Shift4 Payments, Inc. (NYSE:FOUR) Shares Bought by Gilder Gagnon Howe & Co. LLC

Gilder Gagnon Howe & Co. LLC grew its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 47.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 33,870 shares of the company’s stock after purchasing an additional 10,912 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in Shift4 Payments were worth $3,515,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Shift4 Payments by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company’s stock worth $678,668,000 after purchasing an additional 562,774 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Shift4 Payments by 41.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company’s stock valued at $127,689,000 after buying an additional 350,703 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Shift4 Payments by 10.0% in the 4th quarter. Geode Capital Management LLC now owns 1,164,586 shares of the company’s stock valued at $120,899,000 after buying an additional 106,217 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in shares of Shift4 Payments by 16.0% in the 4th quarter. Brown Brothers Harriman & Co. now owns 571,577 shares of the company’s stock valued at $59,318,000 after buying an additional 78,728 shares during the last quarter. Finally, Senator Investment Group LP raised its stake in Shift4 Payments by 4.9% during the 4th quarter. Senator Investment Group LP now owns 512,361 shares of the company’s stock worth $53,173,000 after acquiring an additional 23,800 shares in the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Shift4 Payments Trading Down 0.6 %

NYSE:FOUR opened at $80.13 on Friday. The stock has a market capitalization of $7.14 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 1.04 and a beta of 1.80. Shift4 Payments, Inc. has a 1 year low of $56.10 and a 1 year high of $127.50. The stock has a fifty day moving average price of $85.58 and a two-hundred day moving average price of $98.69. 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, 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 firm had revenue of $405.00 million for the quarter, compared to the consensus estimate of $1 billion. As a group, sell-side analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, President David Taylor Lauber sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $91.70, for a total value of $229,250.00. Following the sale, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. The trade was a 0.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $84.98, for a total transaction 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 trade represents a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,695 shares of company stock worth $1,097,380 in the last quarter. Company insiders own 30.57% of the company’s stock.

Analysts Set New Price Targets

FOUR has been the topic of several research reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $154.00 price objective on shares of Shift4 Payments in a report on Tuesday, March 4th. DA Davidson reduced their price objective on Shift4 Payments from $140.00 to $124.00 and set a “buy” rating for the company in a research note on Monday, February 24th. Barclays lowered their target price on shares of Shift4 Payments from $117.00 to $110.00 and set an “overweight” rating on the stock in a research report on Thursday, April 3rd. Keefe, Bruyette & Woods reduced their price target on shares of Shift4 Payments from $125.00 to $95.00 and set a “market perform” rating for the company in a research report on Monday, March 31st. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Shift4 Payments in a research note on Monday, February 3rd. They set a “hold” rating and a $120.00 price target for the company. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $111.30.

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.