Avior Wealth Management LLC Has $530,000 Stock Position in Shift4 Payments, Inc. (NYSE:FOUR)

Avior Wealth Management LLC grew its holdings in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,107 shares of the company’s stock after acquiring an additional 432 shares during the period. Avior Wealth Management LLC’s holdings in Shift4 Payments were worth $530,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FOUR. Coronation Fund Managers Ltd. bought a new position in Shift4 Payments during the 2nd quarter worth $1,378,000. Envestnet Asset Management Inc. lifted its stake in shares of Shift4 Payments by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 68,454 shares of the company’s stock worth $5,021,000 after acquiring an additional 3,040 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Shift4 Payments by 35.3% in the second quarter. Dimensional Fund Advisors LP now owns 849,564 shares of the company’s stock valued at $62,315,000 after acquiring an additional 221,881 shares during the last quarter. Amalgamated Bank increased its position in Shift4 Payments by 217.2% during the 2nd quarter. Amalgamated Bank now owns 11,144 shares of the company’s stock valued at $817,000 after purchasing an additional 7,631 shares during the period. Finally, Xponance Inc. raised its holdings in Shift4 Payments by 13.6% during the 2nd quarter. Xponance Inc. now owns 7,736 shares of the company’s stock worth $567,000 after purchasing an additional 927 shares during the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Analyst Ratings Changes

FOUR has been the topic of a number of analyst reports. Benchmark lowered shares of Shift4 Payments from a “buy” rating to a “hold” rating in a research note on Thursday, December 5th. BTIG Research increased their price target on Shift4 Payments from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. The Goldman Sachs Group boosted their price objective on Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Morgan Stanley boosted their price objective on Shift4 Payments from $90.00 to $109.00 and gave the company an “equal weight” rating in a report on Wednesday, December 18th. Finally, Bank of America downgraded shares of Shift4 Payments from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $112.00 to $105.00 in a research report on Wednesday, December 4th. Six research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, Shift4 Payments has an average rating of “Moderate Buy” and a consensus price target of $106.90.

Insider Buying and Selling

In other Shift4 Payments 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 value 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 $21,991,309.12. The trade was a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider James J. Whalen sold 1,462 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $101.07, for a total value of $147,764.34. Following the transaction, the insider now directly owns 37,089 shares in the company, valued at $3,748,585.23. This trade represents a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,462 shares of company stock worth $1,211,364 in the last quarter. 30.57% of the stock is owned by insiders.

Shift4 Payments Price Performance

FOUR opened at $116.55 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71. The stock has a market capitalization of $10.50 billion, a P/E ratio of 63.34, a PEG ratio of 1.18 and a beta of 1.71. The stock has a 50-day moving average price of $106.69 and a 200-day moving average price of $90.97. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $119.28.

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.