Louisiana State Employees Retirement System Takes Position in Shift4 Payments, Inc. $FOUR

Louisiana State Employees Retirement System acquired a new position in Shift4 Payments, Inc. (NYSE:FOUR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,600 shares of the company’s stock, valued at approximately $857,000.

Several other hedge funds have also modified their holdings of the stock. CIBC Bancorp USA Inc. acquired a new position in Shift4 Payments during the 3rd quarter worth $77,303,000. Wasatch Advisors LP raised its position in shares of Shift4 Payments by 16.4% during the second quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after acquiring an additional 890,990 shares during the last quarter. Bank of Montreal Can boosted its holdings in Shift4 Payments by 3,048.9% in the fourth quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock valued at $54,938,000 after acquiring an additional 844,746 shares during the last quarter. Norges Bank acquired a new stake in Shift4 Payments in the fourth quarter worth about $51,635,000. Finally, Marshall Wace LLP increased its position in Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock worth $104,246,000 after purchasing an additional 816,155 shares during the period. 98.87% of the stock is owned by institutional investors.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman acquired 193,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of $40.66 per share, with a total value of $7,847,380.00. Following the purchase, the insider owned 1,787,455 shares of the company’s stock, valued at $72,677,920.30. This represents a 12.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.54% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FOUR shares. DA Davidson cut their target price on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Shift4 Payments in a research report on Thursday, June 11th. Evercore set a $45.00 price target on shares of Shift4 Payments in a research note on Monday, May 18th. Loop Capital assumed coverage on shares of Shift4 Payments in a report on Wednesday, June 24th. They issued a “hold” rating and a $40.00 price objective on the stock. Finally, Seaport Research Partners cut shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research note on Thursday, April 16th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Shift4 Payments currently has an average rating of “Hold” and an average target price of $68.29.

Shift4 Payments Stock Performance

Shares of NYSE:FOUR opened at $51.23 on Monday. The firm’s 50 day simple moving average is $42.83 and its 200 day simple moving average is $50.66. Shift4 Payments, Inc. has a fifty-two week low of $34.56 and a fifty-two week high of $108.50. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 60.99, a P/E/G ratio of 0.55 and a beta of 1.41. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The company’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same quarter last year, the business posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts forecast that Shift4 Payments, Inc. will post 4.77 earnings per share for the current year.

About Shift4 Payments

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.