Bfsg LLC Makes New $78,000 Investment in Paysafe Limited (NYSE:PSFE)

Bfsg LLC purchased a new stake in Paysafe Limited (NYSE:PSFE) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,535 shares of the company’s stock, valued at approximately $78,000.

Several other large investors also recently made changes to their positions in the stock. Principal Financial Group Inc. grew its holdings in shares of Paysafe by 10.7% during the fourth quarter. Principal Financial Group Inc. now owns 37,727 shares of the company’s stock worth $645,000 after buying an additional 3,651 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Paysafe by 5.1% during the 4th quarter. Empowered Funds LLC now owns 250,604 shares of the company’s stock worth $4,285,000 after acquiring an additional 12,156 shares in the last quarter. Private Management Group Inc. bought a new position in shares of Paysafe during the 4th quarter worth approximately $8,489,000. Spire Wealth Management acquired a new stake in shares of Paysafe in the fourth quarter valued at approximately $26,000. Finally, SG Americas Securities LLC lifted its position in shares of Paysafe by 5.7% in the fourth quarter. SG Americas Securities LLC now owns 13,903 shares of the company’s stock worth $238,000 after purchasing an additional 754 shares in the last quarter. Institutional investors own 54.39% of the company’s stock.

Paysafe Stock Down 2.6 %

Paysafe stock opened at $20.42 on Thursday. Paysafe Limited has a fifty-two week low of $11.94 and a fifty-two week high of $26.25. The firm has a market capitalization of $1.24 billion, a PE ratio of -53.74, a P/E/G ratio of 0.48 and a beta of 1.89. The company’s 50-day moving average is $18.56 and its 200-day moving average is $20.23. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.14 and a quick ratio of 1.14.

Analyst Upgrades and Downgrades

PSFE has been the topic of several recent research reports. Royal Bank of Canada lowered their price target on shares of Paysafe from $25.00 to $21.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 14th. UBS Group upped their target price on Paysafe from $17.00 to $17.50 and gave the stock a “sell” rating in a report on Wednesday, February 12th. Finally, Susquehanna decreased their price target on Paysafe from $23.00 to $21.00 and set a “neutral” rating for the company in a research note on Thursday, November 14th.

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.