Hunter Associates Investment Management LLC Purchases 8,940 Shares of Shift4 Payments, Inc. $FOUR

Hunter Associates Investment Management LLC lifted its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 10.0% during the third quarter, Holdings Channel.com reports. The firm owned 98,037 shares of the company’s stock after purchasing an additional 8,940 shares during the period. Shift4 Payments accounts for 1.1% of Hunter Associates Investment Management LLC’s holdings, making the stock its 21st biggest position. Hunter Associates Investment Management LLC’s holdings in Shift4 Payments were worth $7,580,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Allworth Financial LP increased its position in shares of Shift4 Payments by 410.9% during the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 226 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares during the last quarter. UMB Bank n.a. increased its holdings in Shift4 Payments by 33.5% during the 2nd quarter. UMB Bank n.a. now owns 713 shares of the company’s stock worth $71,000 after purchasing an additional 179 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Shift4 Payments by 5,423.1% in the third quarter. Blue Trust Inc. now owns 718 shares of the company’s stock worth $56,000 after purchasing an additional 705 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of Shift4 Payments by 47.8% during the second quarter. Parkside Financial Bank & Trust now owns 1,076 shares of the company’s stock valued at $107,000 after buying an additional 348 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Stock Up 0.3%

Shift4 Payments stock opened at $66.19 on Friday. The firm has a 50 day moving average price of $66.56 and a 200-day moving average price of $79.18. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 3.27. Shift4 Payments, Inc. has a twelve month low of $61.23 and a twelve month high of $127.50. The company has a market capitalization of $5.87 billion, a P/E ratio of 31.08, a P/E/G ratio of 0.57 and a beta of 1.66.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.03). Shift4 Payments had a net margin of 5.02% and a return on equity of 40.19%. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the company posted $1.04 EPS. Shift4 Payments’s revenue for the quarter was up 61.4% on a year-over-year basis. As a group, equities analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Insider Activity

In other news, CEO David Taylor Lauber sold 12,000 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total transaction of $828,000.00. Following the completion of the transaction, the chief executive officer owned 273,588 shares in the company, valued at approximately $18,877,572. This represents a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Nancy Disman sold 5,000 shares of Shift4 Payments stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $69.50, for a total value of $347,500.00. Following the completion of the sale, the director directly owned 130,420 shares of the company’s stock, valued at approximately $9,064,190. This trade represents a 3.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,438 shares of company stock valued at $1,278,317 in the last 90 days. Insiders own 25.15% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on FOUR shares. UBS Group lowered their price target on Shift4 Payments from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Susquehanna lowered their target price on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating for the company in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft lowered shares of Shift4 Payments from a “buy” rating to a “hold” rating and dropped their price target for the company from $100.00 to $65.00 in a research report on Thursday, January 15th. Loop Capital set a $80.00 price objective on shares of Shift4 Payments in a research report on Thursday, December 11th. Finally, The Goldman Sachs Group decreased their price objective on shares of Shift4 Payments from $95.00 to $83.00 and set a “buy” rating for the company in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $92.25.

About Shift4 Payments

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.