Vicus Capital Takes $208,000 Position in Shift4 Payments, Inc. (NYSE:FOUR)

Vicus Capital purchased a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,000 shares of the company’s stock, valued at approximately $208,000.

A number of other institutional investors have also modified their holdings of the company. Vontobel Holding Ltd. bought a new stake in shares of Shift4 Payments in the 4th quarter valued at about $201,000. Asset Management One Co. Ltd. boosted its holdings in shares of Shift4 Payments by 14.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 775 shares of the company’s stock valued at $81,000 after buying an additional 99 shares in the last quarter. Legato Capital Management LLC purchased a new position in shares of Shift4 Payments in the 4th quarter valued at approximately $250,000. Louisiana State Employees Retirement System purchased a new position in shares of Shift4 Payments in the 4th quarter valued at approximately $1,982,000. Finally, Sovran Advisors LLC purchased a new position in shares of Shift4 Payments in the 4th quarter valued at approximately $293,000. 98.87% of the stock is currently owned by institutional investors.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, insider James J. Whalen sold 1,462 shares of Shift4 Payments stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $101.07, for a total transaction of $147,764.34. Following the sale, the insider now owns 37,089 shares of the company’s stock, valued at $3,748,585.23. The trade was a 3.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jordan Frankel sold 5,000 shares of Shift4 Payments stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $99.01, for a total transaction of $495,050.00. Following the sale, the insider now directly owns 222,112 shares in the company, valued at approximately $21,991,309.12. This trade represents a 2.20 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is owned by company insiders.

Shift4 Payments Price Performance

Shift4 Payments stock opened at $121.06 on Friday. The company’s fifty day moving average price is $109.96 and its 200 day moving average price is $96.15. Shift4 Payments, Inc. has a 1 year low of $55.87 and a 1 year high of $123.25. The stock has a market capitalization of $10.91 billion, a P/E ratio of 65.79, a P/E/G ratio of 1.26 and a beta of 1.72. The company has a debt-to-equity ratio of 2.71, a quick ratio of 2.97 and a current ratio of 2.98.

Analysts Set New Price Targets

Several equities analysts recently commented on FOUR shares. Keefe, Bruyette & Woods lowered shares of Shift4 Payments from an “outperform” rating to a “market perform” rating and set a $112.00 price objective for the company. in a research report on Monday, December 9th. Oppenheimer increased their price objective on shares of Shift4 Payments from $120.00 to $121.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Wells Fargo & Company increased their price objective on shares of Shift4 Payments from $120.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Stephens increased their price objective on shares of Shift4 Payments from $90.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Finally, Benchmark lowered shares of Shift4 Payments from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, Shift4 Payments has an average rating of “Moderate Buy” and an average target price of $108.24.

About Shift4 Payments

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.