DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $445,000 Position in Paysafe Limited (NYSE:PSFE)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lowered its position in Paysafe Limited (NYSE:PSFE - Free Report) by 41.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,011 shares of the company's stock after selling 18,457 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Paysafe were worth $445,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. CastleKnight Management LP raised its holdings in Paysafe by 11.0% during the fourth quarter. CastleKnight Management LP now owns 333,641 shares of the company's stock worth $5,705,000 after purchasing an additional 33,100 shares in the last quarter. Bridgeway Capital Management LLC grew its position in Paysafe by 2.7% during the 4th quarter. Bridgeway Capital Management LLC now owns 469,504 shares of the company's stock worth $8,029,000 after purchasing an additional 12,156 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in shares of Paysafe during the 4th quarter valued at $720,000. Northern Trust Corp grew its holdings in shares of Paysafe by 6.7% during the 4th quarter. Northern Trust Corp now owns 215,839 shares of the company's stock valued at $3,691,000 after acquiring an additional 13,626 shares in the last quarter. Finally, Topline Capital Management LLC purchased a new position in shares of Paysafe during the 4th quarter valued at $34,481,000. Institutional investors and hedge funds own 54.39% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. UBS Group lifted their price objective on shares of Paysafe from $17.00 to $17.50 and gave the company a "sell" rating in a research note on Wednesday, February 12th. Bank of America raised shares of Paysafe from an "underperform" rating to a "neutral" rating and set a $14.30 price objective for the company in a research note on Friday. Finally, Susquehanna reduced their price objective on shares of Paysafe from $17.00 to $15.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd.

Paysafe Stock Performance

Paysafe stock traded up $0.25 on Friday, reaching $12.74. 556,393 shares of the stock were exchanged, compared to its average volume of 323,530. The stock has a market cap of $762.97 million, a PE ratio of -33.53, a PEG ratio of 0.48 and a beta of 1.90. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.76. Paysafe Limited has a twelve month low of $12.38 and a twelve month high of $26.25. The firm has a fifty day moving average price of $15.26 and a two-hundred day moving average price of $17.65.

Paysafe (NYSE:PSFE - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by ($0.32). The firm had revenue of $401.00 million for the quarter, compared to analyst estimates of $404.45 million. Paysafe had a positive return on equity of 12.92% and a negative net margin of 1.38%. Sell-side analysts anticipate that Paysafe Limited will post 1.87 EPS for the current year.

Paysafe Profile

Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.