Johnson Financial Group Inc. Takes $92,000 Position in Shift4 Payments, Inc. (NYSE:FOUR)

Johnson Financial Group Inc. purchased a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 885 shares of the company’s stock, valued at approximately $92,000.

A number of other large investors have also recently bought and sold shares of FOUR. Heck Capital Advisors LLC acquired a new stake in Shift4 Payments during the 4th quarter worth $26,000. Rakuten Securities Inc. lifted its stake in shares of Shift4 Payments by 153.9% in the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock worth $27,000 after acquiring an additional 157 shares during the period. Central Pacific Bank Trust Division acquired a new stake in shares of Shift4 Payments in the 4th quarter worth $28,000. UMB Bank n.a. acquired a new stake in shares of Shift4 Payments in the 4th quarter worth $29,000. Finally, Valley National Advisers Inc. acquired a new stake in shares of Shift4 Payments in the 4th quarter worth $31,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Insider Buying and Selling

In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $84.98, for a total transaction of $849,800.00. Following the completion of the sale, the chief financial officer now directly owns 177,622 shares in the company, valued at $15,094,317.56. The trade was a 5.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President David Taylor Lauber sold 2,500 shares of the stock in a transaction 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 completion of the sale, the president now directly 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 12,695 shares of company stock valued at $1,097,380. Insiders own 30.57% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on FOUR shares. Royal Bank of Canada restated an “outperform” rating and issued a $154.00 target price on shares of Shift4 Payments in a research note on Tuesday, March 4th. Wells Fargo & Company reduced their target price on shares of Shift4 Payments from $115.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th. Barclays reduced their target price on shares of Shift4 Payments from $117.00 to $110.00 and set an “overweight” rating for the company in a research note on Thursday, April 3rd. Stephens reiterated an “overweight” rating and issued a $125.00 price objective on shares of Shift4 Payments in a research note on Wednesday, February 19th. Finally, Piper Sandler reduced their price objective on shares of Shift4 Payments from $143.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 10th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $111.30.

Shift4 Payments Stock Performance

Shares of NYSE FOUR opened at $79.62 on Tuesday. The company has a market cap of $7.09 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 1.04 and a beta of 1.80. Shift4 Payments, Inc. has a 12 month low of $56.10 and a 12 month high of $127.50. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. The company has a 50-day simple moving average of $85.10 and a 200-day simple moving average of $98.61.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The business had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. On average, equities analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Shift4 Payments 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.