Inceptionr LLC lifted its position in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 183.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,420 shares of the company's stock after purchasing an additional 47,541 shares during the period. Inceptionr LLC's holdings in PagSeguro Digital were worth $460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of PagSeguro Digital during the 4th quarter worth approximately $79,000. Point72 Hong Kong Ltd increased its holdings in PagSeguro Digital by 34.6% in the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company's stock worth $93,000 after acquiring an additional 2,767 shares in the last quarter. Virtu Financial LLC acquired a new position in PagSeguro Digital during the third quarter worth $98,000. Gulf International Bank UK Ltd purchased a new position in PagSeguro Digital during the third quarter valued at $111,000. Finally, DGS Capital Management LLC acquired a new stake in shares of PagSeguro Digital in the third quarter valued at about $113,000. 45.88% of the stock is currently owned by institutional investors and hedge funds.
PagSeguro Digital Trading Up 1.2 %
PAGS traded up $0.09 during mid-day trading on Wednesday, hitting $7.40. 2,300,357 shares of the stock were exchanged, compared to its average volume of 4,621,741. The firm's fifty day moving average is $7.23 and its two-hundred day moving average is $7.88. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.82. The company has a market cap of $2.44 billion, a PE ratio of 6.11, a PEG ratio of 0.51 and a beta of 2.04.
PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 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 business had revenue of $875.27 million during the quarter, compared to analyst estimates of $872.66 million. As a group, research analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.
Wall Street Analysts Forecast Growth
PAGS has been the topic of a number of research reports. Citigroup reaffirmed a "neutral" rating and issued a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. KeyCorp raised PagSeguro Digital to a "hold" rating in a research note on Friday, November 15th. JPMorgan Chase & Co. lowered 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. Bank of America reiterated a "neutral" rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. Finally, Susquehanna lowered their price target on shares of PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating on the stock in a research report on Monday, November 18th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $12.90.
Check Out Our Latest Stock Analysis on PagSeguro Digital
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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