Tudor Investment Corp ET AL Sells 20,250 Shares of Repay Holdings Co. (NASDAQ:RPAY)

Tudor Investment Corp ET AL trimmed its stake in Repay Holdings Co. (NASDAQ:RPAY) by 37.6% during the 4th quarter, Holdings Channel reports. The firm owned 33,551 shares of the company’s stock after selling 20,250 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Repay were worth $256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Quarry LP purchased a new position in shares of Repay in the 4th quarter worth about $27,000. Johnson Financial Group Inc. purchased a new stake in Repay in the fourth quarter worth approximately $47,000. Two Sigma Securities LLC bought a new position in Repay during the fourth quarter valued at approximately $252,000. Sompo Asset Management Co. Ltd. raised its stake in shares of Repay by 12.2% during the fourth quarter. Sompo Asset Management Co. Ltd. now owns 78,740 shares of the company’s stock worth $601,000 after acquiring an additional 8,550 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Repay by 15.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 34,600 shares of the company’s stock worth $264,000 after acquiring an additional 4,635 shares during the last quarter. 82.73% of the stock is owned by hedge funds and other institutional investors.

Repay Price Performance

RPAY opened at $3.96 on Friday. The stock’s 50 day moving average price is $4.99 and its 200-day moving average price is $6.79. Repay Holdings Co. has a 52-week low of $3.59 and a 52-week high of $11.27. The stock has a market capitalization of $386.05 million, a PE ratio of -4.55 and a beta of 1.61. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on RPAY shares. DA Davidson reiterated a “buy” rating and issued a $14.00 target price on shares of Repay in a research report on Thursday, February 27th. Stephens reissued an “overweight” rating and issued a $11.00 target price on shares of Repay in a research note on Tuesday, March 4th. Barclays dropped their target price on Repay from $9.00 to $6.00 and set an “overweight” rating for the company in a report on Monday, April 14th. UBS Group decreased their price target on Repay from $9.50 to $7.50 and set a “neutral” rating on the stock in a research note on Tuesday, March 4th. Finally, BMO Capital Markets dropped their price objective on Repay from $10.00 to $8.00 and set a “market perform” rating for the company in a research note on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Repay presently has an average rating of “Moderate Buy” and a consensus target price of $9.94.

Repay Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.