Janus Henderson Group PLC Sells 914 Shares of Shift4 Payments, Inc. (NYSE:FOUR)

Janus Henderson Group PLC lessened its stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 0.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,453,800 shares of the company’s stock after selling 914 shares during the quarter. Janus Henderson Group PLC owned about 1.64% of Shift4 Payments worth $128,807,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Senator Investment Group LP boosted its stake in shares of Shift4 Payments by 8,551.1% during the 2nd quarter. Senator Investment Group LP now owns 562,236 shares of the company’s stock worth $41,240,000 after acquiring an additional 555,737 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of Shift4 Payments by 26.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 37,580 shares of the company’s stock worth $3,330,000 after acquiring an additional 7,905 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in Shift4 Payments by 41.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 492,849 shares of the company’s stock valued at $43,666,000 after purchasing an additional 145,444 shares during the period. Artemis Investment Management LLP boosted its stake in Shift4 Payments by 113.0% during the 3rd quarter. Artemis Investment Management LLP now owns 457,467 shares of the company’s stock valued at $40,532,000 after purchasing an additional 242,684 shares during the period. Finally, Jennison Associates LLC boosted its stake in Shift4 Payments by 9.3% during the 3rd quarter. Jennison Associates LLC now owns 2,834,061 shares of the company’s stock valued at $251,098,000 after purchasing an additional 242,179 shares during the period. Institutional investors own 98.87% of the company’s stock.

Insiders Place Their Bets

In other Shift4 Payments news, CFO Nancy Disman sold 20,000 shares of Shift4 Payments stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $81.30, for a total value of $1,626,000.00. Following the sale, the chief financial officer now owns 182,959 shares of the company’s stock, valued at $14,874,566.70. This trade represents a 9.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider David Taylor Lauber sold 5,000 shares of Shift4 Payments stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $113.71, for a total value of $568,550.00. Following the completion of the sale, the insider now directly owns 210,045 shares in the company, valued at $23,884,216.95. This represents a 2.33 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 37,500 shares of company stock worth $3,226,675. Corporate insiders own 30.57% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. BTIG Research increased their target price on Shift4 Payments from $90.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. William Blair assumed coverage on Shift4 Payments in a research note on Wednesday, September 4th. They set an “outperform” rating for the company. B. Riley increased their target price on Shift4 Payments from $110.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group increased their target price on Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, DA Davidson increased their target price on Shift4 Payments from $118.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Four research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.15.

Shift4 Payments Stock Down 12.4 %

NYSE:FOUR opened at $99.96 on Thursday. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $116.84. 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 firm has a market capitalization of $9.01 billion, a P/E ratio of 54.33, a P/E/G ratio of 1.41 and a beta of 1.70. The stock’s fifty day simple moving average is $97.57 and its 200-day simple moving average is $81.94.

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.