1 week Ago By ABMN Staff
Sei Investments Co. raised its holdings in Repay Holdings Co. ( NASDAQ:RPAY – Free Report ) by 18.
1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 525,856 shares of the company’s stock after acquiring an additional 80,569 shares during the quarter. Sei Investments Co.
’s holdings in Repay were worth $4,012,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the business. R Squared Ltd acquired a new stake in shares of Repay during the fourth quarter worth $36,000.
Blue Trust Inc. increased its stake in shares of Repay by 57.9% in the 4th quarter.
Blue Trust Inc. now owns 5,663 shares of the company’s stock valued at $46,000 after acquiring an additional 2,077 shares during the last quarter. Olympiad Research LP acquired a new stake in shares of Repay in the 4th quarter valued at approximately $80,000.
Point72 DIFC Ltd bought a new position in Repay during the 3rd quarter worth approximately $99,000. Finally, Bfsg LLC grew its holdings in Repay by 29.9% during the fourth quarter.
Bfsg LLC now owns 16,660 shares of the company’s stock valued at $127,000 after purchasing an additional 3,830 shares during the period. Institutional investors own 82.73% of the company’s stock.
Analyst Upgrades and Downgrades Several equities research analysts have weighed in on RPAY shares. Keefe, Bruyette & Woods cut their target price on shares of Repay from $9.00 to $8.
00 and set a “market perform” rating on the stock in a report on Monday, January 6th. Stephens reissued an “overweight” rating and issued a $11.00 target price on shares of Repay in a research note on Tuesday, March 4th.
Barclays dropped their price target on Repay from $11.00 to $9.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th.
Canaccord Genuity Group decreased their price objective on Repay from $13.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th.
Finally, BMO Capital Markets dropped their target price on shares of Repay from $10.00 to $8.00 and set a “market perform” rating on the stock in a report on Tuesday, March 4th.
Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.31.
Repay Trading Up 2.3 % NASDAQ RPAY opened at $5.77 on Thursday.
Repay Holdings Co. has a 52 week low of $5.30 and a 52 week high of $11.
27. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.
70 and a current ratio of 2.70. The stock’s 50 day moving average price is $6.
69 and its two-hundred day moving average price is $7.50. The stock has a market capitalization of $562.
51 million, a price-to-earnings ratio of -6.63 and a beta of 1.54.
About Repay ( Free Report ) Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.
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