Sanctuary Advisors LLC Has $171,000 Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

Sanctuary Advisors LLC cut its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 13.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,652 shares of the company’s stock after selling 253 shares during the quarter. Sanctuary Advisors LLC’s holdings in Shift4 Payments were worth $171,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Asset Management One Co. Ltd. grew its position in Shift4 Payments by 14.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 775 shares of the company’s stock worth $81,000 after buying an additional 99 shares in the last quarter. Perigon Wealth Management LLC lifted its position in shares of Shift4 Payments by 3.5% during the 4th quarter. Perigon Wealth Management LLC now owns 3,909 shares of the company’s stock valued at $419,000 after acquiring an additional 133 shares during the period. Blue Trust Inc. grew its holdings in shares of Shift4 Payments by 67.3% during the 4th quarter. Blue Trust Inc. now owns 425 shares of the company’s stock worth $44,000 after purchasing an additional 171 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of Shift4 Payments by 7.7% in the third quarter. Verdence Capital Advisors LLC now owns 3,415 shares of the company’s stock worth $303,000 after purchasing an additional 243 shares during the period. Finally, Heck Capital Advisors LLC bought a new position in shares of Shift4 Payments in the fourth quarter worth $26,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Price Performance

Shift4 Payments stock opened at $94.48 on Thursday. The company has a market capitalization of $8.42 billion, a PE ratio of 30.77, a P/E/G ratio of 1.04 and a beta of 1.76. The company has a current ratio of 1.38, a quick ratio of 2.97 and a debt-to-equity ratio of 2.12. The stock has a 50-day moving average price of $109.61 and a two-hundred day moving average price of $99.11. Shift4 Payments, Inc. has a 12 month low of $55.87 and a 12 month high of $127.50.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The business had revenue of $405.00 million during the quarter, compared to analyst estimates of $1 billion. Analysts expect that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on FOUR. B. Riley upped their price objective on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Benchmark downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Bank of America lowered shares of Shift4 Payments from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $112.00 to $105.00 in a research report on Wednesday, December 4th. DA Davidson lowered their price objective on shares of Shift4 Payments from $140.00 to $124.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Finally, Susquehanna raised their target price on Shift4 Payments from $105.00 to $120.00 and gave the company a “positive” rating in a report on Wednesday, November 13th. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Shift4 Payments currently has a consensus rating of “Moderate Buy” and an average price target of $114.00.

Insider Activity

In other Shift4 Payments news, insider Jordan Frankel sold 5,000 shares of the company’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 sale, the insider now owns 222,112 shares in the company, valued at approximately $21,991,309.12. The trade was a 2.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 30.57% of the company’s stock.

Shift4 Payments 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.