Lido Advisors LLC Cuts Stock Position in Shift4 Payments, Inc. $FOUR

Lido Advisors LLC reduced its position in Shift4 Payments, Inc. (NYSE:FOUR) by 49.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 15,488 shares of the company’s stock after selling 15,404 shares during the quarter. Lido Advisors LLC’s holdings in Shift4 Payments were worth $975,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Natixis Advisors LLC boosted its holdings in shares of Shift4 Payments by 10.7% in the 4th quarter. Natixis Advisors LLC now owns 14,952 shares of the company’s stock worth $941,000 after purchasing an additional 1,445 shares in the last quarter. BW Gestao de Investimentos Ltda. boosted its holdings in shares of Shift4 Payments by 9.0% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 689,788 shares of the company’s stock worth $43,436,000 after purchasing an additional 56,950 shares in the last quarter. Norges Bank purchased a new position in shares of Shift4 Payments in the 4th quarter worth about $51,635,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of Shift4 Payments in the 4th quarter worth about $115,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Shift4 Payments by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 1,367,881 shares of the company’s stock worth $86,153,000 after purchasing an additional 57,282 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FOUR. BTIG Research reiterated a “buy” rating and issued a $70.00 price objective on shares of Shift4 Payments in a report on Thursday, May 7th. Wells Fargo & Company cut their price objective on Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, February 27th. DA Davidson dropped their target price on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. BMO Capital Markets started coverage on Shift4 Payments in a report on Tuesday, April 21st. They set a “market perform” rating and a $50.00 target price for the company. Finally, Stephens cut Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 target price for the company. in a report on Friday, April 17th. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $70.19.

Shift4 Payments Trading Up 1.1%

Shares of FOUR stock opened at $38.08 on Wednesday. The stock has a market capitalization of $3.02 billion, a PE ratio of 45.34, a P/E/G ratio of 0.41 and a beta of 1.43. Shift4 Payments, Inc. has a 1-year low of $36.64 and a 1-year high of $108.50. The business has a 50-day moving average of $43.56 and a 200 day moving average of $53.97. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.02). The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The company’s revenue was up 49.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts anticipate that Shift4 Payments, Inc. will post 4.75 earnings per share for the current year.

Insiders Place Their Bets

In related news, major shareholder Jared Isaacman bought 193,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the acquisition, the insider directly owned 1,787,455 shares of the company’s stock, valued at $72,677,920.30. The trade was a 12.10% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 25.15% of the stock is owned by corporate insiders.

Shift4 Payments 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.