1 week Ago By ABMN Staff
Pictet Asset Management Holding SA lifted its position in Shift4 Payments, Inc. ( NYSE:FOUR – Free Report ) by 20.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The firm owned 8,265 shares of the company’s stock after purchasing an additional 1,425 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Shift4 Payments were worth $858,000 at the end of the most recent quarter. A number of other hedge funds have also recently added to or reduced their stakes in FOUR.
Vanguard Group Inc. grew its holdings in shares of Shift4 Payments by 9.4% during the fourth quarter.
Vanguard Group Inc. now owns 6,539,486 shares of the company’s stock worth $678,668,000 after buying an additional 562,774 shares during the last quarter. Rice Hall James & Associates LLC grew its stake in shares of Shift4 Payments by 799.
9% in the 4th quarter. Rice Hall James & Associates LLC now owns 231,034 shares of the company’s stock valued at $23,977,000 after purchasing an additional 205,361 shares during the last quarter. Maestria Partners LLC acquired a new position in shares of Shift4 Payments in the fourth quarter valued at approximately $19,614,000.
Principal Financial Group Inc. increased its holdings in shares of Shift4 Payments by 2,954.7% in the fourth quarter.
Principal Financial Group Inc. now owns 158,998 shares of the company’s stock valued at $16,501,000 after purchasing an additional 153,793 shares during the period. Finally, Blair William & Co.
IL raised its stake in shares of Shift4 Payments by 1,396.4% during the fourth quarter. Blair William & Co.
IL now owns 122,748 shares of the company’s stock worth $12,739,000 after purchasing an additional 114,545 shares during the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.
Insider Activity In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.
00. Following the sale, the chief financial officer now directly owns 177,622 shares of the company’s stock, valued at approximately $15,094,317.56.
This trade represents a 5.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, President David Taylor Lauber sold 2,500 shares of Shift4 Payments stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $91.70, for a total value of $229,250.
00. Following the completion of the sale, the president now owns 264,856 shares of the company’s stock, valued at $24,287,295.20.
This trade represents a 0.94 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold a total of 12,695 shares of company stock valued at $1,097,380 over the last 90 days. Insiders own 30.57% of the company’s stock.
Analysts Set New Price Targets Check Out Our Latest Stock Analysis on Shift4 Payments Shift4 Payments Stock Performance Shift4 Payments stock opened at $74.77 on Tuesday. Shift4 Payments, Inc.
has a fifty-two week low of $55.87 and a fifty-two week high of $127.50.
The company has a market capitalization of $6.66 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 1.
04 and a beta of 1.80. The stock has a fifty day moving average of $99.
00 and a two-hundred day moving average of $100.05. The company has a debt-to-equity ratio of 2.
12, a quick ratio of 2.97 and a current ratio of 1.38.
Shift4 Payments ( NYSE:FOUR – Get Free Report ) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.
16 by $0.06. The firm had revenue of $405.
00 million during the quarter, compared to analysts’ expectations of $1 billion. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.
89%. On average, analysts anticipate that Shift4 Payments, Inc. will post 3.
7 EPS for the current fiscal year. About Shift4 Payments ( 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.
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