Allspring Global Investments Holdings LLC Sells 32,573 Shares of Shift4 Payments, Inc. $FOUR

Allspring Global Investments Holdings LLC decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 28.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 80,511 shares of the company’s stock after selling 32,573 shares during the period. Allspring Global Investments Holdings LLC owned 0.09% of Shift4 Payments worth $5,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its position in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after buying an additional 217 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock valued at $41,000 after buying an additional 314 shares during the last quarter. Vestcor Inc bought a new stake in shares of Shift4 Payments during the third quarter valued at approximately $45,000. Johnson Financial Group Inc. raised its position in shares of Shift4 Payments by 282.2% during the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after buying an additional 477 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of Shift4 Payments by 5,423.1% during the third quarter. Blue Trust Inc. now owns 718 shares of the company’s stock valued at $56,000 after buying an additional 705 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Trading Down 1.4%

FOUR stock opened at $42.18 on Tuesday. The firm has a fifty day moving average price of $51.00 and a 200 day moving average price of $63.58. Shift4 Payments, Inc. has a fifty-two week low of $40.60 and a fifty-two week high of $108.50. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66. The firm has a market cap of $3.43 billion, a PE ratio of 40.17, a price-to-earnings-growth ratio of 0.44 and a beta of 1.60.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm had revenue of $610.00 million during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the firm posted $1.35 earnings per share. Shift4 Payments’s revenue for the quarter was up 50.6% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Sell-side analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FOUR shares. Truist Financial set a $71.00 price objective on shares of Shift4 Payments in a research report on Tuesday, January 20th. Benchmark reduced their price objective on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Loop Capital set a $80.00 price objective on shares of Shift4 Payments in a research report on Thursday, December 11th. Weiss Ratings cut shares of Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 16th. Finally, Raymond James Financial cut shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective on the stock. in a research report on Thursday, March 26th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.22.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman bought 159,244 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was purchased at an average cost of $44.15 per share, with a total value of $7,030,622.60. Following the completion of the acquisition, the insider owned 1,321,207 shares in the company, valued at $58,331,289.05. This trade represents a 13.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have acquired 385,757 shares of company stock valued at $17,666,153 over the last ninety days. Company insiders own 25.15% of the company’s stock.

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.