Aurora Investment Counsel grew its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 40.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 208,035 shares of the company's stock after purchasing an additional 59,388 shares during the quarter. Aurora Investment Counsel owned approximately 0.06% of PagSeguro Digital worth $1,302,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Point72 Hong Kong Ltd raised its holdings in shares of PagSeguro Digital by 34.6% in the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company's stock valued at $93,000 after acquiring an additional 2,767 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of PagSeguro Digital in the third quarter valued at about $98,000. Raymond James Financial Inc. bought a new stake in shares of PagSeguro Digital in the fourth quarter valued at about $79,000. DGS Capital Management LLC bought a new stake in shares of PagSeguro Digital in the third quarter valued at about $113,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of PagSeguro Digital in the third quarter valued at about $157,000. 45.88% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on PAGS shares. Citigroup restated a "neutral" rating and issued a $7.00 price objective (down from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Bank of America restated a "neutral" rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Susquehanna decreased their price objective on PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating for the company in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. reduced their target price on shares of PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating for the company in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, PagSeguro Digital has a consensus rating of "Moderate Buy" and a consensus price target of $12.90.
Check Out Our Latest Analysis on PagSeguro Digital
PagSeguro Digital Price Performance
PagSeguro Digital stock traded down $0.44 during trading hours on Tuesday, reaching $7.88. The stock had a trading volume of 3,885,160 shares, compared to its average volume of 4,476,948. PagSeguro Digital Ltd. has a 52 week low of $6.11 and a 52 week high of $14.82. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 6.51, a PEG ratio of 0.51 and a beta of 2.04. The business's 50 day moving average price is $7.34 and its 200-day moving average price is $7.79.
PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $872.66 million. On average, sell-side analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.
PagSeguro Digital Profile
(
Free Report)
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.
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