EntryPoint Capital LLC Invests $333,000 in Shift4 Payments, Inc. (NYSE:FOUR)

EntryPoint Capital LLC acquired a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,208 shares of the company’s stock, valued at approximately $333,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Asset Management One Co. Ltd. grew its position in shares of Shift4 Payments by 14.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 775 shares of the company’s stock worth $81,000 after buying an additional 99 shares during the period. Perigon Wealth Management LLC boosted its stake in Shift4 Payments by 3.5% during the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company’s stock worth $419,000 after acquiring an additional 133 shares during the last quarter. MRP Capital Investments LLC grew its holdings in Shift4 Payments by 5.9% during the fourth quarter. MRP Capital Investments LLC now owns 2,700 shares of the company’s stock valued at $280,000 after purchasing an additional 150 shares during the period. Rakuten Securities Inc. increased its stake in Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after purchasing an additional 157 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Shift4 Payments by 67.3% in the fourth quarter. Blue Trust Inc. now owns 425 shares of the company’s stock worth $44,000 after purchasing an additional 171 shares during the period. Institutional investors own 98.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FOUR. Raymond James upgraded shares of Shift4 Payments from an “outperform” rating to a “strong-buy” rating and set a $140.00 price objective for the company in a research report on Monday, March 10th. Morgan Stanley lowered their price target on Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating for the company in a report on Thursday, February 27th. Wells Fargo & Company cut their price objective on Shift4 Payments from $135.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th. Keefe, Bruyette & Woods increased their target price on Shift4 Payments from $112.00 to $125.00 and gave the stock a “market perform” rating in a research note on Thursday, February 20th. Finally, Oppenheimer cut their price target on shares of Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $115.30.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, President David Taylor Lauber sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total value of $229,250.00. Following the sale, the president now owns 264,856 shares in the company, valued at $24,287,295.20. This represents a 0.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Nancy Disman sold 10,000 shares of Shift4 Payments stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now owns 177,622 shares of the company’s stock, valued at $15,094,317.56. This represents a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,695 shares of company stock worth $1,097,380 over the last quarter. 30.57% of the stock is currently owned by insiders.

Shift4 Payments Stock Performance

Shares of NYSE FOUR opened at $86.31 on Thursday. The stock has a market capitalization of $7.69 billion, a PE ratio of 28.11, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a 52 week low of $55.87 and a 52 week high of $127.50. The stock has a 50 day moving average price of $104.34 and a 200 day moving average price of $99.91. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. The company had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. Analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

About Shift4 Payments

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.