Shift4 Payments, Inc. $FOUR is Maestria Partners LLC’s 5th Largest Position

Maestria Partners LLC increased its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 2.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 272,700 shares of the company’s stock after buying an additional 7,500 shares during the period. Shift4 Payments comprises about 9.4% of Maestria Partners LLC’s holdings, making the stock its 5th biggest position. Maestria Partners LLC owned about 0.31% of Shift4 Payments worth $27,027,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. SRH Advisors LLC purchased a new stake in Shift4 Payments during the first quarter worth about $26,000. Banque Transatlantique SA purchased a new stake in Shift4 Payments during the first quarter worth about $27,000. Harbour Investments Inc. purchased a new stake in Shift4 Payments during the first quarter worth about $32,000. Valley National Advisers Inc. increased 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 worth $34,000 after buying an additional 125 shares during the last quarter. Finally, Advisors Asset Management Inc. increased 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 worth $35,000 after buying an additional 217 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Insider Activity

In other news, insider James J. Whalen sold 794 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $89.89, for a total value of $71,372.66. Following the completion of the transaction, the insider directly owned 56,324 shares in the company, valued at approximately $5,062,964.36. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Taylor Lauber sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $88.59, for a total transaction of $221,475.00. Following the completion of the transaction, the chief executive officer owned 285,588 shares of the company’s stock, valued at $25,300,240.92. This trade represents a 0.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. 25.15% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FOUR shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Shift4 Payments in a report on Thursday, July 17th. They set a “buy” rating and a $120.00 price objective for the company. Truist Financial increased their target price on shares of Shift4 Payments from $97.00 to $109.00 and gave the stock a “hold” rating in a research report on Thursday, July 17th. Mizuho cut their target price on shares of Shift4 Payments from $107.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday. Morgan Stanley cut their target price on shares of Shift4 Payments from $92.00 to $86.00 and set an “equal weight” rating for the company in a research report on Friday, October 3rd. Finally, BTIG Research reiterated a “buy” rating on shares of Shift4 Payments in a research report on Tuesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.65.

Shift4 Payments Price Performance

FOUR stock opened at $77.28 on Friday. The firm has a 50 day moving average of $85.62 and a 200-day moving average of $89.17. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 2.99. Shift4 Payments, Inc. has a 12 month low of $68.09 and a 12 month high of $127.50. The firm has a market capitalization of $6.83 billion, a P/E ratio of 28.62, a price-to-earnings-growth ratio of 0.77 and a beta of 1.69.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.10). Shift4 Payments had a net margin of 6.11% and a return on equity of 37.05%. The firm had revenue of $413.40 million during the quarter, compared to the consensus estimate of $967.84 million. During the same quarter last year, the business posted $0.96 earnings per share. Shift4 Payments’s revenue was up 28.9% compared to the same quarter last year. As a group, sell-side analysts predict that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Shift4 Payments Company 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.