Kiker Wealth Management LLC Makes New $513,000 Investment in PagSeguro Digital Ltd. (NYSE:PAGS)

Kiker Wealth Management LLC acquired a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 82,004 shares of the company's stock, valued at approximately $513,000.

Other large investors have also modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in shares of PagSeguro Digital by 23.8% during the third quarter. Principal Financial Group Inc. now owns 403,938 shares of the company's stock valued at $3,478,000 after purchasing an additional 77,543 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of PagSeguro Digital in the third quarter worth about $1,013,000. Intech Investment Management LLC purchased a new position in shares of PagSeguro Digital in the third quarter worth approximately $741,000. Citigroup Inc. raised its holdings in shares of PagSeguro Digital by 587.0% during the third quarter. Citigroup Inc. now owns 1,052,166 shares of the company's stock valued at $9,059,000 after acquiring an additional 899,010 shares during the period. Finally, Penserra Capital Management LLC lifted its position in shares of PagSeguro Digital by 2.6% in the 3rd quarter. Penserra Capital Management LLC now owns 349,917 shares of the company's stock valued at $3,011,000 after acquiring an additional 9,020 shares in the last quarter. 45.88% of the stock is owned by institutional investors.

PagSeguro Digital Trading Up 0.7 %

PAGS stock traded up $0.06 during mid-day trading on Monday, hitting $8.32. The stock had a trading volume of 3,113,264 shares, compared to its average volume of 4,480,792. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of 6.87, a PEG ratio of 0.51 and a beta of 2.04. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.82. The company has a fifty day moving average of $7.53 and a 200 day moving average of $7.71.

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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, beating the consensus estimate of $0.29 by $0.05. The firm had revenue of $875.27 million for the quarter, compared to analyst estimates 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 expect that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PAGS. JPMorgan Chase & Co. lowered their price objective 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. Citigroup reissued a "neutral" rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. Finally, Bank of America restated a "neutral" rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. One 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently 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.