Trexquant Investment LP Purchases 38,903 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

Trexquant Investment LP raised its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 680,715 shares of the company's stock after buying an additional 38,903 shares during the period. Trexquant Investment LP owned approximately 0.21% of PagSeguro Digital worth $4,261,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its holdings in shares of PagSeguro Digital by 23.8% in the third quarter. The Manufacturers Life Insurance Company now owns 103,971 shares of the company's stock valued at $895,000 after buying an additional 19,972 shares in the last quarter. BNP Paribas Financial Markets grew its stake in PagSeguro Digital by 310.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 303,961 shares of the company's stock valued at $2,617,000 after acquiring an additional 229,850 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of PagSeguro Digital in the third quarter worth approximately $362,000. Public Sector Pension Investment Board acquired a new stake in shares of PagSeguro Digital during the third quarter worth approximately $1,460,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in PagSeguro Digital during the third quarter valued at approximately $5,716,000. 45.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on PAGS shares. JPMorgan Chase & Co. lowered their price target on shares of PagSeguro Digital from $16.00 to $11.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Citigroup reaffirmed a "neutral" rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $11.63.

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PagSeguro Digital Stock Down 5.3 %

PagSeguro Digital stock traded down $0.45 during mid-day trading on Thursday, reaching $7.94. The company had a trading volume of 981,309 shares, compared to its average volume of 4,678,933. The company has a 50 day moving average of $7.83 and a 200-day moving average of $7.61. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 6.57, a PEG ratio of 0.51 and a beta of 1.85. 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 announced its quarterly earnings data on Friday, February 21st. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.05. The company had revenue of $875.27 million for 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%. On average, analysts predict that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Company 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.