Paysafe Limited $PSFE Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in Paysafe Limited (NYSE:PSFE) by 115.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 167,496 shares of the company’s stock after purchasing an additional 89,685 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.28% of Paysafe worth $2,628,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of PSFE. Barclays PLC lifted its stake in shares of Paysafe by 14.9% in the 4th quarter. Barclays PLC now owns 48,451 shares of the company’s stock valued at $829,000 after purchasing an additional 6,284 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Paysafe by 4.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,851,402 shares of the company’s stock valued at $31,659,000 after buying an additional 75,677 shares during the period. MetLife Investment Management LLC raised its holdings in shares of Paysafe by 11.0% in the 4th quarter. MetLife Investment Management LLC now owns 20,078 shares of the company’s stock valued at $343,000 after buying an additional 1,990 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Paysafe by 16.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,207 shares of the company’s stock valued at $209,000 after buying an additional 1,709 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Paysafe by 6.7% in the 4th quarter. Northern Trust Corp now owns 215,839 shares of the company’s stock valued at $3,691,000 after buying an additional 13,626 shares during the period. Institutional investors and hedge funds own 54.39% of the company’s stock.

Paysafe Price Performance

Shares of NYSE PSFE opened at $14.10 on Friday. The stock’s 50-day moving average is $13.15 and its two-hundred day moving average is $14.43. The company has a debt-to-equity ratio of 3.15, a current ratio of 1.20 and a quick ratio of 1.20. Paysafe Limited has a 1-year low of $10.63 and a 1-year high of $26.25. The company has a market cap of $844.15 million, a price-to-earnings ratio of -16.58 and a beta of 1.78.

Paysafe (NYSE:PSFE) last issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. Paysafe had a positive return on equity of 9.64% and a negative net margin of 2.93%.The company had revenue of $428.22 million for the quarter, compared to the consensus estimate of $424.11 million. During the same quarter in the prior year, the business earned $0.59 EPS. Paysafe’s revenue was down 2.7% on a year-over-year basis. Paysafe has set its FY 2025 guidance at 2.210-2.510 EPS. Analysts forecast that Paysafe Limited will post 1.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on PSFE shares. BTIG Research reiterated a “buy” rating on shares of Paysafe in a report on Tuesday, August 12th. Bank of America upgraded Paysafe from an “underperform” rating to a “neutral” rating and set a $14.30 price objective on the stock in a report on Friday, May 16th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.95.

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.