Ruffer LLP acquired a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 678,261 shares of the company's stock, valued at approximately $4,246,000. Ruffer LLP owned 0.21% of PagSeguro Digital as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Truvestments Capital LLC lifted its stake in PagSeguro Digital by 9.9% during the third quarter. Truvestments Capital LLC now owns 21,410 shares of the company's stock worth $184,000 after purchasing an additional 1,923 shares in the last quarter. Point72 Hong Kong Ltd lifted its stake in PagSeguro Digital by 34.6% during the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company's stock worth $93,000 after acquiring an additional 2,767 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in PagSeguro Digital by 28.5% during the 4th quarter. Sanctuary Advisors LLC now owns 25,422 shares of the company's stock valued at $159,000 after acquiring an additional 5,636 shares during the period. Centiva Capital LP grew its position in PagSeguro Digital by 17.1% in the 3rd quarter. Centiva Capital LP now owns 42,042 shares of the company's stock valued at $362,000 after acquiring an additional 6,138 shares in the last quarter. Finally, Quantbot Technologies LP increased its stake in PagSeguro Digital by 2.3% during the third quarter. Quantbot Technologies LP now owns 283,435 shares of the company's stock worth $2,440,000 after purchasing an additional 6,365 shares during the period. Institutional investors and hedge funds own 45.88% of the company's stock.
PagSeguro Digital Price Performance
Shares of PagSeguro Digital stock traded up $0.12 during trading hours on Thursday, hitting $7.49. The company had a trading volume of 3,076,647 shares, compared to its average volume of 4,602,732. The company's 50-day moving average is $7.25 and its two-hundred day moving average is $7.88. PagSeguro Digital Ltd. has a twelve month low of $6.11 and a twelve month high of $14.82. The company has a market cap of $2.47 billion, a P/E ratio of 6.19, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04.
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 (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 analyst estimates of $872.66 million. Sell-side analysts expect that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages recently weighed in on PAGS. JPMorgan Chase & Co. dropped their price objective on shares of PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Susquehanna cut their price objective on PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating on the stock in a research report on Monday, November 18th. The Goldman Sachs Group decreased their target price on PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating for the company in a report on Friday, November 15th. KeyCorp upgraded PagSeguro Digital to a "hold" rating in a report on Friday, November 15th. Finally, Citigroup reiterated a "neutral" rating and issued a $7.00 price objective (down previously from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, five have given 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, PagSeguro Digital has an average rating of "Moderate Buy" and a consensus target price of $12.90.
Get Our Latest Analysis on PAGS
PagSeguro Digital Company Profile
(
Free Report)
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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