Arbiter Partners Capital Management LLC Invests $1.10 Million in PagSeguro Digital Ltd. (NYSE:PAGS)

Arbiter Partners Capital Management LLC purchased a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 39,000 shares of the company's stock, valued at approximately $1,096,000. PagSeguro Digital comprises approximately 0.7% of Arbiter Partners Capital Management LLC's investment portfolio, making the stock its 12th largest holding.

Several other large investors have also modified their holdings of PAGS. The Manufacturers Life Insurance Company lifted its stake in PagSeguro Digital by 23.8% during the third quarter. The Manufacturers Life Insurance Company now owns 103,971 shares of the company's stock worth $895,000 after purchasing an additional 19,972 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of PagSeguro Digital during the third quarter worth $362,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of PagSeguro Digital in the 3rd quarter worth about $5,716,000. Centiva Capital LP grew its position in shares of PagSeguro Digital by 17.1% during the 3rd quarter. Centiva Capital LP now owns 42,042 shares of the company's stock valued at $362,000 after buying an additional 6,138 shares during the last quarter. Finally, State Street Corp raised its stake in PagSeguro Digital by 50.8% during the third quarter. State Street Corp now owns 5,908,054 shares of the company's stock worth $50,868,000 after acquiring an additional 1,990,849 shares during the period. Institutional investors own 45.88% of the company's stock.

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PagSeguro Digital Stock Performance

Shares of NYSE:PAGS traded up $0.37 on Friday, hitting $8.42. The company's stock had a trading volume of 3,945,548 shares, compared to its average volume of 4,693,726. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 6.96, a price-to-earnings-growth ratio of 0.51 and a beta of 1.85. PagSeguro Digital Ltd. has a 12 month low of $6.11 and a 12 month high of $14.82. The stock's 50-day moving average is $7.86 and its two-hundred day moving average is $7.60.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its earnings results on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.05. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The firm had revenue of $875.27 million during the quarter, compared to analyst estimates of $872.66 million. Equities analysts expect that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PAGS. Citigroup restated a "neutral" rating and issued a $7.00 target price (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. JPMorgan Chase & Co. lowered their price objective on PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $11.63.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.