Maestria Partners LLC Makes New $19.61 Million Investment in Shift4 Payments, Inc. (NYSE:FOUR)

Maestria Partners LLC purchased a new stake in Shift4 Payments, Inc. (NYSE:FOUR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 189,000 shares of the company’s stock, valued at approximately $19,614,000. Shift4 Payments makes up 7.8% of Maestria Partners LLC’s investment portfolio, making the stock its 5th largest holding. Maestria Partners LLC owned approximately 0.21% of Shift4 Payments as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of FOUR. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Shift4 Payments in the fourth quarter valued at $1,574,000. Xponance Inc. increased its holdings in shares of Shift4 Payments by 69.4% in the 4th quarter. Xponance Inc. now owns 12,863 shares of the company’s stock valued at $1,335,000 after acquiring an additional 5,268 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of Shift4 Payments during the fourth quarter worth about $1,677,000. Parallel Advisors LLC lifted its position in Shift4 Payments by 97.7% during the 4th quarter. Parallel Advisors LLC now owns 3,321 shares of the company’s stock worth $345,000 after acquiring an additional 1,641 shares during the period. Finally, Corient Private Wealth LLC grew its position in Shift4 Payments by 356.0% in the 4th quarter. Corient Private Wealth LLC now owns 86,000 shares of the company’s stock valued at $8,925,000 after buying an additional 67,140 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Shift4 Payments

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

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $88.24 on Thursday. The company has a fifty day moving average price of $105.95 and a two-hundred day moving average price of $99.60. The stock has a market cap of $7.86 billion, a P/E ratio of 28.74, a P/E/G ratio of 1.04 and a beta of 1.76. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97. Shift4 Payments, Inc. has a one year low of $55.87 and a one year high of $127.50.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1 billion. As a group, equities analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on FOUR shares. Bank of America downgraded shares of Shift4 Payments from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $112.00 to $105.00 in a report on Wednesday, December 4th. Piper Sandler reaffirmed an “overweight” rating and set a $143.00 price target (up from $120.00) on shares of Shift4 Payments in a research note on Wednesday, February 19th. Morgan Stanley decreased their target price on shares of Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 27th. Royal Bank of Canada reissued an “outperform” rating and issued a $154.00 price objective on shares of Shift4 Payments in a research report on Tuesday, March 4th. Finally, B. Riley boosted their price objective on shares of Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Seven 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.