Yousif Capital Management LLC Invests $2.48 Million in Shift4 Payments, Inc. (NYSE:FOUR)

Yousif Capital Management LLC bought a new stake in Shift4 Payments, Inc. (NYSE:FOUR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,924 shares of the company’s stock, valued at approximately $2,483,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Waldron Private Wealth LLC purchased a new stake in Shift4 Payments in the 3rd quarter valued at approximately $25,000. Heck Capital Advisors LLC purchased a new stake in shares of Shift4 Payments in the fourth quarter valued at approximately $26,000. Transcendent Capital Group LLC acquired a new position in Shift4 Payments during the third quarter worth $27,000. Central Pacific Bank Trust Division purchased a new position in Shift4 Payments in the fourth quarter worth $28,000. Finally, UMB Bank n.a. acquired a new stake in Shift4 Payments in the fourth quarter valued at $29,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Stephens raised their price objective on shares of Shift4 Payments from $90.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Deutsche Bank Aktiengesellschaft assumed coverage on Shift4 Payments in a research report on Monday, February 3rd. They set a “hold” rating and a $120.00 price target for the company. Piper Sandler upped their price objective on Shift4 Payments from $93.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. DA Davidson lifted their price objective on Shift4 Payments from $118.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, Morgan Stanley increased their price objective on shares of Shift4 Payments from $90.00 to $109.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 18th. Seven analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $108.24.

Shift4 Payments Stock Up 0.8 %

NYSE FOUR opened at $121.00 on Monday. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71. Shift4 Payments, Inc. has a fifty-two week low of $55.87 and a fifty-two week high of $123.25. The business has a 50 day moving average price of $108.67 and a two-hundred day moving average price of $94.56. The stock has a market cap of $10.90 billion, a PE ratio of 65.76, a P/E/G ratio of 1.26 and a beta of 1.72.

Insider Transactions at Shift4 Payments

In related news, insider David Taylor Lauber sold 5,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $113.71, for a total value of $568,550.00. Following the transaction, the insider now owns 210,045 shares in the company, valued at approximately $23,884,216.95. The trade was a 2.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider James J. Whalen sold 1,462 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $101.07, for a total value of $147,764.34. Following the sale, the insider now owns 37,089 shares of the company’s stock, valued at approximately $3,748,585.23. This trade represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,462 shares of company stock valued at $1,211,364. Corporate insiders own 30.57% of the company’s stock.

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.