Nomura Asset Management Co. Ltd. Sells 108,344 Shares of Shift4 Payments, Inc. $FOUR

Nomura Asset Management Co. Ltd. reduced its holdings in Shift4 Payments, Inc. (NYSE:FOUR) by 10.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 902,016 shares of the company’s stock after selling 108,344 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Shift4 Payments were worth $56,800,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in FOUR. Advisors Asset Management Inc. increased its holdings in Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after purchasing an additional 217 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Shift4 Payments by 148.1% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after purchasing an additional 314 shares in the last quarter. Vestcor Inc bought a new stake in Shift4 Payments in the third quarter worth approximately $45,000. Johnson Financial Group Inc. increased its holdings in 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 in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Shift4 Payments by 25.9% in the fourth quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock worth $54,000 after purchasing an additional 177 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FOUR has been the subject of a number of research analyst reports. Zacks Research downgraded Shift4 Payments from a “hold” rating to a “strong sell” rating in a report on Friday, May 1st. Evercore set a $45.00 price objective on Shift4 Payments in a report on Monday, May 18th. Raymond James Financial downgraded Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective for the company. in a report on Thursday, March 26th. Truist Financial decreased their price objective on Shift4 Payments from $50.00 to $46.00 and set a “hold” rating for the company in a report on Wednesday. Finally, BTIG Research restated a “buy” rating and set a $70.00 price objective on shares of Shift4 Payments in a report on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $70.19.

Shift4 Payments Trading Down 0.1%

NYSE FOUR opened at $44.53 on Monday. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 53.01, a P/E/G ratio of 0.48 and a beta of 1.43. Shift4 Payments, Inc. has a 52 week low of $39.61 and a 52 week high of $108.50. The business has a 50 day moving average price of $44.35 and a 200-day moving average price of $55.40. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The company’s revenue was up 49.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, equities analysts expect that Shift4 Payments, Inc. will post 4.75 earnings per share for the current fiscal year.

Insider Activity

In related news, major shareholder Jared Isaacman bought 195,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $41.41 per share, with a total value of $8,095,655.00. Following the completion of the transaction, the insider directly owned 1,594,455 shares in the company, valued at approximately $66,026,381.55. This represents a 13.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders purchased a total of 432,327 shares of company stock worth $17,948,120 over the last 90 days. 25.15% of the stock is owned by insiders.

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.