Catalyst Funds Management Pty Ltd Invests $440,000 in PagSeguro Digital Ltd. (NYSE:PAGS)

Catalyst Funds Management Pty Ltd bought a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 70,300 shares of the company's stock, valued at approximately $440,000.

Several other hedge funds have also recently modified their holdings of PAGS. Robeco Institutional Asset Management B.V. increased its stake in PagSeguro Digital by 16.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company's stock worth $39,770,000 after buying an additional 874,777 shares in the last quarter. State Street Corp boosted its stake in shares of PagSeguro Digital by 50.8% in 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 last quarter. SPX Gestao de Recursos Ltda purchased a new stake in shares of PagSeguro Digital during the third quarter worth approximately $38,151,000. Geode Capital Management LLC raised its stake in PagSeguro Digital by 49.1% in the 3rd quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company's stock valued at $29,014,000 after purchasing an additional 1,113,103 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in PagSeguro Digital by 101.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,985,074 shares of the company's stock valued at $17,091,000 after purchasing an additional 999,237 shares in the last quarter. Institutional investors and hedge funds own 45.88% of the company's stock.

PagSeguro Digital Trading Down 1.0 %

NYSE PAGS traded down $0.09 during trading hours on Thursday, reaching $8.44. The company had a trading volume of 3,601,173 shares, compared to its average volume of 4,563,588. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.82. The stock has a market capitalization of $2.78 billion, a P/E ratio of 6.97, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04. The stock has a 50-day moving average of $7.41 and a 200 day moving average of $7.78.

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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 for the quarter, topping analysts' consensus estimates of $0.29 by $0.05. The firm had revenue of $875.27 million during the quarter, compared to analysts' expectations of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. As a group, sell-side analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citigroup reaffirmed a "neutral" rating and set a $7.00 target price (down previously from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Bank of America reaffirmed a "neutral" rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. Finally, JPMorgan Chase & Co. decreased their target price on shares of PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, PagSeguro Digital presently has an average rating of "Moderate Buy" and an average price target of $12.33.

PagSeguro Digital 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.