First Dallas Securities Inc. Has $747,000 Stock Position in Shift4 Payments, Inc. (NYSE:FOUR)

First Dallas Securities Inc. decreased its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 8.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,300 shares of the company’s stock after selling 1,050 shares during the period. First Dallas Securities Inc.’s holdings in Shift4 Payments were worth $747,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Harvest Fund Management Co. Ltd bought a new position in Shift4 Payments during the fourth quarter valued at about $90,000. Clear Street Markets LLC bought a new position in Shift4 Payments during the fourth quarter valued at about $112,000. Natixis Investment Managers International acquired a new stake in Shift4 Payments during the fourth quarter valued at approximately $116,000. Global Trust Asset Management LLC acquired a new stake in Shift4 Payments during the first quarter valued at approximately $214,000. Finally, Qsemble Capital Management LP acquired a new stake in Shift4 Payments during the fourth quarter valued at approximately $227,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Insider Buying and Selling

In related news, Director Sarah Goldsmith-Grover sold 1,000 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $72.06, for a total value of $72,060.00. Following the transaction, the director now owns 9,474 shares in the company, valued at $682,696.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, Director Sarah Goldsmith-Grover sold 1,000 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $72.06, for a total value of $72,060.00. Following the transaction, the director now owns 9,474 shares in the company, valued at $682,696.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Nancy Disman sold 10,000 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $72.34, for a total transaction of $723,400.00. Following the completion of the transaction, the chief financial officer now owns 274,954 shares in the company, valued at approximately $19,890,172.36. The disclosure for this sale can be found here. 30.57% of the stock is currently owned by insiders.

Analyst Ratings Changes

FOUR has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price target on Shift4 Payments from $100.00 to $75.00 and set an “overweight” rating on the stock in a research report on Friday, May 10th. Benchmark restated a “buy” rating and set a $99.00 price target on shares of Shift4 Payments in a research report on Friday, May 10th. Morgan Stanley decreased their price objective on Shift4 Payments from $70.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Friday, May 10th. DA Davidson reiterated a “buy” rating and issued a $96.00 price objective on shares of Shift4 Payments in a research report on Wednesday, May 15th. Finally, Mizuho decreased their price objective on Shift4 Payments from $85.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday, May 13th. Three research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $83.67.

Shift4 Payments Stock Performance

FOUR stock traded up $0.03 during mid-day trading on Friday, hitting $73.35. 2,069,688 shares of the company were exchanged, compared to its average volume of 1,097,980. The business has a 50 day simple moving average of $66.68 and a 200-day simple moving average of $70.94. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $6.42 billion, a PE ratio of 49.23, a price-to-earnings-growth ratio of 0.94 and a beta of 1.62. Shift4 Payments, Inc. has a 1-year low of $42.91 and a 1-year high of $92.30.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.40 earnings per share 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 business had revenue of $263.70 million during the quarter, compared to analyst estimates of $268.55 million. On average, equities analysts forecast that Shift4 Payments, Inc. will post 3.01 earnings per share for the current year.

Shift4 Payments Profile

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.