Shift4 Payments, Inc. (NYSE:FOUR) Stock Holdings Increased by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 21.7% during the first quarter, HoldingsChannel.com reports. The firm owned 1,434,890 shares of the company’s stock after acquiring an additional 255,741 shares during the period. Janus Henderson Group PLC’s holdings in Shift4 Payments were worth $94,803,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FOUR. J.Safra Asset Management Corp grew its holdings in shares of Shift4 Payments by 79.0% during the 1st quarter. J.Safra Asset Management Corp now owns 786 shares of the company’s stock valued at $52,000 after acquiring an additional 347 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in Shift4 Payments during the fourth quarter valued at $90,000. Clear Street Markets LLC purchased a new position in Shift4 Payments in the fourth quarter valued at about $112,000. Natixis Investment Managers International acquired a new position in Shift4 Payments in the 4th quarter worth about $116,000. Finally, EntryPoint Capital LLC raised its stake in shares of Shift4 Payments by 296.2% during the 1st quarter. EntryPoint Capital LLC now owns 2,413 shares of the company’s stock worth $159,000 after purchasing an additional 1,804 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Shift4 Payments Stock Performance

NYSE FOUR traded up $0.20 during midday trading on Wednesday, hitting $69.12. The company had a trading volume of 187,965 shares, compared to its average volume of 1,352,657. Shift4 Payments, Inc. has a fifty-two week low of $42.91 and a fifty-two week high of $92.30. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.96. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 46.60, a P/E/G ratio of 0.88 and a beta of 1.63. The firm has a fifty day simple moving average of $70.15 and a two-hundred day simple moving average of $70.53.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Shift4 Payments had a net margin of 3.38% and a return on equity of 25.21%. The firm had revenue of $263.70 million for the quarter, compared to the consensus estimate of $268.55 million. Equities analysts forecast that Shift4 Payments, Inc. will post 3.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on FOUR. Wells Fargo & Company dropped their price objective on Shift4 Payments from $100.00 to $75.00 and set an “overweight” rating on the stock in a report on Friday, May 10th. Royal Bank of Canada restated an “outperform” rating and set a $94.00 price target on shares of Shift4 Payments in a report on Wednesday, April 3rd. DA Davidson reiterated a “buy” rating and issued a $96.00 price objective on shares of Shift4 Payments in a report on Wednesday, May 15th. Redburn Atlantic upgraded Shift4 Payments from a “sell” rating to a “neutral” rating and set a $53.00 target price on the stock in a report on Friday, April 19th. Finally, Benchmark reissued a “buy” rating and set a $99.00 price objective on shares of Shift4 Payments in a report on Wednesday, July 17th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.22.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, CEO Jared Isaacman purchased 39,135 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was purchased at an average cost of $64.04 per share, with a total value of $2,506,205.40. Following the acquisition, the chief executive officer now directly owns 621,962 shares of the company’s stock, valued at approximately $39,830,446.48. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In related news, CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $72.34, for a total value of $723,400.00. Following the completion of the sale, the chief financial officer now owns 274,954 shares of the company’s stock, valued at $19,890,172.36. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jared Isaacman acquired 39,135 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was bought at an average price of $64.04 per share, with a total value of $2,506,205.40. Following the transaction, the chief executive officer now directly owns 621,962 shares in the company, valued at $39,830,446.48. The disclosure for this purchase can be found here. 30.57% of the stock is owned by company insiders.

About Shift4 Payments

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.