Virtu Financial LLC Makes New Investment in Shift4 Payments, Inc. $FOUR

Virtu Financial LLC purchased a new stake in shares of Shift4 Payments, Inc. (NYSE:FOUR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 25,816 shares of the company’s stock, valued at approximately $1,626,000.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Shift4 Payments by 25.9% during the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock valued at $54,000 after purchasing an additional 177 shares during the period. Marex Group plc boosted its holdings in Shift4 Payments by 6.0% in the 4th quarter. Marex Group plc now owns 3,487 shares of the company’s stock worth $220,000 after buying an additional 196 shares during the period. Parallel Advisors LLC increased its stake in Shift4 Payments by 5.6% in the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock worth $313,000 after buying an additional 214 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares in the last quarter. Finally, Glenmede Investment Management LP raised its holdings in Shift4 Payments by 5.1% during the third quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock valued at $353,000 after acquiring an additional 222 shares during the period. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Stock Up 0.2%

FOUR opened at $39.50 on Friday. The company has a market capitalization of $3.13 billion, a PE ratio of 47.02, a price-to-earnings-growth ratio of 0.43 and a beta of 1.43. The firm has a 50-day simple moving average of $43.08 and a two-hundred day simple moving average of $52.38. 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, Inc. has a 52 week low of $34.56 and a 52 week high of $108.50.

Shift4 Payments (NYSE:FOUR) last issued its earnings results 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). The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Analysts forecast that Shift4 Payments, Inc. will post 4.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FOUR. Weiss Ratings restated a “sell (d+)” rating on shares of Shift4 Payments in a research report on Thursday, June 11th. Seaport Research Partners cut Shift4 Payments from a “buy” rating to a “neutral” rating in a research report on Thursday, April 16th. Benchmark decreased their target price on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. DA Davidson lowered their price target on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Finally, Truist Financial dropped their price target on Shift4 Payments from $50.00 to $46.00 and set a “hold” rating for the company in a research note on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Shift4 Payments presently has an average rating of “Hold” and a consensus price target of $70.19.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 193,000 shares of Shift4 Payments stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the acquisition, the insider owned 1,787,455 shares in the company, valued at $72,677,920.30. This represents a 12.10% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.54% of the stock is currently owned by company insiders.

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.