Intrepid Capital Management Inc. Sells 206,932 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

Intrepid Capital Management Inc. trimmed its position in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 94.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,852 shares of the company's stock after selling 206,932 shares during the period. Intrepid Capital Management Inc.'s holdings in PagSeguro Digital were worth $74,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. grew its position in PagSeguro Digital by 16.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company's stock valued at $39,770,000 after buying an additional 874,777 shares during the period. State Street Corp grew its holdings in PagSeguro Digital by 50.8% in the 3rd quarter. State Street Corp now owns 5,908,054 shares of the company's stock valued at $50,868,000 after buying an additional 1,990,849 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new position in PagSeguro Digital during the third quarter worth about $38,151,000. Geode Capital Management LLC lifted its stake in PagSeguro Digital by 49.1% during the third quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company's stock worth $29,014,000 after purchasing an additional 1,113,103 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in PagSeguro Digital by 101.4% during the third quarter. JPMorgan Chase & Co. now owns 1,985,074 shares of the company's stock worth $17,091,000 after purchasing an additional 999,237 shares during the period. 45.88% of the stock is currently owned by hedge funds and other institutional investors.

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PagSeguro Digital Stock Down 7.8 %

NYSE PAGS traded down $0.67 during midday trading on Friday, hitting $7.84. The company had a trading volume of 6,593,808 shares, compared to its average volume of 4,655,746. The firm has a fifty day simple moving average of $7.76 and a two-hundred day simple moving average of $7.65. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 6.48, a P/E/G ratio of 0.51 and a beta of 1.85. PagSeguro Digital Ltd. has a fifty-two week low of $6.11 and a fifty-two week high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.05. The firm had revenue of $875.27 million for 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, equities analysts predict that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Bank of America reiterated a "neutral" rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. 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 report on Monday, December 16th. Finally, Citigroup reaffirmed a "neutral" rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $11.63.

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.