Shift4 Payments (NYSE:FOUR) Director Nancy Disman Sells 5,000 Shares of Stock

Shift4 Payments, Inc. (NYSE:FOUR) Director Nancy Disman sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $69.50, for a total value of $347,500.00. Following the completion of the transaction, the director directly owned 130,420 shares of the company’s stock, valued at approximately $9,064,190. The trade was a 3.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $66.19 on Tuesday. The stock’s 50-day moving average is $71.39 and its 200-day moving average is $85.23. Shift4 Payments, Inc. has a 1-year low of $61.23 and a 1-year high of $127.50. 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 cap of $5.87 billion, a P/E ratio of 31.07, a price-to-earnings-growth ratio of 0.70 and a beta of 1.68.

Shift4 Payments (NYSE:FOUR) last posted 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). Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. The firm’s quarterly revenue was up 61.4% on a year-over-year basis. Equities research analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Hedge Funds Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently modified their holdings of FOUR. Cetera Investment Advisers increased its stake in shares of Shift4 Payments by 27.0% in the 1st quarter. Cetera Investment Advisers now owns 4,583 shares of the company’s stock valued at $374,000 after acquiring an additional 974 shares in the last quarter. Nuveen LLC acquired a new position in shares of Shift4 Payments during the first quarter valued at about $12,312,000. Fox Run Management L.L.C. bought a new position in shares of Shift4 Payments in the first quarter valued at approximately $555,000. Northern Trust Corp raised its holdings in shares of Shift4 Payments by 2.8% in the first quarter. Northern Trust Corp now owns 535,507 shares of the company’s stock valued at $43,756,000 after purchasing an additional 14,517 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Shift4 Payments during the first quarter valued at approximately $37,000. 98.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on FOUR. Keefe, Bruyette & Woods decreased their price objective on Shift4 Payments from $90.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, November 10th. Wells Fargo & Company decreased their price target on Shift4 Payments from $82.00 to $77.00 and set an “equal weight” rating for the company in a research note on Friday, November 7th. The Goldman Sachs Group cut their price objective on Shift4 Payments from $95.00 to $83.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Susquehanna reduced their target price on Shift4 Payments from $125.00 to $115.00 and set a “positive” rating on the stock in a report on Friday, November 7th. Finally, Truist Financial lowered their price target on shares of Shift4 Payments from $80.00 to $74.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Shift4 Payments presently has an average rating of “Moderate Buy” and a consensus price target of $96.95.

Shift4 Payments Company 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.