Dimensional Fund Advisors LP Has $31.66 Million Stock Position in Paysafe Limited (NYSE:PSFE)

Dimensional Fund Advisors LP raised its holdings in shares of Paysafe Limited (NYSE:PSFE - Free Report) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,851,402 shares of the company's stock after purchasing an additional 75,677 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.05% of Paysafe worth $31,659,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PSFE. Arrowstreet Capital Limited Partnership grew its stake in shares of Paysafe by 15.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 694,079 shares of the company's stock valued at $11,869,000 after acquiring an additional 91,592 shares in the last quarter. Private Management Group Inc. acquired a new position in shares of Paysafe during the 4th quarter worth approximately $8,489,000. Foundry Partners LLC increased its holdings in shares of Paysafe by 39.8% during the fourth quarter. Foundry Partners LLC now owns 339,696 shares of the company's stock worth $5,809,000 after purchasing an additional 96,708 shares during the period. Renaissance Technologies LLC raised its position in shares of Paysafe by 10.4% in the fourth quarter. Renaissance Technologies LLC now owns 280,889 shares of the company's stock valued at $4,803,000 after buying an additional 26,400 shares in the last quarter. Finally, Gabelli Funds LLC boosted its stake in shares of Paysafe by 64.1% in the fourth quarter. Gabelli Funds LLC now owns 266,713 shares of the company's stock valued at $4,561,000 after buying an additional 104,213 shares during the period. 54.39% of the stock is owned by institutional investors.

Paysafe Price Performance

NYSE PSFE traded up $0.10 during trading on Friday, hitting $15.48. 363,246 shares of the company's stock were exchanged, compared to its average volume of 325,895. The stock's 50 day moving average price is $15.43 and its two-hundred day moving average price is $18.01. Paysafe Limited has a fifty-two week low of $13.01 and a fifty-two week high of $26.25. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.76. The company has a market cap of $927.07 million, a PE ratio of -40.74, a P/E/G ratio of 0.48 and a beta of 1.90.

Paysafe (NYSE:PSFE - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.17). The company had revenue of $420.07 million during the quarter, compared to the consensus estimate of $437.40 million. Paysafe had a negative net margin of 1.38% and a positive return on equity of 12.92%. Research analysts expect that Paysafe Limited will post 1.87 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PSFE. Susquehanna cut their target price on Paysafe from $17.00 to $15.00 and set a "neutral" rating for the company in a research report on Tuesday, April 22nd. UBS Group increased their price objective on shares of Paysafe from $17.00 to $17.50 and gave the stock a "sell" rating in a research note on Wednesday, February 12th. Finally, Bank of America dropped their target price on shares of Paysafe from $18.00 to $16.00 and set an "underperform" rating for the company in a research report on Monday, March 10th.

About Paysafe

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.