Polunin Capital Partners Ltd Has $26.34 Million Stock Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Polunin Capital Partners Ltd trimmed its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,920,754 shares of the company’s stock after selling 52,300 shares during the quarter. PagSeguro Digital comprises 6.7% of Polunin Capital Partners Ltd’s holdings, making the stock its 8th biggest position. Polunin Capital Partners Ltd owned about 1.19% of PagSeguro Digital worth $26,340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. SPX Gestao de Recursos Ltda bought a new stake in PagSeguro Digital in the third quarter worth about $38,151,000. State Street Corp raised its holdings in shares of PagSeguro Digital by 50.8% in the 3rd quarter. State Street Corp now owns 5,908,054 shares of the company’s stock worth $50,868,000 after purchasing an additional 1,990,849 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in PagSeguro Digital by 26.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 5,478,310 shares of the company’s stock valued at $47,168,000 after purchasing an additional 1,144,590 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of PagSeguro Digital by 49.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company’s stock worth $29,014,000 after acquiring an additional 1,113,103 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of PagSeguro Digital by 101.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,985,074 shares of the company’s stock valued at $17,091,000 after purchasing an additional 999,237 shares during the period. 45.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PAGS shares. Citigroup reaffirmed 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. Barclays lowered their price target on PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 15th. Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. The Goldman Sachs Group dropped their target price on PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Finally, Susquehanna decreased their price target on shares of PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, five 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $13.18.

PagSeguro Digital Price Performance

Shares of PAGS opened at $7.65 on Friday. The company has a market capitalization of $2.52 billion, a PE ratio of 6.32, a price-to-earnings-growth ratio of 0.46 and a beta of 1.95. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.98. The company’s fifty day moving average price is $6.82 and its 200 day moving average price is $8.78.

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.