Dimensional Fund Advisors LP Increases Stock Holdings in Paysafe Limited (NYSE:PSFE)

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

Several other large investors also recently bought and sold shares of the stock. Gabelli Funds LLC grew its position in Paysafe by 64.1% during the 4th quarter. Gabelli Funds LLC now owns 266,713 shares of the company's stock worth $4,561,000 after purchasing an additional 104,213 shares during the last quarter. Barclays PLC grew its position in Paysafe by 14.9% during the 4th quarter. Barclays PLC now owns 48,451 shares of the company's stock worth $829,000 after purchasing an additional 6,284 shares during the last quarter. Optimize Financial Inc purchased a new stake in Paysafe during the 4th quarter worth approximately $258,000. Raymond James Financial Inc. purchased a new stake in Paysafe during the 4th quarter worth approximately $1,944,000. Finally, Renaissance Technologies LLC grew its position in Paysafe by 10.4% during the 4th quarter. Renaissance Technologies LLC now owns 280,889 shares of the company's stock worth $4,803,000 after purchasing an additional 26,400 shares during the last quarter. Hedge funds and other institutional investors own 54.39% of the company's stock.

Paysafe Stock Performance

Shares of PSFE traded up $0.10 during trading hours on Friday, hitting $15.48. The stock had a trading volume of 363,246 shares, compared to its average volume of 326,267. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a 50-day moving average price of $15.43 and a 200 day moving average price of $17.91. Paysafe Limited has a fifty-two week low of $13.01 and a fifty-two week high of $26.25. The firm has a market capitalization of $927.07 million, a price-to-earnings ratio of -40.74, a PEG ratio of 0.48 and a beta of 1.90.

Paysafe (NYSE:PSFE - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.17). Paysafe had a negative net margin of 1.38% and a positive return on equity of 12.92%. The firm had revenue of $420.07 million during the quarter, compared to analyst estimates of $437.40 million. As a group, research analysts anticipate that Paysafe Limited will post 1.87 EPS for the current year.

Analyst Upgrades and Downgrades

PSFE has been the topic of several recent research reports. Susquehanna dropped their price objective on shares of Paysafe from $17.00 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. Bank of America dropped their price objective on shares of Paysafe from $18.00 to $16.00 and set an "underperform" rating on the stock in a report on Monday, March 10th. Finally, UBS Group upped their price objective on shares of Paysafe from $17.00 to $17.50 and gave the company a "sell" rating in a report on Wednesday, February 12th.

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.