Bfsg LLC Buys 10,570 Shares of Repay Holdings Corporation $RPAY

Bfsg LLC raised its stake in shares of Repay Holdings Corporation (NASDAQ:RPAY) by 45.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,980 shares of the company’s stock after acquiring an additional 10,570 shares during the period. Bfsg LLC’s holdings in Repay were worth $164,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Inspire Investing LLC purchased a new stake in shares of Repay during the 1st quarter valued at $346,000. Spire Wealth Management increased its position in shares of Repay by 52.5% during the 1st quarter. Spire Wealth Management now owns 7,610 shares of the company’s stock valued at $42,000 after purchasing an additional 2,620 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Repay by 9.0% during the 1st quarter. Principal Financial Group Inc. now owns 166,377 shares of the company’s stock valued at $927,000 after purchasing an additional 13,722 shares during the last quarter. ProShare Advisors LLC increased its position in shares of Repay by 42.8% during the 4th quarter. ProShare Advisors LLC now owns 24,424 shares of the company’s stock valued at $186,000 after purchasing an additional 7,323 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Repay by 3.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 134,927 shares of the company’s stock valued at $1,029,000 after purchasing an additional 4,980 shares during the last quarter. 82.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on RPAY shares. Keefe, Bruyette & Woods raised their target price on Repay from $5.00 to $5.75 and gave the company a “market perform” rating in a research report on Tuesday, August 12th. UBS Group raised their target price on Repay from $4.50 to $5.75 and gave the company a “neutral” rating in a research report on Wednesday, August 13th. DA Davidson decreased their price objective on Repay from $12.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday, August 13th. Morgan Stanley lifted their price objective on Repay from $4.50 to $5.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $12.00 price objective on shares of Repay in a report on Friday, August 22nd. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $7.22.

Insider Transactions at Repay

In other Repay news, EVP Jacob Hamilton Moore sold 26,385 shares of Repay stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $5.89, for a total transaction of $155,407.65. Following the completion of the sale, the executive vice president directly owned 193,532 shares in the company, valued at $1,139,903.48. The trade was a 12.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 12.00% of the stock is currently owned by insiders.

Repay Trading Down 6.0%

Shares of Repay stock opened at $5.33 on Wednesday. Repay Holdings Corporation has a 1 year low of $3.59 and a 1 year high of $9.75. The firm has a market cap of $486.84 million, a PE ratio of -4.23 and a beta of 1.62. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.85 and a quick ratio of 0.85. The company has a 50 day simple moving average of $5.47 and a two-hundred day simple moving average of $5.04.

Repay (NASDAQ:RPAY) last announced its earnings results on Monday, August 11th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Repay had a negative net margin of 35.79% and a positive return on equity of 8.89%. The business had revenue of $75.63 million during the quarter, compared to analyst estimates of $74.24 million. During the same period in the previous year, the business posted $0.22 earnings per share. Repay’s revenue for the quarter was up .9% on a year-over-year basis. Analysts expect that Repay Holdings Corporation will post 0.72 earnings per share for the current fiscal year.

Repay Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.