14B Captial Management LP Raises Stock Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

14B Captial Management LP grew its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 32.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,675,000 shares of the company's stock after purchasing an additional 415,000 shares during the period. PagSeguro Digital makes up 4.6% of 14B Captial Management LP's investment portfolio, making the stock its 8th largest holding. 14B Captial Management LP owned approximately 0.51% of PagSeguro Digital worth $10,486,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Schonfeld Strategic Advisors LLC bought a new stake in shares of PagSeguro Digital during the 4th quarter valued at $1,164,000. AQR Capital Management LLC boosted its stake in PagSeguro Digital by 106.5% during the fourth quarter. AQR Capital Management LLC now owns 735,225 shares of the company's stock worth $4,603,000 after acquiring an additional 379,181 shares in the last quarter. Northern Trust Corp grew its holdings in PagSeguro Digital by 20.6% in the fourth quarter. Northern Trust Corp now owns 1,747,094 shares of the company's stock worth $10,937,000 after purchasing an additional 298,377 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of PagSeguro Digital by 6.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 72,915 shares of the company's stock valued at $457,000 after purchasing an additional 4,662 shares during the last quarter. Finally, Long Focus Capital Management LLC boosted its position in shares of PagSeguro Digital by 3.6% in the 4th quarter. Long Focus Capital Management LLC now owns 955,000 shares of the company's stock worth $5,978,000 after purchasing an additional 33,000 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PAGS shares. Citigroup raised PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their price objective for the company from $7.00 to $10.00 in a research report on Tuesday, April 22nd. Barclays dropped their price target on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. One research analyst has rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $11.88.

PagSeguro Digital Stock Down 1.0 %

NYSE:PAGS traded down $0.10 on Friday, hitting $9.65. The stock had a trading volume of 4,777,124 shares, compared to its average volume of 4,711,165. The business's 50-day simple moving average is $8.27 and its two-hundred day simple moving average is $7.69. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 7.98, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70. 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 earnings results on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.05. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The company had revenue of $875.27 million during the quarter, compared to analyst estimates of $872.66 million. As a group, equities research analysts anticipate that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

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.