLC acquired a new position in Shift4 Payments during the fourth quarter worth about $26,000. Rakuten Securities Inc. increased its position in Shift4 Payments by 153.9% during the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock worth $27,000 after purchasing an additional 157 shares in the last quarter. UMB Bank n.a. acquired a new position in Shift4 Payments during the 4th quarter worth approximately $29,000. Valley National Advisers Inc. bought a new position in Shift4 Payments in the 4th quarter valued at approximately $31,000. Finally, Morse Asset Management Inc acquired a new stake in Shift4 Payments in the fourth quarter valued at approximately $36,000. 98.87% of the stock is currently owned by institutional investors.

Insider Activity at Shift4 Payments

In related news, President David Taylor Lauber sold 2,500 shares of Shift4 Payments stock in a transaction that occurred 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 owns 264,856 shares of the company's stock, valued at $24,287,295.20. The trade was a 0.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Nancy Disman sold 10,000 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the sale, the chief financial officer now owns 177,622 shares in the company, valued at approximately $15,094,317.56. The trade was a 5.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,695 shares of company stock valued at $1,097,380 in the last three months. Corporate insiders own 25.15% of the company's stock.

Shift4 Payments Trading Up 0.5%

FOUR traded up $0.40 during trading on Thursday, hitting $87.74. The company's stock had a trading volume of 342,816 shares, compared to its average volume of 1,657,950. The firm has a market capitalization of $7.78 billion, a P/E ratio of 28.55, a PEG ratio of 1.04 and a beta of 1.80. Shift4 Payments, Inc. has a twelve month low of $57.45 and a twelve month high of $127.50. 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's fifty day moving average price is $83.04 and its 200-day moving average price is $97.80.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.31. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The business had revenue of $368.50 million during the quarter, compared to analysts' expectations of $886.09 million. During the same period last year, the company posted $0.54 earnings per share. The business's quarterly revenue was up 39.7% on a year-over-year basis. Analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

FOUR has been the topic of several recent research reports. UBS Group cut their price objective on Shift4 Payments from $138.00 to $125.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. DA Davidson cut their price target on Shift4 Payments from $140.00 to $124.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. William Blair restated an "outperform" rating on shares of Shift4 Payments in a report on Wednesday, April 30th. Evercore ISI initiated coverage on shares of Shift4 Payments in a report on Wednesday, April 9th. They issued an "in-line" rating and a $80.00 price objective for the company. Finally, Keefe, Bruyette & Woods cut their target price on shares of Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating on the stock in a research report on Monday, March 31st. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Shift4 Payments presently has an average rating of "Moderate Buy" and an average target price of $114.25.

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.