Marshall Wace LLP Boosts Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Marshall Wace LLP boosted its position in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 307.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,459,616 shares of the company's stock after acquiring an additional 3,364,926 shares during the quarter. Marshall Wace LLP owned 1.35% of PagSeguro Digital worth $27,917,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PAGS. Signaturefd LLC increased its stake in PagSeguro Digital by 1,306.5% in the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company's stock valued at $29,000 after acquiring an additional 4,233 shares during the last quarter. Advisory Services Network LLC bought a new position in PagSeguro Digital in the fourth quarter valued at $66,000. Raymond James Financial Inc. bought a new position in shares of PagSeguro Digital during the fourth quarter valued at about $79,000. Virtu Financial LLC bought a new position in shares of PagSeguro Digital during the third quarter valued at about $98,000. Finally, Xponance Inc. grew its stake in shares of PagSeguro Digital by 37.8% during the fourth quarter. Xponance Inc. now owns 17,105 shares of the company's stock valued at $107,000 after buying an additional 4,695 shares during the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Performance

PAGS stock traded up $0.23 on Thursday, reaching $9.47. The company's stock had a trading volume of 1,809,481 shares, compared to its average volume of 4,418,474. The firm has a market cap of $3.12 billion, a PE ratio of 7.83, a PEG ratio of 0.51 and a beta of 1.85. The business has a fifty day simple moving average of $8.02 and a two-hundred day simple moving average of $7.62. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced 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. The business had revenue of $875.27 million during the quarter, compared to analyst estimates 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 anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on PAGS shares. Citigroup raised PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their price objective for the company from $7.00 to $10.00 in a research note on Tuesday. Barclays reduced their price objective on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $11.88.

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.