Blue Trust Inc. Purchases 171 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

Blue Trust Inc. raised its position in Shift4 Payments, Inc. (NYSE:FOUR) by 67.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 425 shares of the company’s stock after buying an additional 171 shares during the quarter. Blue Trust Inc.’s holdings in Shift4 Payments were worth $44,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wasatch Advisors LP raised its stake in Shift4 Payments by 50.8% in the 3rd quarter. Wasatch Advisors LP now owns 5,883,186 shares of the company’s stock valued at $521,250,000 after acquiring an additional 1,980,940 shares during the period. Jennison Associates LLC increased its stake in shares of Shift4 Payments by 9.3% in the third quarter. Jennison Associates LLC now owns 2,834,061 shares of the company’s stock worth $251,098,000 after purchasing an additional 242,179 shares in the last quarter. Westfield Capital Management Co. LP raised its position in shares of Shift4 Payments by 0.9% in the third quarter. Westfield Capital Management Co. LP now owns 1,455,085 shares of the company’s stock valued at $128,921,000 after purchasing an additional 12,804 shares during the period. Geode Capital Management LLC lifted its stake in shares of Shift4 Payments by 5.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,058,369 shares of the company’s stock valued at $93,797,000 after buying an additional 53,610 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in Shift4 Payments by 41.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 492,849 shares of the company’s stock worth $43,666,000 after buying an additional 145,444 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Trading Up 0.8 %

FOUR stock opened at $121.00 on Monday. The company has a market capitalization of $10.90 billion, a PE ratio of 65.76, a price-to-earnings-growth ratio of 1.26 and a beta of 1.72. The company has a debt-to-equity ratio of 2.71, a quick ratio of 2.97 and a current ratio of 2.98. Shift4 Payments, Inc. has a one year low of $55.87 and a one year high of $123.25. The company’s 50 day moving average price is $108.67 and its two-hundred day moving average price is $94.56.

Analyst Upgrades and Downgrades

FOUR has been the topic of a number of analyst reports. Keefe, Bruyette & Woods cut shares of Shift4 Payments from an “outperform” rating to a “market perform” rating and set a $112.00 target price on the stock. in a report on Monday, December 9th. The Goldman Sachs Group increased their price objective on Shift4 Payments from $106.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Oppenheimer lifted their target price on Shift4 Payments from $120.00 to $121.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Benchmark downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, Susquehanna boosted their price objective on shares of Shift4 Payments from $105.00 to $120.00 and gave the company a “positive” rating in a research note on Wednesday, November 13th. Seven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, Shift4 Payments has an average rating of “Moderate Buy” and a consensus price target of $108.24.

Insider Activity at Shift4 Payments

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

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.