PagSeguro Digital Ltd. (NYSE:PAGS) Shares Bought by Long Focus Capital Management LLC

Long Focus Capital Management LLC raised its holdings in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 955,000 shares of the company's stock after purchasing an additional 33,000 shares during the quarter. Long Focus Capital Management LLC owned 0.29% of PagSeguro Digital worth $5,978,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Barclays PLC boosted its stake in shares of PagSeguro Digital by 240.0% in the third quarter. Barclays PLC now owns 270,215 shares of the company's stock worth $2,327,000 after buying an additional 190,740 shares during the last quarter. Geode Capital Management LLC boosted its position in PagSeguro Digital by 49.1% in the 3rd 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. Virtu Financial LLC acquired a new stake in shares of PagSeguro Digital during the 3rd quarter worth approximately $98,000. Sanctuary Advisors LLC acquired a new stake in shares of PagSeguro Digital during the 3rd quarter worth approximately $157,000. Finally, Tidal Investments LLC purchased a new position in shares of PagSeguro Digital during the 3rd quarter valued at approximately $339,000. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Stock Up 10.3 %

Shares of NYSE PAGS opened at $9.34 on Wednesday. The firm has a market cap of $3.08 billion, a price-to-earnings ratio of 7.72, a price-to-earnings-growth ratio of 0.51 and a beta of 1.85. The company's 50-day simple moving average is $7.99 and its 200-day simple moving average is $7.61. PagSeguro Digital Ltd. has a 52-week low of $6.11 and a 52-week high of $14.82.

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

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $7.00 to $10.00 in a report on Tuesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $12.00.

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.

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