Shift4 Payments, Inc. $FOUR Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP trimmed its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 50.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,688 shares of the company’s stock after selling 39,063 shares during the quarter. Quantinno Capital Management LP’s holdings in Shift4 Payments were worth $1,692,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Marex Group plc lifted its holdings in Shift4 Payments by 6.0% in the 4th quarter. Marex Group plc now owns 3,487 shares of the company’s stock valued at $220,000 after purchasing an additional 196 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Shift4 Payments by 5.6% during the third quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock worth $313,000 after buying an additional 214 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares in the last quarter. Glenmede Investment Management LP raised its position in shares of Shift4 Payments by 5.1% in the third quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock valued at $353,000 after buying an additional 222 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of Shift4 Payments by 4.4% in the second quarter. Cerity Partners LLC now owns 5,317 shares of the company’s stock valued at $527,000 after buying an additional 225 shares during the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FOUR has been the topic of a number of recent research reports. Weiss Ratings lowered shares of Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Mizuho set a $55.00 price objective on shares of Shift4 Payments in a report on Monday. Truist Financial raised their target price on shares of Shift4 Payments from $46.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, July 24th. Stephens cut Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 target price on the stock. in a report on Friday, April 17th. Finally, Keefe, Bruyette & Woods boosted their target price on Shift4 Payments from $50.00 to $52.00 and gave the stock a “market perform” rating in a report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $58.10.

Shift4 Payments Trading Up 7.2%

Shares of FOUR opened at $43.98 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. Shift4 Payments, Inc. has a 12-month low of $34.56 and a 12-month high of $92.79. The firm has a 50-day moving average price of $46.40 and a 200 day moving average price of $47.66. The firm has a market capitalization of $3.49 billion, a P/E ratio of 73.30, a P/E/G ratio of 0.48 and a beta of 1.40.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, August 6th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. Shift4 Payments’s quarterly revenue was up 50.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Sell-side analysts forecast that Shift4 Payments, Inc. will post 4.68 EPS for the current year.

Shift4 Payments Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.