Repay Holdings Co. (NASDAQ:RPAY) Stock Holdings Reduced by Amundi

Amundi lowered its position in Repay Holdings Co. (NASDAQ:RPAY) by 13.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,658 shares of the company’s stock after selling 2,052 shares during the quarter. Amundi’s holdings in Repay were worth $95,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Repay during the 4th quarter worth about $36,000. Blue Trust Inc. boosted its stake in shares of Repay by 57.9% during the 4th quarter. Blue Trust Inc. now owns 5,663 shares of the company’s stock worth $46,000 after acquiring an additional 2,077 shares in the last quarter. Olympiad Research LP bought a new stake in shares of Repay during the 4th quarter worth about $80,000. Point72 DIFC Ltd bought a new stake in shares of Repay during the 3rd quarter worth about $99,000. Finally, Bfsg LLC boosted its stake in shares of Repay by 29.9% during the 4th quarter. Bfsg LLC now owns 16,660 shares of the company’s stock worth $127,000 after acquiring an additional 3,830 shares in the last quarter. Institutional investors own 82.73% of the company’s stock.

Repay Trading Down 0.7 %

Repay stock opened at $5.74 on Friday. The business has a 50 day moving average price of $6.96 and a two-hundred day moving average price of $7.63. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.64. The stock has a market cap of $559.58 million, a price-to-earnings ratio of -6.60 and a beta of 1.54. Repay Holdings Co. has a 12 month low of $5.30 and a 12 month high of $11.27.

Analyst Ratings Changes

Several research firms have recently issued reports on RPAY. Canaccord Genuity Group decreased their price target on Repay from $13.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. BMO Capital Markets decreased their price target on Repay from $10.00 to $8.00 and set a “market perform” rating for the company in a research note on Tuesday, March 4th. Barclays cut their price objective on Repay from $11.00 to $9.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. UBS Group cut their price objective on Repay from $9.50 to $7.50 and set a “neutral” rating for the company in a research report on Tuesday, March 4th. Finally, DA Davidson reissued a “buy” rating and set a $14.00 price objective on shares of Repay in a research report on Thursday, February 27th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Repay presently has an average rating of “Moderate Buy” and an average target price of $10.31.

Repay Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.