Qsemble Capital Management LP Takes Position in Shift4 Payments, Inc. (NYSE:FOUR)

Qsemble Capital Management LP purchased a new stake in shares of Shift4 Payments, Inc. (NYSE:FOURFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,049 shares of the company’s stock, valued at approximately $227,000.

A number of other large investors have also recently bought and sold shares of FOUR. Jennison Associates LLC raised its holdings in shares of Shift4 Payments by 25.7% during the fourth quarter. Jennison Associates LLC now owns 2,945,060 shares of the company’s stock valued at $218,936,000 after purchasing an additional 601,749 shares during the period. First Dallas Securities Inc. acquired a new stake in Shift4 Payments in the third quarter valued at approximately $9,621,000. Schonfeld Strategic Advisors LLC increased its holdings in shares of Shift4 Payments by 136.5% during the third quarter. Schonfeld Strategic Advisors LLC now owns 281,011 shares of the company’s stock valued at $15,560,000 after acquiring an additional 162,192 shares in the last quarter. Voss Capital LLC acquired a new position in shares of Shift4 Payments during the fourth quarter worth approximately $11,151,000. Finally, Clearbridge Investments LLC lifted its holdings in shares of Shift4 Payments by 8.0% in the 3rd quarter. Clearbridge Investments LLC now owns 2,025,558 shares of the company’s stock worth $112,155,000 after purchasing an additional 149,783 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on FOUR shares. The Goldman Sachs Group dropped their price objective on shares of Shift4 Payments from $91.00 to $80.00 and set a “buy” rating on the stock in a research note on Monday, April 15th. Piper Sandler reissued an “overweight” rating and set a $93.00 price objective on shares of Shift4 Payments in a report on Wednesday, February 28th. Benchmark reaffirmed a “buy” rating and set a $99.00 target price on shares of Shift4 Payments in a research report on Friday. Evercore ISI cut their price objective on shares of Shift4 Payments from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $94.00 target price on shares of Shift4 Payments in a report on Wednesday, April 3rd. Two analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat, Shift4 Payments has a consensus rating of “Moderate Buy” and a consensus price target of $83.75.

Get Our Latest Stock Report on Shift4 Payments

Shift4 Payments Stock Up 1.0 %

FOUR opened at $65.76 on Tuesday. The stock has a market cap of $5.67 billion, a PE ratio of 44.13, a P/E/G ratio of 1.02 and a beta of 1.59. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 2.02. Shift4 Payments, Inc. has a 52 week low of $42.91 and a 52 week high of $92.30. The business’s fifty day simple moving average is $67.24 and its 200 day simple moving average is $68.62.

Shift4 Payments (NYSE:FOURGet Free Report) last issued its earnings results on Tuesday, February 27th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.05). The firm had revenue of $269.30 million during the quarter, compared to the consensus estimate of $278.85 million. Shift4 Payments had a return on equity of 27.88% and a net margin of 3.38%. As a group, research analysts expect that Shift4 Payments, Inc. will post 2.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Shift4 Payments news, insider David Taylor Lauber sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $80.15, for a total transaction of $1,202,250.00. Following the transaction, the insider now owns 243,880 shares in the company, valued at approximately $19,546,982. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 32.14% of the stock is owned by insiders.

Shift4 Payments Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Shift4 Payments (NYSE:FOUR)

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