Shift4 Payments, Inc. (NYSE:FOUR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $103.10.

FOUR has been the topic of several research reports. Stephens increased their price objective on shares of Shift4 Payments from $90.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Piper Sandler increased their price target on Shift4 Payments from $93.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Bank of America lowered Shift4 Payments from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $112.00 to $105.00 in a research report on Wednesday, December 4th. William Blair assumed coverage on Shift4 Payments in a research report on Wednesday, September 4th. They issued an “outperform” rating on the stock. Finally, B. Riley boosted their price target on shares of Shift4 Payments from $110.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 26th.

Insider Buying and Selling at Shift4 Payments

In related news, insider James J. Whalen sold 1,462 shares of Shift4 Payments stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $101.07, for a total value of $147,764.34. Following the transaction, the insider now owns 37,089 shares of the company’s stock, valued at approximately $3,748,585.23. This trade represents a 3.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider David Taylor Lauber sold 5,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $113.71, for a total value of $568,550.00. Following the sale, the insider now owns 210,045 shares in the company, valued at approximately $23,884,216.95. The trade was a 2.33 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. CWM LLC grew its holdings in shares of Shift4 Payments by 27.1% during the second quarter. CWM LLC now owns 1,131 shares of the company’s stock valued at $83,000 after buying an additional 241 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Shift4 Payments in the 2nd quarter valued at about $149,000. Sequoia Financial Advisors LLC purchased a new stake in shares of Shift4 Payments in the second quarter worth approximately $311,000. J.Safra Asset Management Corp lifted its position in shares of Shift4 Payments by 25.7% in the second quarter. J.Safra Asset Management Corp now owns 988 shares of the company’s stock worth $72,000 after purchasing an additional 202 shares in the last quarter. Finally, Coronation Fund Managers Ltd. acquired a new stake in shares of Shift4 Payments during the second quarter worth approximately $1,378,000. 98.87% of the stock is owned by hedge funds and other institutional investors.

Shift4 Payments Stock Up 1.3 %

Shares of NYSE:FOUR opened at $101.85 on Wednesday. The company’s fifty day moving average is $99.38 and its two-hundred day moving average is $83.74. The company has a debt-to-equity ratio of 2.71, a quick ratio of 2.97 and a current ratio of 2.98. Shift4 Payments has a 1-year low of $55.87 and a 1-year high of $116.84. The stock has a market capitalization of $9.18 billion, a price-to-earnings ratio of 55.35, a price-to-earnings-growth ratio of 1.30 and a beta of 1.70.

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.