SG Americas Securities LLC Has $1.54 Million Stake in Shift4 Payments, Inc. (NYSE:FOUR)

SG Americas Securities LLC boosted its stake in shares of Shift4 Payments, Inc. (NYSE:FOURFree Report) by 26.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,652 shares of the company’s stock after buying an additional 4,297 shares during the quarter. SG Americas Securities LLC’s holdings in Shift4 Payments were worth $1,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Inspirion Wealth Advisors LLC acquired a new position in Shift4 Payments during the 4th quarter worth about $260,000. First Hawaiian Bank acquired a new position in Shift4 Payments during the 4th quarter worth about $424,000. Harbour Capital Advisors LLC lifted its holdings in Shift4 Payments by 34.7% during the 4th quarter. Harbour Capital Advisors LLC now owns 20,045 shares of the company’s stock worth $1,415,000 after buying an additional 5,160 shares during the period. FCF Advisors LLC acquired a new position in Shift4 Payments during the 4th quarter worth about $1,136,000. Finally, Penserra Capital Management LLC lifted its holdings in Shift4 Payments by 9.3% during the 3rd quarter. Penserra Capital Management LLC now owns 19,674 shares of the company’s stock worth $1,089,000 after buying an additional 1,682 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on FOUR shares. Benchmark reissued a “buy” rating and issued a $99.00 price objective on shares of Shift4 Payments in a research note on Tuesday, March 19th. Wells Fargo & Company boosted their price objective on Shift4 Payments from $60.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. Mizuho reissued a “buy” rating and issued a $85.00 price objective on shares of Shift4 Payments in a research note on Wednesday. Raymond James boosted their price objective on Shift4 Payments from $75.00 to $88.00 and gave the company an “outperform” rating in a research note on Wednesday, December 20th. Finally, Redburn Atlantic assumed coverage on Shift4 Payments in a research note on Wednesday, December 6th. They issued a “sell” rating and a $49.00 price objective on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and twenty have given a buy rating to the company’s stock. According to data from MarketBeat.com, Shift4 Payments presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

Check Out Our Latest Stock Report on FOUR

Insiders Place Their Bets

In other Shift4 Payments news, insider David Taylor Lauber sold 15,000 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $80.15, for a total transaction of $1,202,250.00. Following the sale, the insider now owns 243,880 shares in the company, valued at $19,546,982. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 32.14% of the company’s stock.

Shift4 Payments Stock Performance

FOUR stock opened at $66.06 on Friday. The firm has a market cap of $5.69 billion, a PE ratio of 46.52, a P/E/G ratio of 0.47 and a beta of 1.61. The business has a 50 day moving average of $75.84 and a 200-day moving average of $66.33. Shift4 Payments, Inc. has a 12-month low of $42.91 and a 12-month high of $92.30. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 2.02.

Shift4 Payments (NYSE:FOURGet Free Report) last posted its earnings results on Tuesday, February 27th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.05). The company had revenue of $269.30 million for the quarter, compared to analysts’ expectations of $278.85 million. Shift4 Payments had a return on equity of 27.35% and a net margin of 3.36%. As a group, sell-side analysts expect that Shift4 Payments, Inc. will post 2.86 earnings per share for the current year.

About Shift4 Payments

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Shift4 Payments (NYSE:FOUR)

Receive News & Ratings for Shift4 Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shift4 Payments and related companies with MarketBeat.com's FREE daily email newsletter.