PagSeguro Digital Ltd. (NYSE:PAGS) Shares Acquired by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. increased its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 26.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 213,477 shares of the company's stock after purchasing an additional 45,131 shares during the period. Balyasny Asset Management L.P. owned approximately 0.06% of PagSeguro Digital worth $1,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Marshall Wace LLP increased its stake in shares of PagSeguro Digital by 307.4% during the fourth quarter. Marshall Wace LLP now owns 4,459,616 shares of the company's stock worth $27,917,000 after purchasing an additional 3,364,926 shares in the last quarter. Contrarius Group Holdings Ltd purchased a new stake in shares of PagSeguro Digital during the fourth quarter worth about $6,822,000. Robeco Institutional Asset Management B.V. increased its stake in shares of PagSeguro Digital by 16.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company's stock worth $39,770,000 after purchasing an additional 874,777 shares in the last quarter. Truffle Hound Capital LLC purchased a new stake in shares of PagSeguro Digital during the fourth quarter worth about $5,008,000. Finally, Ameriprise Financial Inc. increased its stake in shares of PagSeguro Digital by 3,375.8% during the fourth quarter. Ameriprise Financial Inc. now owns 698,645 shares of the company's stock worth $4,374,000 after purchasing an additional 678,545 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on PAGS shares. Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Barclays lowered 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 report on Wednesday, April 23rd. Finally, Susquehanna lowered their price target on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a research report on Wednesday. One analyst has rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $11.63.

PagSeguro Digital Price Performance

NYSE:PAGS remained flat at $8.95 during trading hours on Friday. 8,941,815 shares of the company were exchanged, compared to its average volume of 4,896,537. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 7.40, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70. The firm's fifty day moving average is $8.70 and its 200-day moving average is $7.78. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The company had revenue of $857.50 million during the quarter, compared to analysts' expectations of $914.45 million. Equities research analysts forecast that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Dividend Announcement

The firm also recently announced a -- dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be issued a dividend of $0.14 per share. The ex-dividend date is Friday, May 23rd.

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.