Bank of Jackson Hole Trust Purchases New Holdings in Shift4 Payments, Inc. (NYSE:FOUR)

Bank of Jackson Hole Trust bought a new position in Shift4 Payments, Inc. (NYSE:FOUR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 400 shares of the company’s stock, valued at approximately $42,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Rice Hall James & Associates LLC grew its stake in Shift4 Payments by 799.9% in the 4th quarter. Rice Hall James & Associates LLC now owns 231,034 shares of the company’s stock worth $23,977,000 after acquiring an additional 205,361 shares in the last quarter. Principal Financial Group Inc. grew its stake in Shift4 Payments by 2,954.7% in the 4th quarter. Principal Financial Group Inc. now owns 158,998 shares of the company’s stock worth $16,501,000 after acquiring an additional 153,793 shares in the last quarter. WBH Advisory Inc. bought a new position in Shift4 Payments in the 4th quarter worth about $211,000. Rhumbline Advisers grew its stake in Shift4 Payments by 155.9% in the 4th quarter. Rhumbline Advisers now owns 185,795 shares of the company’s stock worth $19,282,000 after acquiring an additional 113,193 shares in the last quarter. Finally, New Mexico Educational Retirement Board purchased a new stake in shares of Shift4 Payments in the 4th quarter worth approximately $1,391,000. 98.87% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FOUR has been the subject of several research reports. The Goldman Sachs Group upped their price target on shares of Shift4 Payments from $106.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Wells Fargo & Company upped their price target on shares of Shift4 Payments from $120.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Shift4 Payments in a research report on Monday, February 3rd. They issued a “hold” rating and a $120.00 price target for the company. Stephens reaffirmed an “overweight” rating and issued a $125.00 price target on shares of Shift4 Payments in a research report on Wednesday. Finally, B. Riley upped their price target on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Seven research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, Shift4 Payments presently has an average rating of “Moderate Buy” and an average target price of $114.19.

Shift4 Payments Trading Down 4.7 %

Shares of Shift4 Payments stock opened at $98.79 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $127.50. The firm has a market capitalization of $8.90 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 1.32 and a beta of 1.72. The firm’s 50 day simple moving average is $110.87 and its two-hundred day simple moving average is $97.43.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The business had revenue of $405.00 million for the quarter, compared to analyst estimates of $1 billion. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.38%. Analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Insider Transactions at Shift4 Payments

In other news, insider James J. Whalen sold 1,462 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $101.07, for a total value of $147,764.34. Following the sale, the insider now owns 37,089 shares in the company, valued at $3,748,585.23. This represents a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David Taylor Lauber sold 5,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $113.71, for a total transaction of $568,550.00. Following the sale, the insider now owns 210,045 shares in the company, valued at approximately $23,884,216.95. This represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,462 shares of company stock worth $1,211,364 over the last 90 days. 30.57% of the stock is currently owned by company insiders.

Shift4 Payments Company 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.