Yousif Capital Management LLC Has $2.25 Million Stock Holdings in Shift4 Payments, Inc. $FOUR

Yousif Capital Management LLC lessened its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 3.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 22,650 shares of the company’s stock after selling 705 shares during the period. Yousif Capital Management LLC’s holdings in Shift4 Payments were worth $2,245,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FOUR. SRH Advisors LLC acquired a new position in Shift4 Payments during the first quarter valued at approximately $26,000. Banque Transatlantique SA acquired a new position in Shift4 Payments during the first quarter valued at approximately $27,000. Harbour Investments Inc. acquired a new position in Shift4 Payments during the first quarter valued at approximately $32,000. Valley National Advisers Inc. grew its holdings in Shift4 Payments by 41.7% during the first quarter. Valley National Advisers Inc. now owns 425 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in Shift4 Payments by 100.0% during the first 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 period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Insider Buying and Selling

In other Shift4 Payments news, Chairman Jared Isaacman bought 104,705 shares of Shift4 Payments stock in a transaction that occurred on Monday, August 11th. The stock was acquired at an average price of $83.61 per share, for a total transaction of $8,754,385.05. Following the completion of the acquisition, the chairman owned 939,715 shares of the company’s stock, valued at $78,569,571.15. This trade represents a 12.54% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider James J. Whalen sold 794 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $89.89, for a total transaction of $71,372.66. Following the transaction, the insider owned 56,324 shares of the company’s stock, valued at $5,062,964.36. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. 25.15% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Mizuho decreased their price objective on shares of Shift4 Payments from $107.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, October 8th. Weiss Ratings upgraded shares of Shift4 Payments from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. UBS Group reduced their price target on shares of Shift4 Payments from $125.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, August 6th. The Goldman Sachs Group reiterated a “buy” rating and issued a $104.00 price target on shares of Shift4 Payments in a report on Wednesday, August 6th. Finally, Truist Financial upped their price target on shares of Shift4 Payments from $97.00 to $109.00 and gave the company a “hold” rating in a report on Thursday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.50.

Shift4 Payments Stock Down 0.0%

Shift4 Payments stock opened at $74.05 on Friday. The stock has a market capitalization of $6.55 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 0.74 and a beta of 1.69. Shift4 Payments, Inc. has a twelve month low of $68.09 and a twelve month high of $127.50. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 2.99. The company has a 50 day moving average of $84.45 and a 200-day moving average of $88.86.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Tuesday, August 5th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.10). Shift4 Payments had a return on equity of 37.05% and a net margin of 6.11%.The business had revenue of $413.40 million for the quarter, compared to analyst estimates of $967.84 million. During the same quarter in the previous year, the company posted $0.96 EPS. The business’s revenue for the quarter was up 28.9% compared to the same quarter last year. On average, equities research analysts anticipate that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal 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.