20,551 Shares in Shift4 Payments, Inc. (NYSE:FOUR) Acquired by Entropy Technologies LP

Entropy Technologies LP acquired a new position in shares of Shift4 Payments, Inc. (NYSE:FOUR) in the fourth quarter, Holdings Channel.com reports. The fund acquired 20,551 shares of the company’s stock, valued at approximately $2,133,000.

Other institutional investors have also added to or reduced their stakes in the company. Waldron Private Wealth LLC bought a new stake in shares of Shift4 Payments in the 3rd quarter worth approximately $25,000. Heck Capital Advisors LLC purchased a new stake in shares of Shift4 Payments in the 4th quarter worth about $26,000. Transcendent Capital Group LLC bought a new position in shares of Shift4 Payments during the third quarter valued at approximately $27,000. Central Pacific Bank Trust Division bought a new position in Shift4 Payments during the 4th quarter valued at approximately $28,000. Finally, UMB Bank n.a. purchased a new position in shares of Shift4 Payments in the 4th quarter worth about $29,000. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Insider Buying and Selling

In related news, insider James J. Whalen sold 1,462 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $101.07, for a total transaction of $147,764.34. Following the transaction, the insider now directly owns 37,089 shares in the company, valued at approximately $3,748,585.23. This represents a 3.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jordan Frankel sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $99.01, for a total transaction of $495,050.00. Following the completion of the sale, the insider now directly owns 222,112 shares of the company’s stock, valued at approximately $21,991,309.12. The trade was a 2.20 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,462 shares of company stock worth $1,211,364. Corporate insiders own 30.57% of the company’s stock.

Shift4 Payments Stock Performance

Shift4 Payments stock opened at $121.00 on Monday. The company’s 50-day moving average price is $108.67 and its 200-day moving average price is $94.56. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71. The company has a market cap 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. Shift4 Payments, Inc. has a twelve month low of $55.87 and a twelve month high of $123.25.

Wall Street Analyst Weigh In

FOUR has been the subject of a number of recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of Shift4 Payments from $106.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Benchmark downgraded Shift4 Payments from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. Morgan Stanley upped their price objective on Shift4 Payments from $90.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 18th. Stephens raised their target price on shares of Shift4 Payments from $90.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Shift4 Payments in a research note on Monday, February 3rd. They issued a “hold” rating and a $120.00 price target for the company. Seven equities 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 currently has an average rating of “Moderate Buy” and a consensus price target of $108.24.

Shift4 Payments 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.