PagSeguro Digital Ltd. (NYSE:PAGS) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 26.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,478,310 shares of the company's stock after acquiring an additional 1,144,590 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 1.66% of PagSeguro Digital worth $47,168,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of PAGS. GW Henssler & Associates Ltd. bought a new stake in shares of PagSeguro Digital during the third quarter valued at approximately $87,000. Bellecapital International Ltd. grew its stake in PagSeguro Digital by 11.4% during the 3rd quarter. Bellecapital International Ltd. now owns 232,819 shares of the company's stock valued at $2,005,000 after purchasing an additional 23,889 shares during the last quarter. New Century Financial Group LLC acquired a new position in PagSeguro Digital during the third quarter valued at $641,000. nVerses Capital LLC lifted its stake in shares of PagSeguro Digital by 47.9% in the 3rd quarter. nVerses Capital LLC now owns 24,700 shares of the company's stock valued at $213,000 after purchasing an additional 8,000 shares during the period. Finally, Creative Planning purchased a new stake in PagSeguro Digital during the third quarter worth $115,000. Hedge funds and other institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Down 0.5 %

PAGS stock traded down $0.04 during midday trading on Tuesday, hitting $8.20. The company's stock had a trading volume of 3,398,020 shares, compared to its average volume of 3,871,475. The firm has a market capitalization of $2.70 billion, a P/E ratio of 6.91, a PEG ratio of 0.41 and a beta of 1.95. The firm has a 50-day simple moving average of $8.95 and a 200-day simple moving average of $11.17. PagSeguro Digital Ltd. has a 52-week low of $7.29 and a 52-week high of $14.98.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 20th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The company had revenue of $874.38 million during the quarter, compared to analysts' expectations of $816.34 million. PagSeguro Digital had a net margin of 10.93% and a return on equity of 14.97%. During the same quarter in the previous year, the business posted $0.26 EPS. On average, sell-side analysts expect that PagSeguro Digital Ltd. will post 1.19 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PAGS shares. Cantor Fitzgerald raised shares of PagSeguro Digital to a "strong-buy" rating in a research note on Thursday, October 3rd. Morgan Stanley reissued an "underweight" rating and issued a $6.50 price objective (down from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th. UBS Group lowered their target price on shares of PagSeguro Digital from $16.50 to $15.50 and set a "buy" rating on the stock in a research note on Monday, July 8th. Itau BBA Securities lowered PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price objective on the stock. in a research note on Tuesday, October 1st. Finally, The Goldman Sachs Group dropped their price target on shares of PagSeguro Digital from $16.00 to $14.00 and set a "buy" rating for the company in a research note on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $14.40.

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.