Aurora Investment Counsel Purchases New Holdings in Shift4 Payments, Inc. $FOUR

Aurora Investment Counsel acquired a new position in Shift4 Payments, Inc. (NYSE:FOUR) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 26,198 shares of the company’s stock, valued at approximately $2,028,000.

Several other large investors also recently added to or reduced their stakes in FOUR. Allworth Financial LP lifted its holdings in shares of Shift4 Payments by 410.9% in the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock valued at $28,000 after purchasing an additional 226 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after acquiring an additional 217 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Shift4 Payments by 148.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares during the period. Blue Trust Inc. grew its stake in Shift4 Payments by 5,423.1% during the 3rd quarter. Blue Trust Inc. now owns 718 shares of the company’s stock valued at $56,000 after acquiring an additional 705 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of Shift4 Payments by 441.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,159 shares of the company’s stock valued at $90,000 after purchasing an additional 945 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Oppenheimer decreased their price target on shares of Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Truist Financial set a $71.00 price target on shares of Shift4 Payments in a report on Tuesday, January 20th. Keefe, Bruyette & Woods dropped their price target on shares of Shift4 Payments from $84.00 to $72.00 and set a “market perform” rating on the stock in a research note on Friday, January 2nd. Raymond James Financial reissued a “strong-buy” rating and set a $90.00 price objective on shares of Shift4 Payments in a research report on Thursday, November 6th. Finally, Benchmark restated a “buy” rating on shares of Shift4 Payments in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Shift4 Payments currently has an average rating of “Moderate Buy” and an average price target of $90.26.

Insider Transactions at Shift4 Payments

In related news, Director Nancy Disman sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $69.50, for a total value of $347,500.00. Following the transaction, the director directly owned 130,420 shares of the company’s stock, valued at approximately $9,064,190. This trade represents a 3.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David Taylor Lauber sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total value of $828,000.00. Following the completion of the sale, the chief executive officer owned 273,588 shares of the company’s stock, valued at approximately $18,877,572. This trade represents a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 25.15% of the company’s stock.

Shift4 Payments Trading Up 0.0%

Shift4 Payments stock opened at $58.50 on Friday. Shift4 Payments, Inc. has a one year low of $52.65 and a one year high of $108.50. The company’s fifty day moving average price is $62.29 and its two-hundred day moving average price is $72.70. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.38 and a quick ratio of 1.38. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 0.50 and a beta of 1.63.

Shift4 Payments Company Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.