BW Gestao de Investimentos Ltda. Sells 71,715 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

BW Gestao de Investimentos Ltda. lowered its stake in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) by 51.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,285 shares of the company's stock after selling 71,715 shares during the period. BW Gestao de Investimentos Ltda. owned approximately 0.08% of Shift4 Payments worth $7,087,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FOUR. Tidal Investments LLC raised its holdings in Shift4 Payments by 66.1% during the 3rd quarter. Tidal Investments LLC now owns 8,057 shares of the company's stock worth $714,000 after purchasing an additional 3,206 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Shift4 Payments by 548.2% during the 4th quarter. GAMMA Investing LLC now owns 551 shares of the company's stock worth $57,000 after purchasing an additional 466 shares during the last quarter. Everence Capital Management Inc. acquired a new position in shares of Shift4 Payments in the fourth quarter valued at $259,000. Central Pacific Bank Trust Division acquired a new position in Shift4 Payments in the 4th quarter valued at $28,000. Finally, Nordea Investment Management AB increased its holdings in shares of Shift4 Payments by 1.3% during the fourth quarter. Nordea Investment Management AB now owns 56,454 shares of the company's stock worth $5,889,000 after purchasing an additional 728 shares during the period. Institutional investors own 98.87% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on FOUR shares. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Shift4 Payments in a research report on Monday, February 3rd. They issued a "hold" rating and a $120.00 target price on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating for the company in a research note on Monday, March 31st. Morgan Stanley dropped their price objective on shares of Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 27th. Susquehanna upped their price objective on shares of Shift4 Payments from $100.00 to $125.00 and gave the stock a "positive" rating in a research report on Wednesday, April 30th. Finally, Stephens reiterated an "overweight" rating and issued a $125.00 price objective on shares of Shift4 Payments in a research note on Wednesday, February 19th. Six investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Shift4 Payments Trading Up 0.4 %

Shares of NYSE:FOUR traded up $0.32 during midday trading on Wednesday, reaching $83.25. The company's stock had a trading volume of 1,172,157 shares, compared to its average volume of 1,692,720. The business has a 50 day moving average price of $83.51 and a 200 day moving average price of $98.12. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. Shift4 Payments, Inc. has a 1 year low of $56.10 and a 1 year high of $127.50. The firm has a market cap of $7.42 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth 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, beating analysts' consensus estimates of $0.76 by $0.31. The firm had revenue of $368.50 million during the quarter, compared to analyst estimates of $886.09 million. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. Shift4 Payments's quarterly revenue was up 39.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. Research analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Insider Buying and Selling at Shift4 Payments

In other news, CFO Nancy Disman sold 10,000 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $84.98, for a total transaction of $849,800.00. Following the completion of the sale, the chief financial officer now directly owns 177,622 shares of the company's stock, valued at $15,094,317.56. This trade represents a 5.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President David Taylor Lauber sold 2,500 shares of Shift4 Payments stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $91.70, for a total transaction of $229,250.00. Following the completion of the sale, the president now owns 264,856 shares of the company's stock, valued at $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 ninety days, insiders sold 12,695 shares of company stock valued at $1,097,380. 30.57% of the stock is owned by corporate insiders.

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.