PagSeguro Digital Ltd. (NYSE:PAGS) Shares Sold by Intellectus Partners LLC

Intellectus Partners LLC decreased its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 20.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,793 shares of the company’s stock after selling 18,400 shares during the quarter. Intellectus Partners LLC’s holdings in PagSeguro Digital were worth $456,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in PAGS. SPX Gestao de Recursos Ltda acquired a new position in shares of PagSeguro Digital in the 3rd quarter worth approximately $38,151,000. State Street Corp boosted its position in PagSeguro Digital by 50.8% during the 3rd quarter. State Street Corp now owns 5,908,054 shares of the company’s stock valued at $50,868,000 after purchasing an additional 1,990,849 shares during the period. Geode Capital Management LLC boosted its position in PagSeguro Digital by 49.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company’s stock valued at $29,014,000 after purchasing an additional 1,113,103 shares during the period. JPMorgan Chase & Co. boosted its position in PagSeguro Digital by 101.4% during 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. Finally, Citigroup Inc. boosted its position in PagSeguro Digital by 587.0% during the 3rd quarter. Citigroup Inc. now owns 1,052,166 shares of the company’s stock valued at $9,059,000 after purchasing an additional 899,010 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 opened at $7.53 on Friday. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.82. The business’s fifty day moving average price is $7.18 and its two-hundred day moving average price is $7.98. The company has a market capitalization of $2.48 billion, a P/E ratio of 6.22, a PEG ratio of 0.51 and a beta of 2.04.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $872.66 million. On average, research analysts expect that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PAGS has been the subject of a number of analyst reports. KeyCorp upgraded PagSeguro Digital to a “hold” rating in a research report on Friday, November 15th. The Goldman Sachs Group reduced their price objective on PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, November 15th. JPMorgan Chase & Co. reduced their price objective on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Susquehanna reduced their price objective on PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a research report on Monday, November 18th. Finally, Citigroup restated a “neutral” rating and set a $7.00 price objective (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.90.

PagSeguro Digital 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.