University of Illinois Foundation Takes $8.97 Million Position in Shift4 Payments, Inc. $FOUR

University of Illinois Foundation acquired a new position in Shift4 Payments, Inc. (NYSE:FOUR) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 115,848 shares of the company’s stock, valued at approximately $8,967,000. Shift4 Payments accounts for 3.2% of University of Illinois Foundation’s holdings, making the stock its 6th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Durable Capital Partners LP raised its position in shares of Shift4 Payments by 12.6% during the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after buying an additional 745,650 shares in the last quarter. Wasatch Advisors LP raised its holdings in 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 purchasing an additional 890,990 shares in the last quarter. Darlington Partners Capital Management LP raised its holdings in Shift4 Payments by 4.2% during the second quarter. Darlington Partners Capital Management LP now owns 4,966,405 shares of the company’s stock worth $492,220,000 after purchasing an additional 200,000 shares in the last quarter. Jennison Associates LLC lifted its position in Shift4 Payments by 25.6% in the third quarter. Jennison Associates LLC now owns 2,056,056 shares of the company’s stock worth $159,139,000 after purchasing an additional 419,132 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Shift4 Payments by 16.6% during the 2nd quarter. Alliancebernstein L.P. now owns 1,505,933 shares of the company’s stock valued at $149,253,000 after purchasing an additional 214,627 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. UBS Group cut their price objective on Shift4 Payments from $115.00 to $100.00 and set a “buy” rating for the company in a report on Friday, November 7th. The Goldman Sachs Group cut their price target on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a report on Monday. DA Davidson lowered their price objective on shares of Shift4 Payments from $104.00 to $82.00 and set a “buy” rating on the stock in a research note on Monday. Oppenheimer dropped their target price on shares of Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Finally, BTIG Research reduced their target price on shares of Shift4 Payments from $80.00 to $70.00 and set a “buy” rating for the company in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $79.89.

Insider Activity

In other Shift4 Payments news, CEO David Taylor Lauber sold 12,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total transaction of $828,000.00. Following the transaction, the chief executive officer owned 273,588 shares in the company, valued at $18,877,572. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Nancy Disman sold 5,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $69.50, for a total transaction of $347,500.00. Following the completion of the transaction, the director owned 130,420 shares in the company, valued at $9,064,190. The trade was a 3.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have acquired 341,930 shares of company stock worth $15,661,068. 25.15% of the stock is owned by corporate insiders.

Shift4 Payments Stock Performance

Shares of Shift4 Payments stock opened at $48.99 on Friday. Shift4 Payments, Inc. has a 12 month low of $43.32 and a 12 month high of $108.50. The company has a quick ratio of 1.38, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. The stock has a market cap of $4.34 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 0.37 and a beta of 1.65. The business has a fifty day simple moving average of $59.77 and a 200-day simple moving average of $70.60.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the business earned $1.35 EPS. The company’s revenue for the quarter was up 50.6% compared to the same quarter last year. 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 3.7 EPS for the current fiscal 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.