3,536 Shares in Repay Holdings Co. (NASDAQ:RPAY) Purchased by Quarry LP

by · The Cerbat Gem

Quarry LP purchased a new position in Repay Holdings Co. (NASDAQ:RPAY – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 3,536 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Johnson Financial Group Inc. bought a new position in shares of Repay during the fourth quarter worth $47,000. Two Sigma Securities LLC bought a new position in shares of Repay during the 4th quarter valued at about $252,000. Sompo Asset Management Co. Ltd. grew its position in shares of Repay by 12.2% during the fourth quarter. Sompo Asset Management Co. Ltd. now owns 78,740 shares of the company’s stock valued at $601,000 after purchasing an additional 8,550 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Repay by 15.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 34,600 shares of the company’s stock worth $264,000 after purchasing an additional 4,635 shares during the last quarter. Finally, Continental Advisors LLC purchased a new stake in shares of Repay in the fourth quarter worth about $698,000. 82.73% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on Repay from $9.00 to $8.00 and set a “market perform” rating on the stock in a research note on Monday, January 6th. Stephens reaffirmed an “overweight” rating and set a $11.00 price target on shares of Repay in a research note on Tuesday, March 4th. DA Davidson reissued a “buy” rating and issued a $14.00 price objective on shares of Repay in a research note on Thursday, February 27th. UBS Group decreased their target price on shares of Repay from $9.50 to $7.50 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. Finally, BMO Capital Markets reduced their price objective on Repay from $10.00 to $8.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $9.94.

Get Our Latest Stock Analysis on RPAY

Repay Trading Up 1.3 %

RPAY opened at $3.78 on Monday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70. The stock’s 50 day moving average price is $5.30 and its 200-day moving average price is $6.91. Repay Holdings Co. has a one year low of $3.71 and a one year high of $11.27. The stock has a market cap of $368.50 million, a price-to-earnings ratio of -4.34 and a beta of 1.61.

About Repay

(Free Report)

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.

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