MIdWestOne Financial Group Inc. Grows Stock Position in Shift4 Payments, Inc. $FOUR

MIdWestOne Financial Group Inc. increased its holdings in shares of Shift4 Payments, Inc. (NYSE:FOURFree Report) by 576.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,818 shares of the company’s stock after acquiring an additional 18,595 shares during the period. MIdWestOne Financial Group Inc.’s holdings in Shift4 Payments were worth $1,374,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. CIBC Bancorp USA Inc. acquired a new stake in shares of Shift4 Payments during the 3rd quarter valued at about $77,303,000. University of Illinois Foundation acquired a new stake in shares of Shift4 Payments during the 3rd quarter valued at about $8,967,000. KTF Investments LLC acquired a new stake in shares of Shift4 Payments during the 4th quarter valued at about $4,248,000. Maxi Investments CY Ltd grew its position in shares of Shift4 Payments by 368.3% during the 3rd quarter. Maxi Investments CY Ltd now owns 77,585 shares of the company’s stock valued at $6,005,000 after acquiring an additional 61,017 shares during the period. Finally, Kennedy Capital Management LLC grew its position in shares of Shift4 Payments by 43.8% during the 3rd quarter. Kennedy Capital Management LLC now owns 193,366 shares of the company’s stock valued at $14,967,000 after acquiring an additional 58,920 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on FOUR shares. Freedom Capital cut Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Raymond James Financial cut Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price on the stock. in a research report on Thursday, March 26th. BTIG Research restated a “buy” rating and set a $70.00 target price on shares of Shift4 Payments in a research report on Thursday, May 7th. Royal Bank Of Canada lowered their price objective on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Finally, Seaport Research Partners cut Shift4 Payments from a “buy” rating to a “neutral” rating in a report on Thursday, April 16th. Ten equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Shift4 Payments currently has an average rating of “Hold” and an average target price of $70.19.

View Our Latest Stock Report on Shift4 Payments

Insider Buying and Selling at Shift4 Payments

In related news, major shareholder Jared Isaacman bought 195,500 shares of the stock in a transaction dated Monday, May 11th. The shares were acquired at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the acquisition, the insider directly owned 1,594,455 shares in the company, valued at approximately $66,026,381.55. This trade represents a 13.97% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 25.15% of the stock is currently owned by corporate insiders.

Shift4 Payments Trading Up 11.1%

FOUR stock opened at $39.57 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. Shift4 Payments, Inc. has a 12-month low of $34.56 and a 12-month high of $108.50. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 47.10, a PEG ratio of 0.39 and a beta of 1.43. The business’s 50-day moving average is $43.32 and its 200 day moving average is $53.55.

Shift4 Payments (NYSE:FOURGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the firm posted $1.07 earnings per share. The company’s quarterly revenue was up 49.0% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, sell-side analysts anticipate that Shift4 Payments, Inc. will post 4.75 EPS for the current fiscal year.

About Shift4 Payments

(Free Report)

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.

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Institutional Ownership by Quarter for Shift4 Payments (NYSE:FOUR)

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