Cloverfields Capital Group LP Increases Position in Shift4 Payments, Inc. $FOUR

Cloverfields Capital Group LP lifted its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 28.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 55,171 shares of the company’s stock after acquiring an additional 12,268 shares during the quarter. Cloverfields Capital Group LP’s holdings in Shift4 Payments were worth $3,474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Shift4 Payments by 311.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 793,116 shares of the company’s stock worth $49,943,000 after buying an additional 600,463 shares during the last quarter. Allianz SE purchased a new position in Shift4 Payments in the fourth quarter valued at approximately $457,000. Advisors Asset Management Inc. lifted its stake in Shift4 Payments by 52.1% in the fourth quarter. Advisors Asset Management Inc. now owns 914 shares of the company’s stock valued at $58,000 after purchasing an additional 313 shares during the last quarter. Wasatch Advisors LP lifted its stake in Shift4 Payments by 10.1% in the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after purchasing an additional 621,797 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its stake in Shift4 Payments by 18.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,599 shares of the company’s stock valued at $353,000 after purchasing an additional 873 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on FOUR. Capital One Financial set a $50.00 price objective on Shift4 Payments in a research note on Tuesday, April 21st. Weiss Ratings downgraded Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 16th. Keefe, Bruyette & Woods upped their price objective on Shift4 Payments from $50.00 to $52.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Zacks Research upgraded Shift4 Payments from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Wells Fargo & Company dropped their price objective on Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Friday, February 27th. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $70.19.

Insider Activity

In related news, major shareholder Jared Isaacman bought 193,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were purchased at an average price of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the transaction, the insider directly owned 1,787,455 shares in the company, valued at approximately $72,677,920.30. The trade was a 12.10% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 25.15% of the stock is currently owned by corporate insiders.

Shift4 Payments Trading Up 4.5%

NYSE:FOUR opened at $41.23 on Friday. The company has a market cap of $3.27 billion, a P/E ratio of 49.08, a P/E/G ratio of 0.43 and a beta of 1.43. The stock’s fifty day moving average price is $43.29 and its two-hundred day moving average price is $53.46. Shift4 Payments, Inc. has a 1 year low of $34.56 and a 1 year high of $108.50. 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 posted its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) 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 return on equity of 33.55% and a net margin of 2.63%.The company’s revenue was up 49.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts expect that Shift4 Payments, Inc. will post 4.75 EPS for the current year.

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.