Blue Trust Inc. Buys 171 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

Blue Trust Inc. grew its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 67.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 425 shares of the company’s stock after purchasing an additional 171 shares during the period. Blue Trust Inc.’s holdings in Shift4 Payments were worth $44,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Central Pacific Bank Trust Division purchased a new position in shares of Shift4 Payments during the 4th quarter worth approximately $28,000. UMB Bank n.a. bought a new stake in shares of Shift4 Payments during the fourth quarter valued at approximately $29,000. Waldron Private Wealth LLC bought a new position in Shift4 Payments in the third quarter worth $25,000. Transcendent Capital Group LLC purchased a new position in Shift4 Payments during the third quarter valued at $27,000. Finally, Toth Financial Advisory Corp bought a new stake in shares of Shift4 Payments during the 3rd quarter valued at $32,000. 98.87% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on FOUR shares. B. Riley increased their price target on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Stephens raised their target price on shares of Shift4 Payments from $90.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Morgan Stanley lifted their target price on shares of Shift4 Payments from $90.00 to $109.00 and gave the company an “equal weight” rating in a report on Wednesday, December 18th. Deutsche Bank Aktiengesellschaft started coverage on Shift4 Payments in a research note on Monday, February 3rd. They issued a “hold” rating and a $120.00 price target on the stock. Finally, DA Davidson lifted their price objective on Shift4 Payments from $118.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Seven analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, Shift4 Payments has a consensus rating of “Moderate Buy” and an average price target of $108.24.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, insider James J. Whalen sold 1,462 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $101.07, for a total transaction of $147,764.34. Following the completion of the sale, the insider now owns 37,089 shares of the company’s stock, valued at approximately $3,748,585.23. The trade was a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jordan Frankel sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $99.01, for a total value of $495,050.00. Following the completion of the transaction, the insider now directly owns 222,112 shares in the company, valued at $21,991,309.12. This trade represents a 2.20 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,462 shares of company stock worth $1,211,364 in the last ninety days. Insiders own 30.57% of the company’s stock.

Shift4 Payments Trading Up 0.8 %

NYSE:FOUR opened at $121.00 on Monday. The company has a market cap of $10.90 billion, a PE ratio of 65.76, a price-to-earnings-growth ratio of 1.26 and a beta of 1.72. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71. The company has a 50 day simple moving average of $108.67 and a two-hundred day simple moving average of $94.56. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month high of $123.25.

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.