Jump Financial LLC Has $4.69 Million Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Jump Financial LLC raised its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 598.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 749,044 shares of the company's stock after purchasing an additional 641,808 shares during the quarter. Jump Financial LLC owned 0.23% of PagSeguro Digital worth $4,689,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Signaturefd LLC lifted its position in shares of PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company's stock worth $29,000 after acquiring an additional 4,233 shares during the period. Advisory Services Network LLC acquired a new stake in PagSeguro Digital during the fourth quarter worth $66,000. Virtu Financial LLC bought a new stake in PagSeguro Digital in the 3rd quarter valued at $98,000. Raymond James Financial Inc. acquired a new position in shares of PagSeguro Digital in the 4th quarter valued at $79,000. Finally, DGS Capital Management LLC bought a new position in shares of PagSeguro Digital during the 3rd quarter worth about $113,000. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Trading Up 1.6 %

NYSE PAGS traded up $0.13 during trading hours on Friday, reaching $8.54. 2,250,715 shares of the company's stock were exchanged, compared to its average volume of 4,646,993. The firm has a fifty day moving average of $7.94 and a 200-day moving average of $7.60. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82. The stock has a market cap of $2.82 billion, a PE ratio of 7.06, a price-to-earnings-growth ratio of 0.51 and a beta of 1.85.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its earnings results on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The company had revenue of $875.27 million for the quarter, compared to analysts' expectations of $872.66 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. As a group, research analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a "neutral" rating and issued a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $11.63.

About PagSeguro Digital

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.