EntryPoint Capital LLC Invests $333,000 in Shift4 Payments, Inc. (NYSE:FOUR)

EntryPoint Capital LLC bought a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,208 shares of the company’s stock, valued at approximately $333,000.

Several other hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new position in Shift4 Payments in the 4th quarter valued at $26,000. Rakuten Securities Inc. boosted its position in shares of Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after acquiring an additional 157 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of Shift4 Payments in the fourth quarter valued at about $28,000. UMB Bank n.a. bought a new position in Shift4 Payments during the fourth quarter worth about $29,000. Finally, Valley National Advisers Inc. acquired a new stake in Shift4 Payments in the 4th quarter worth about $31,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Shift4 Payments

In other news, President David Taylor Lauber sold 2,500 shares of the firm’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $91.70, for a total transaction of $229,250.00. Following the completion of the transaction, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. This trade represents a 0.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Nancy Disman sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the sale, the chief financial officer now owns 177,622 shares in the company, valued at $15,094,317.56. The trade was a 5.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,695 shares of company stock worth $1,097,380. Company insiders own 30.57% of the company’s stock.

Shift4 Payments Price Performance

Shares of FOUR opened at $86.31 on Thursday. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The stock has a market cap of $7.69 billion, a PE ratio of 28.11, a PEG ratio of 1.04 and a beta of 1.76. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $127.50. The business has a 50-day simple moving average of $104.34 and a two-hundred day simple moving average of $99.91.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.06. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The company had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. Analysts anticipate that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FOUR. Stephens reaffirmed an “overweight” rating and set a $125.00 target price on shares of Shift4 Payments in a report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft started coverage on Shift4 Payments in a research note on Monday, February 3rd. They set a “hold” rating and a $120.00 price objective on the stock. Raymond James raised Shift4 Payments from an “outperform” rating to a “strong-buy” rating and set a $140.00 target price on the stock in a report on Monday, March 10th. Benchmark cut Shift4 Payments from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Shift4 Payments from $112.00 to $125.00 and gave the stock a “market perform” rating in a research report on Thursday, February 20th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $115.30.

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.