Shift4 Payments (NYSE:FOUR) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft assumed coverage on shares of Shift4 Payments (NYSE:FOUR) in a report published on Monday, MarketBeat reports. The firm issued a hold rating and a $120.00 target price on the stock.

FOUR has been the topic of a number of other research reports. Morgan Stanley boosted their target price on shares of Shift4 Payments from $90.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 18th. Piper Sandler boosted their price objective on shares of Shift4 Payments from $93.00 to $120.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Susquehanna upped their price objective on shares of Shift4 Payments from $105.00 to $120.00 and gave the company a “positive” rating in a research report on Wednesday, November 13th. Barclays started coverage on Shift4 Payments in a research report on Wednesday, October 9th. They set an “overweight” rating and a $120.00 target price on the stock. Finally, The Goldman Sachs Group increased their price target on Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.24.

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $120.18 on Monday. The company has a debt-to-equity ratio of 2.71, a current ratio of 2.98 and a quick ratio of 2.97. Shift4 Payments has a 1-year low of $55.87 and a 1-year high of $123.25. The company has a market capitalization of $10.83 billion, a price-to-earnings ratio of 65.32, a PEG ratio of 1.22 and a beta of 1.72. The business has a 50-day moving average of $108.32 and a 200-day moving average of $93.66.

Insider Buying and Selling at Shift4 Payments

In other news, insider Jordan Frankel sold 5,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total transaction of $495,050.00. Following the completion of the transaction, the insider now 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider James J. Whalen sold 1,462 shares of the stock in a transaction dated Thursday, December 5th. The stock was 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 approximately $3,748,585.23. This trade represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,462 shares of company stock worth $1,211,364 over the last ninety days. Company insiders own 30.57% of the company’s stock.

Hedge Funds Weigh In On Shift4 Payments

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Heck Capital Advisors LLC bought a new stake in Shift4 Payments during the 4th quarter valued at $26,000. Central Pacific Bank Trust Division bought a new stake in shares of Shift4 Payments during the fourth quarter valued at about $28,000. UMB Bank n.a. acquired a new stake in Shift4 Payments in the fourth quarter worth about $29,000. Waldron Private Wealth LLC acquired a new stake in Shift4 Payments in the third quarter worth about $25,000. Finally, Transcendent Capital Group LLC bought a new position in Shift4 Payments in the 3rd quarter valued at about $27,000. 98.87% of the stock is currently owned by institutional investors and hedge funds.

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.