PagSeguro Digital Ltd. (NYSE:PAGS) Shares Sold by Xponance Inc.

Xponance Inc. reduced its stake in PagSeguro Digital Ltd. (NYSE:PAGS) by 9.6% during the 4th quarter, Holdings Channel reports. The fund owned 12,060 shares of the company’s stock after selling 1,285 shares during the quarter. Xponance Inc.’s holdings in PagSeguro Digital were worth $150,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Sylebra Capital LLC acquired a new stake in shares of PagSeguro Digital in the third quarter valued at $80,028,000. Polunin Capital Partners Ltd raised its stake in shares of PagSeguro Digital by 19.3% in the fourth quarter. Polunin Capital Partners Ltd now owns 3,640,969 shares of the company’s stock valued at $45,403,000 after acquiring an additional 589,600 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of PagSeguro Digital by 4.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,853,584 shares of the company’s stock valued at $15,959,000 after acquiring an additional 85,584 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of PagSeguro Digital by 15.7% in the third quarter. Lazard Asset Management LLC now owns 1,780,256 shares of the company’s stock valued at $15,328,000 after acquiring an additional 242,008 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of PagSeguro Digital by 8.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,110,575 shares of the company’s stock valued at $9,562,000 after acquiring an additional 87,612 shares in the last quarter. 45.88% of the stock is currently owned by institutional investors and hedge funds.

PagSeguro Digital Stock Performance

Shares of PAGS stock opened at $12.68 on Monday. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 0.68 and a beta of 1.78. PagSeguro Digital Ltd. has a 1 year low of $6.93 and a 1 year high of $14.98. The stock’s 50-day moving average is $13.23 and its two-hundred day moving average is $11.56.

PagSeguro Digital (NYSE:PAGS) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. The firm had revenue of $877.60 million during the quarter, compared to the consensus estimate of $786.91 million. PagSeguro Digital had a net margin of 10.37% and a return on equity of 13.94%. As a group, research analysts predict that PagSeguro Digital Ltd. will post 1.29 EPS for the current year.

Analyst Ratings Changes

PAGS has been the topic of several analyst reports. Citigroup increased their price objective on PagSeguro Digital from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, March 20th. Cantor Fitzgerald raised their price target on PagSeguro Digital from $14.00 to $16.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. The Goldman Sachs Group upgraded PagSeguro Digital from a “sell” rating to a “neutral” rating and raised their price target for the company from $7.40 to $13.80 in a research note on Monday, January 22nd. New Street Research upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and raised their price target for the company from $15.00 to $18.00 in a research note on Monday, March 18th. Finally, Barclays raised their price target on PagSeguro Digital from $15.00 to $17.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.09.

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.