2 weeks Ago By Defense World Staff
Sei Investments Co. lowered its stake in Payoneer Global Inc. (NASDAQ:PAYO – Free Report) by 8.
9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 250,393 shares of the company’s stock after selling 24,332 shares during the quarter. Sei Investments Co.
owned approximately 0.07% of Payoneer Global worth $2,514,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds have also added to or reduced their stakes in PAYO.
Smartleaf Asset Management LLC lifted its holdings in shares of Payoneer Global by 405.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,819 shares of the company’s stock worth $38,000 after buying an additional 3,064 shares in the last quarter.
Fifth Third Bancorp lifted its stake in Payoneer Global by 29.3% in the 4th quarter. Fifth Third Bancorp now owns 4,488 shares of the company’s stock worth $45,000 after purchasing an additional 1,016 shares in the last quarter.
Blue Trust Inc. boosted its holdings in Payoneer Global by 21.2% in the 4th quarter.
Blue Trust Inc. now owns 5,380 shares of the company’s stock valued at $54,000 after purchasing an additional 940 shares during the period. GAMMA Investing LLC grew its position in shares of Payoneer Global by 41.
7% during the 4th quarter. GAMMA Investing LLC now owns 8,241 shares of the company’s stock valued at $83,000 after purchasing an additional 2,425 shares in the last quarter. Finally, Rialto Wealth Management LLC bought a new position in shares of Payoneer Global in the fourth quarter worth $105,000.
Hedge funds and other institutional investors own 82.22% of the company’s stock. Payoneer Global Stock PerformanceShares of PAYO opened at $6.
21 on Friday. Payoneer Global Inc. has a fifty-two week low of $4.
69 and a fifty-two week high of $11.29. The firm has a market cap of $2.
23 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 2.88 and a beta of 0.
97. The firm has a 50 day moving average price of $8.88 and a 200-day moving average price of $9.
29. Payoneer Global (NASDAQ:PAYO – Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.
05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01).
Payoneer Global had a return on equity of 17.78% and a net margin of 13.82%.
The business had revenue of $261.74 million during the quarter, compared to the consensus estimate of $242.14 million.
During the same period in the prior year, the firm earned $0.05 earnings per share. As a group, equities research analysts predict that Payoneer Global Inc.
will post 0.34 earnings per share for the current year. Analyst Ratings ChangesSeveral research firms recently issued reports on PAYO.
Wolfe Research lowered Payoneer Global from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 8th. The Goldman Sachs Group lowered their price target on Payoneer Global from $11.00 to $9.
00 and set a “buy” rating on the stock in a report on Wednesday. Citigroup boosted their price objective on Payoneer Global from $14.50 to $16.
50 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Payoneer Global in a research note on Monday, February 3rd. They issued a “buy” rating and a $13.
00 target price on the stock. Finally, Northland Securities boosted their price target on shares of Payoneer Global from $13.00 to $14.
00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Payoneer Global has an average rating of “Moderate Buy” and an average target price of $12.
36.View Our Latest Stock Analysis on PAYOInsider Buying and SellingIn other Payoneer Global news, CFO Beatrice Ordonez sold 85,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $10.
40, for a total value of $884,000.00. Following the transaction, the chief financial officer now owns 2,305,245 shares in the company, valued at approximately $23,974,548.
The trade was a 3.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
5.57% of the stock is owned by corporate insiders. Payoneer Global Company Profile (Free Report)Payoneer Global Inc operates as a financial technology company.
It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.Featured StoriesFive stocks we like better than Payoneer Global10 Best Airline Stocks to BuyArcher Aviation’s Africa Deal Could Boost ACHR StockHow to Profit From Growth Investing Are Short Sellers Wrong About These 3 Semiconductor Stocks?3 Grocery Stocks That Are Proving They Are Still Essential Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?Want to see what other hedge funds are holding PAYO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Payoneer Global Inc. (NASDAQ:PAYO – Free Report)..
