Susquehanna Fundamental Investments LLC Takes $5.24 Million Position in Shift4 Payments, Inc. (NYSE:FOUR)

Susquehanna Fundamental Investments LLC bought a new position in Shift4 Payments, Inc. (NYSE:FOUR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 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 at the end of the most recent quarter.

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

Insider Transactions at Shift4 Payments

In other news, President David Taylor Lauber sold 2,500 shares of the business's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total value of $229,250.00. Following the completion of the transaction, the president now directly owns 264,856 shares of the company's stock, valued at approximately $24,287,295.20. The trade was a 0.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Nancy Disman sold 10,000 shares of the business'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 transaction, the chief financial officer now owns 177,622 shares of the company's stock, valued at $15,094,317.56. This represents a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,695 shares of company stock valued at $1,097,380. 30.57% of the stock is currently owned by company insiders.

Shift4 Payments Trading Up 0.5 %

NYSE:FOUR traded up $0.40 during mid-day trading on Friday, hitting $82.13. 3,125,964 shares of the stock traded hands, compared to its average volume of 1,680,366. 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 has a market capitalization of $7.32 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 1.04 and a beta of 1.80. Shift4 Payments, Inc. has a 52 week low of $56.10 and a 52 week high of $127.50. The firm's 50 day moving average is $84.36 and its two-hundred day moving average is $98.35.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FOUR shares. William Blair reiterated an "outperform" rating on shares of Shift4 Payments in a research report on Wednesday. Raymond James dropped their target price on shares of Shift4 Payments from $140.00 to $130.00 and set a "strong-buy" rating for the company in a report on Friday, April 4th. UBS Group decreased their price target on Shift4 Payments from $138.00 to $125.00 and set a "buy" rating on the stock in a report on Wednesday. Susquehanna boosted their price objective on Shift4 Payments from $100.00 to $125.00 and gave the company a "positive" rating in a research report on Wednesday. Finally, Benchmark upgraded Shift4 Payments from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Shift4 Payments currently has an average rating of "Moderate Buy" and an average target price of $112.38.

Shift4 Payments 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.