Monimus Capital Management LP acquired a new position in shares of Repay Holdings Co. (NASDAQ:RPAY – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 282,675 shares of the company’s stock, valued at approximately $2,157,000. Repay accounts for about 2.0% of Monimus Capital Management LP’s portfolio, making the stock its 18th largest holding. Monimus Capital Management LP owned approximately 0.29% of Repay as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in RPAY. Wellington Management Group LLP bought a new position in shares of Repay during the 3rd quarter worth about $37,197,000. Barclays PLC increased its position in shares of Repay by 2,382.5% during the 3rd quarter. Barclays PLC now owns 1,486,977 shares of the company’s stock worth $12,134,000 after purchasing an additional 1,427,078 shares in the last quarter. Bank of Montreal Can increased its position in shares of Repay by 8,811.5% during the 3rd quarter. Bank of Montreal Can now owns 1,301,522 shares of the company’s stock worth $10,594,000 after purchasing an additional 1,286,917 shares in the last quarter. Private Management Group Inc. increased its position in shares of Repay by 71.6% during the 4th quarter. Private Management Group Inc. now owns 1,740,150 shares of the company’s stock worth $13,277,000 after purchasing an additional 726,058 shares in the last quarter. Finally, River Road Asset Management LLC increased its position in shares of Repay by 31.7% during the 4th quarter. River Road Asset Management LLC now owns 2,490,949 shares of the company’s stock worth $19,006,000 after purchasing an additional 599,840 shares in the last quarter. 82.73% of the stock is owned by institutional investors.
Repay Stock Up 2.3 %
Shares of NASDAQ:RPAY opened at $5.67 on Friday. Repay Holdings Co. has a one year low of $5.30 and a one year high of $11.27. The company has a 50 day moving average of $7.13 and a 200-day moving average of $7.73. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.70 and a quick ratio of 2.70. The stock has a market cap of $552.76 million, a price-to-earnings ratio of -6.52 and a beta of 1.54.
Analysts Set New Price Targets
View Our Latest Stock Report on RPAY
Repay Company Profile
Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.
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