Wolf Hill Capital Management LP Sells 788,852 Shares of Shift4 Payments, Inc. $FOUR

Wolf Hill Capital Management LP reduced its position in shares of Shift4 Payments, Inc. (NYSE:FOUR) by 98.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,433 shares of the company’s stock after selling 788,852 shares during the period. Wolf Hill Capital Management LP’s holdings in Shift4 Payments were worth $808,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP raised its holdings in Shift4 Payments by 410.9% in the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 226 shares during the period. Advisors Asset Management Inc. boosted its holdings in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the period. Hantz Financial Services Inc. grew its position in shares of Shift4 Payments by 148.1% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock valued at $41,000 after purchasing an additional 314 shares during the last quarter. Vestcor Inc acquired a new stake in shares of Shift4 Payments in the third quarter valued at about $45,000. Finally, Johnson Financial Group Inc. increased its stake in shares of Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after purchasing an additional 477 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Shift4 Payments

In related news, major shareholder Jared Isaacman acquired 43,827 shares of the stock in a transaction dated Tuesday, March 10th. The shares were bought at an average cost of $45.75 per share, for a total transaction of $2,005,085.25. Following the purchase, the insider owned 1,410,727 shares in the company, valued at approximately $64,540,760.25. This trade represents a 3.21% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders purchased 385,757 shares of company stock valued at $17,666,153. Corporate insiders own 25.15% of the company’s stock.

Analyst Ratings Changes

FOUR has been the subject of several research analyst reports. Oppenheimer cut their price objective on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. The Goldman Sachs Group dropped their price target on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Susquehanna reduced their price objective on Shift4 Payments from $115.00 to $101.00 and set a “positive” rating for the company in a research report on Thursday, January 8th. Freedom Capital downgraded shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $73.00 target price on shares of Shift4 Payments in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Shift4 Payments presently has an average rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Price Performance

Shares of NYSE:FOUR traded down $0.07 during midday trading on Friday, reaching $43.84. 240,989 shares of the company’s stock were exchanged, compared to its average volume of 2,460,747. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66. The company’s 50 day simple moving average is $58.01 and its two-hundred day simple moving average is $69.09. Shift4 Payments, Inc. has a 12 month low of $43.32 and a 12 month high of $108.50. The firm has a market capitalization of $3.89 billion, a PE ratio of 41.68, a price-to-earnings-growth ratio of 0.36 and a beta of 1.65.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The business had revenue of $610.00 million for the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the firm posted $1.35 earnings per share. The firm’s revenue for the quarter was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities research analysts expect that Shift4 Payments, Inc. will post 3.7 earnings per share for the current fiscal 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.