B. Metzler seel. Sohn & Co. AG Sells 41,660 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

B. Metzler seel. Sohn & Co. AG lowered its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 46.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,227 shares of the company’s stock after selling 41,660 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned about 0.05% of Shift4 Payments worth $4,901,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Heck Capital Advisors LLC bought a new position in shares of Shift4 Payments during the 4th quarter worth about $26,000. Rakuten Securities Inc. lifted its stake 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 buying an additional 157 shares during the period. Central Pacific Bank Trust Division acquired a new stake in Shift4 Payments during the fourth quarter worth about $28,000. UMB Bank n.a. bought a new position in Shift4 Payments during the fourth quarter valued at about $29,000. Finally, Valley National Advisers Inc. acquired a new position in Shift4 Payments in the 4th quarter valued at approximately $31,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Benchmark lowered Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. DA Davidson lowered their price target on shares of Shift4 Payments from $140.00 to $124.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Piper Sandler reaffirmed an “overweight” rating and set a $143.00 price objective (up from $120.00) on shares of Shift4 Payments in a report on Wednesday, February 19th. Keefe, Bruyette & Woods lowered their target price on shares of Shift4 Payments from $125.00 to $95.00 and set a “market perform” rating on the stock in a research note on Monday. Finally, Bank of America cut shares of Shift4 Payments from a “buy” rating to a “neutral” rating and cut their price target for the stock from $112.00 to $105.00 in a research note on Wednesday, December 4th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $113.80.

Insider Buying and Selling at Shift4 Payments

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

Shift4 Payments Stock Down 3.4 %

NYSE FOUR opened at $81.67 on Tuesday. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. Shift4 Payments, Inc. has a 52 week low of $55.87 and a 52 week high of $127.50. The stock has a market capitalization of $7.28 billion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 1.04 and a beta of 1.76. The stock has a fifty day moving average of $102.69 and a 200-day moving average of $100.21.

Shift4 Payments (NYSE:FOUR) last released its 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. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The company had revenue of $405.00 million for the quarter, compared to the consensus estimate of $1 billion. On average, equities research analysts forecast that Shift4 Payments, Inc. will post 3.7 EPS for the current year.

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.