Caxton Associates LLP Takes Position in Shift4 Payments, Inc. $FOUR

Caxton Associates LLP acquired a new stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 52,195 shares of the company’s stock, valued at approximately $5,173,000. Caxton Associates LLP owned approximately 0.06% of Shift4 Payments as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. S.A. Mason LLC increased its stake in Shift4 Payments by 1.9% during the 2nd quarter. S.A. Mason LLC now owns 5,377 shares of the company’s stock valued at $533,000 after buying an additional 102 shares during the period. Prasad Wealth Partners LLC boosted its holdings in shares of Shift4 Payments by 1.9% in the second quarter. Prasad Wealth Partners LLC now owns 5,677 shares of the company’s stock valued at $563,000 after acquiring an additional 105 shares in the last quarter. Shaker Investments LLC OH boosted its holdings in shares of Shift4 Payments by 1.9% in the second quarter. Shaker Investments LLC OH now owns 5,556 shares of the company’s stock valued at $551,000 after acquiring an additional 105 shares in the last quarter. Truist Financial Corp increased its stake in shares of Shift4 Payments by 2.8% during the second quarter. Truist Financial Corp now owns 4,560 shares of the company’s stock valued at $452,000 after acquiring an additional 123 shares during the period. Finally, Advisors Asset Management Inc. raised its holdings in Shift4 Payments by 29.5% during the second quarter. Advisors Asset Management Inc. now owns 562 shares of the company’s stock worth $56,000 after purchasing an additional 128 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Susquehanna decreased their price target on Shift4 Payments from $125.00 to $115.00 and set a “positive” rating for the company in a research note on Friday, November 7th. The Goldman Sachs Group decreased their target price on Shift4 Payments from $95.00 to $83.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Oppenheimer dropped their price target on shares of Shift4 Payments from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Friday, October 17th. Mizuho reduced their price objective on shares of Shift4 Payments from $100.00 to $95.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Finally, UBS Group dropped their target price on shares of Shift4 Payments from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $96.95.

Shift4 Payments Trading Down 0.4%

Shares of FOUR opened at $68.72 on Friday. The business’s 50-day moving average price is $71.64 and its 200 day moving average price is $85.45. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 3.27. The stock has a market capitalization of $6.09 billion, a P/E ratio of 32.26, a P/E/G ratio of 0.70 and a beta of 1.68. Shift4 Payments, Inc. has a 1-year low of $61.23 and a 1-year high of $127.50.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Thursday, November 6th. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.03). The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.19 billion. Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.The business’s quarterly revenue was up 61.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 earnings per share. Analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Insiders Place Their Bets

In other Shift4 Payments news, insider James J. Whalen sold 1,438 shares of Shift4 Payments stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $71.50, for a total transaction of $102,817.00. Following the transaction, the insider directly owned 54,736 shares in the company, valued at approximately $3,913,624. The trade was a 2.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 25.15% of the company’s stock.

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.