Claret Asset Management Corp Takes Position in Shift4 Payments, Inc. $FOUR

Claret Asset Management Corp purchased a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,369 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP increased its position in Shift4 Payments by 410.9% during the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after purchasing an additional 226 shares during the period. Banque Transatlantique SA purchased a new stake in shares of Shift4 Payments in the first quarter valued at approximately $27,000. Harbour Investments Inc. acquired a new position in Shift4 Payments during the first quarter worth $32,000. Advisors Asset Management Inc. raised its position in Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after acquiring an additional 217 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in Shift4 Payments in the first quarter worth $37,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on FOUR shares. Oppenheimer lowered their price target on shares of Shift4 Payments from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Friday, October 17th. DA Davidson decreased their price objective on shares of Shift4 Payments from $114.00 to $104.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Raymond James Financial restated a “strong-buy” rating and set a $90.00 target price on shares of Shift4 Payments in a research report on Thursday, November 6th. BTIG Research reiterated a “buy” rating on shares of Shift4 Payments in a research report on Tuesday, August 5th. Finally, Mizuho lowered their price target on Shift4 Payments from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $98.20.

Shift4 Payments Stock Down 1.2%

Shares of NYSE FOUR opened at $72.87 on Tuesday. Shift4 Payments, Inc. has a 12-month low of $61.23 and a 12-month high of $127.50. The company has a market capitalization of $6.46 billion, a PE ratio of 34.21, a price-to-earnings-growth ratio of 0.74 and a beta of 1.68. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.38 and a quick ratio of 1.38. The firm’s 50-day moving average is $73.50 and its two-hundred day moving average is $86.73.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.03). Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the business earned $1.04 earnings per share. The company’s revenue for the quarter was up 61.4% on a year-over-year basis. Shift4 Payments has set its FY 2025 guidance at EPS. Equities analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, insider James J. Whalen sold 1,438 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $71.50, for a total transaction of $102,817.00. Following the completion of the transaction, the insider owned 54,736 shares of the company’s stock, valued at approximately $3,913,624. This trade represents a 2.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO David Taylor Lauber sold 2,500 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $88.59, for a total value of $221,475.00. Following the completion of the sale, the chief executive officer owned 285,588 shares in the company, valued at $25,300,240.92. This represents a 0.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 25.15% of the company’s stock.

Shift4 Payments Company Profile

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.