Mawer Investment Management Ltd. Has $10.59 Million Position in Shift4 Payments, Inc. $FOUR

Mawer Investment Management Ltd. grew its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 63.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,829 shares of the company’s stock after purchasing an additional 41,542 shares during the period. Mawer Investment Management Ltd. owned about 0.12% of Shift4 Payments worth $10,588,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. S.A. Mason LLC increased its position in shares of Shift4 Payments by 1.9% in the second quarter. S.A. Mason LLC now owns 5,377 shares of the company’s stock valued at $533,000 after acquiring an additional 102 shares during the last quarter. Prasad Wealth Partners LLC raised its stake in Shift4 Payments by 1.9% in the second quarter. Prasad Wealth Partners LLC now owns 5,677 shares of the company’s stock valued at $563,000 after buying an additional 105 shares during the period. Shaker Investments LLC OH lifted its holdings in Shift4 Payments by 1.9% during the 2nd quarter. Shaker Investments LLC OH now owns 5,556 shares of the company’s stock valued at $551,000 after purchasing an additional 105 shares during the last quarter. Truist Financial Corp increased its stake in shares of Shift4 Payments by 2.8% during the second quarter. Truist Financial Corp now owns 4,560 shares of the company’s stock worth $452,000 after purchasing an additional 123 shares during the period. Finally, Amalgamated Bank increased its holdings in shares of Shift4 Payments by 0.4% during the second quarter. Amalgamated Bank now owns 32,173 shares of the company’s stock worth $3,189,000 after purchasing an additional 136 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

Insider Activity at Shift4 Payments

In other news, CEO David Taylor Lauber sold 2,500 shares of Shift4 Payments stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $88.59, for a total value of $221,475.00. Following the completion of the sale, the chief executive officer owned 285,588 shares in the company, valued at $25,300,240.92. The trade was a 0.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 directly owned 56,324 shares in the company, valued at approximately $5,062,964.36. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 25.15% of the company’s stock.

Analysts Set New Price Targets

FOUR has been the subject of several recent analyst reports. Royal Bank Of Canada cut their price objective on shares of Shift4 Payments from $127.00 to $96.00 and set an “outperform” rating for the company in a research report on Friday. Piper Sandler lowered their price target on Shift4 Payments from $113.00 to $107.00 and set an “overweight” rating for the company in a report on Wednesday, August 6th. Oppenheimer dropped their target price on shares of Shift4 Payments from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Friday, October 17th. Susquehanna decreased their price target on shares of Shift4 Payments from $125.00 to $115.00 and set a “positive” rating on the stock in a report on Friday. Finally, Morgan Stanley cut their target price on shares of Shift4 Payments from $92.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $101.43.

Shift4 Payments Stock Performance

NYSE FOUR opened at $71.03 on Tuesday. The company has a market capitalization of $6.28 billion, a price-to-earnings ratio of 33.35, a PEG ratio of 0.69 and a beta of 1.72. 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 stock has a fifty day simple moving average of $78.67 and a 200 day simple moving average of $88.35.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Thursday, November 6th. The company reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.03). The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.19 billion. Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.Shift4 Payments’s quarterly revenue was up 61.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.04 EPS. Shift4 Payments has set its FY 2025 guidance at EPS. Sell-side analysts expect that Shift4 Payments, Inc. will post 3.7 EPS for the current 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.