Susquehanna Fundamental Investments LLC Takes Position in Shift4 Payments, Inc. (NYSE:FOUR)

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Shift4 Payments, Inc. (NYSE:FOUR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 50,486 shares of the company's stock, valued at approximately $5,239,000. Susquehanna Fundamental Investments LLC owned approximately 0.06% of Shift4 Payments as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Heck Capital Advisors LLC bought a new stake in Shift4 Payments during the fourth quarter valued at $26,000. Rakuten Securities Inc. boosted its stake in Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock valued at $27,000 after acquiring an additional 157 shares during the period. Central Pacific Bank Trust Division bought a new position in shares of Shift4 Payments during the fourth quarter valued at approximately $28,000. UMB Bank n.a. acquired a new stake in shares of Shift4 Payments during the 4th quarter worth approximately $29,000. Finally, Valley National Advisers Inc. bought a new stake in shares of Shift4 Payments in the 4th quarter worth approximately $31,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Stock Up 0.5 %

Shift4 Payments stock traded up $0.40 during trading hours on Friday, hitting $82.13. The company had a trading volume of 3,125,964 shares, compared to its average volume of 1,686,756. Shift4 Payments, Inc. has a fifty-two week low of $56.10 and a fifty-two week high of $127.50. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. The firm has a market capitalization of $7.32 billion, a P/E ratio of 26.75, a price-to-earnings-growth ratio of 1.04 and a beta of 1.80. The firm's fifty day moving average is $84.08 and its 200-day moving average is $98.31.

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

Insiders Place Their Bets

In other news, President David Taylor Lauber sold 2,500 shares of the business's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $91.70, for a total value of $229,250.00. Following the completion of the sale, the president now directly owns 264,856 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, CFO Nancy Disman sold 10,000 shares of the firm'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 completion of the transaction, the chief financial officer now owns 177,622 shares in the company, valued at $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 over the last ninety days. Corporate insiders own 30.57% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on FOUR shares. Oppenheimer dropped their target price on Shift4 Payments from $142.00 to $135.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Evercore ISI started coverage on shares of Shift4 Payments in a research report on Wednesday, April 9th. They issued an "in-line" rating and a $80.00 price objective on the stock. Morgan Stanley decreased their target price on shares of Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Barclays cut their price target on Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating on the stock in a report on Thursday, April 3rd. Finally, Keefe, Bruyette & Woods decreased their price objective on Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating for the company in a report on Monday, March 31st. Six investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $112.38.

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.