2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP boosted its stake in shares of Shift4 Payments, Inc. ( NYSE:FOUR – Free Report ) by 35.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 849,564 shares of the company’s stock after purchasing an additional 221,881 shares during the quarter. Dimensional Fund Advisors LP owned 0.97% of Shift4 Payments worth $62,315,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FOUR. Wasatch Advisors LP lifted its holdings in Shift4 Payments by 34.3% in the first quarter.
Wasatch Advisors LP now owns 3,451,361 shares of the company’s stock valued at $228,031,000 after buying an additional 881,216 shares during the period. Kodai Capital Management LP bought a new stake in shares of Shift4 Payments during the 4th quarter valued at $59,520,000. Westfield Capital Management Co.
LP lifted its stake in shares of Shift4 Payments by 72.8% in the 1st quarter. Westfield Capital Management Co.
LP now owns 1,333,252 shares of the company’s stock valued at $88,088,000 after purchasing an additional 561,707 shares during the period. Scout Investments Inc. bought a new position in shares of Shift4 Payments in the 1st quarter worth $34,108,000.
Finally, Foxhaven Asset Management LP acquired a new stake in shares of Shift4 Payments during the fourth quarter worth $38,879,000. 98.87% of the stock is currently owned by institutional investors.
Insider Activity In other Shift4 Payments news, CFO Nancy Disman sold 20,000 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $81.30, for a total transaction of $1,626,000.
00. Following the completion of the sale, the chief financial officer now owns 182,959 shares of the company’s stock, valued at approximately $14,874,566.70.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . In related news, insider Jordan Frankel sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $82.
57, for a total transaction of $1,032,125.00. Following the completion of the sale, the insider now owns 228,021 shares of the company’s stock, valued at $18,827,693.
97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CFO Nancy Disman sold 20,000 shares of the stock in a transaction on Friday, September 13th.
The shares were sold at an average price of $81.30, for a total value of $1,626,000.00.
Following the sale, the chief financial officer now directly owns 182,959 shares in the company, valued at $14,874,566.70. The disclosure for this sale can be found here .
Insiders own 30.57% of the company’s stock. Analyst Ratings Changes Read Our Latest Stock Analysis on FOUR Shift4 Payments Stock Performance Shares of FOUR opened at $87.
87 on Friday. The firm has a market cap of $7.69 billion, a PE ratio of 58.
97, a PEG ratio of 0.85 and a beta of 1.64.
The company has a debt-to-equity ratio of 1.83, a current ratio of 1.35 and a quick ratio of 1.
34. The stock’s fifty day moving average price is $76.99 and its two-hundred day moving average price is $71.
11. Shift4 Payments, Inc. has a 1 year low of $42.
91 and a 1 year high of $92.30. Shift4 Payments ( NYSE:FOUR – Get Free Report ) last released its quarterly earnings results on Thursday, August 8th.
The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.
09. The firm had revenue of $320.60 million during the quarter, compared to analyst estimates of $314.
10 million. Shift4 Payments had a net margin of 3.64% and a return on equity of 24.
19%. The business’s revenue for the quarter was up 40.6% on a year-over-year basis.
During the same period in the previous year, the business earned $0.58 EPS. On average, equities research analysts forecast that Shift4 Payments, Inc.
will post 3.13 EPS for the current year. 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. Recommended Stories Five stocks we like better than Shift4 Payments High Flyers: 3 Natural Gas Stocks for March 2022 Can Costco Stock Hit New Highs as Interest Rates Drop? There Are Different Types of Stock To Invest In These 3 Stocks Show How to Navigate Declining Consumer Confidence Investing In Preferred Stock vs. Common Stock MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Receive News & Ratings for Shift4 Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shift4 Payments and related companies with MarketBeat.
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