2 days Ago By ABMN Staff
Russell Investments Group Ltd. increased its holdings in shares of Sezzle Inc. ( NASDAQ:SEZL – Free Report ) by 1,733.
1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,447 shares of the company’s stock after buying an additional 11,768 shares during the period. Russell Investments Group Ltd.
owned about 0.22% of Sezzle worth $3,184,000 at the end of the most recent quarter. A number of other institutional investors have also recently added to or reduced their stakes in the business.
Plato Investment Management Ltd acquired a new position in shares of Sezzle during the fourth quarter worth $30,000. Meeder Asset Management Inc. bought a new position in Sezzle during the 4th quarter worth $31,000.
Modus Advisors LLC acquired a new position in Sezzle during the 4th quarter worth about $80,000. Principal Securities Inc. bought a new stake in shares of Sezzle in the 4th quarter valued at about $84,000.
Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Sezzle in the fourth quarter valued at about $128,000. 2.02% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In A number of research firms have recently commented on SEZL. B. Riley reaffirmed a “buy” rating and issued a $62.
83 price objective (up from $62.00) on shares of Sezzle in a research note on Wednesday, February 26th. Northland Securities upped their price target on shares of Sezzle from $50.
00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Sezzle Price Performance Sezzle stock opened at $42.
74 on Thursday. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 4.
55 and a beta of 8.73. Sezzle Inc.
has a 52-week low of $6.73 and a 52-week high of $79.59.
The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.
40. The stock’s 50 day moving average price is $41.73 and its two-hundred day moving average price is $44.
03. Sezzle ( NASDAQ:SEZL – Get Free Report ) last issued its earnings results on Tuesday, February 25th. The company reported $0.
73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.22.
Sezzle had a net margin of 25.29% and a return on equity of 101.18%.
The business had revenue of $271.13 billion for the quarter, compared to analyst estimates of $73.90 million.
On average, equities analysts predict that Sezzle Inc. will post 9.77 earnings per share for the current year.
Sezzle declared that its Board of Directors has initiated a stock repurchase program on Monday, March 10th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 4.
3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued. Sezzle Company Profile ( Free Report ) Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada.
The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks. See Also Want to see what other hedge funds are holding SEZL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sezzle Inc. ( NASDAQ:SEZL – Free Report ). Receive News & Ratings for Sezzle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sezzle and related companies with MarketBeat.
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