Vestor Capital LLC Acquires Shares of 61,491 Shift4 Payments, Inc. (NYSE:FOUR)

Vestor Capital LLC acquired a new stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 61,491 shares of the company’s stock, valued at approximately $6,382,000. Vestor Capital LLC owned 0.07% of Shift4 Payments as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at $26,000. Rakuten Securities Inc. increased its stake in shares of Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after buying an additional 157 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at $28,000. UMB Bank n.a. acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at $29,000. Finally, Valley National Advisers Inc. acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at $31,000. 98.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FOUR. Barclays lowered their target price on Shift4 Payments from $120.00 to $117.00 and set an “overweight” rating for the company in a research note on Monday, February 24th. Piper Sandler restated an “overweight” rating and issued a $143.00 target price (up from $120.00) on shares of Shift4 Payments in a research note on Wednesday, February 19th. Royal Bank of Canada reiterated an “outperform” rating and issued a $154.00 price objective on shares of Shift4 Payments in a research report on Tuesday, March 4th. B. Riley lifted their price objective on Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Oppenheimer lowered their price objective on Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $115.30.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, President David Taylor Lauber sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total transaction of $229,250.00. Following the transaction, the president now owns 264,856 shares of the company’s stock, valued at $24,287,295.20. The trade was a 0.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Nancy Disman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now directly owns 177,622 shares in the company, valued at $15,094,317.56. This trade represents a 5.33 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,695 shares of company stock worth $1,097,380. Corporate insiders own 30.57% of the company’s stock.

Shift4 Payments Trading Up 1.4 %

NYSE:FOUR opened at $88.69 on Friday. The stock has a market capitalization of $7.90 billion, a PE ratio of 28.89, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76. The business’s 50-day simple moving average is $105.25 and its 200-day simple moving average is $99.56. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. Shift4 Payments, Inc. has a fifty-two week low of $55.87 and a fifty-two week high of $127.50.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. The firm had revenue of $405.00 million for the quarter, compared to analysts’ expectations of $1 billion. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. Sell-side analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

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.