Barclays PLC Grows Stock Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Barclays PLC grew its position in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 87.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 507,863 shares of the company's stock after buying an additional 237,648 shares during the quarter. Barclays PLC owned 0.15% of PagSeguro Digital worth $3,179,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of PagSeguro Digital during the fourth quarter worth approximately $79,000. Arbiter Partners Capital Management LLC purchased a new stake in shares of PagSeguro Digital in the 4th quarter valued at approximately $1,096,000. Advisory Services Network LLC acquired a new stake in shares of PagSeguro Digital in the 4th quarter valued at $66,000. Cerity Partners LLC purchased a new stake in shares of PagSeguro Digital during the 4th quarter worth $254,000. Finally, Aristides Capital LLC acquired a new position in shares of PagSeguro Digital during the fourth quarter worth $191,000. Hedge funds and other institutional investors own 45.88% of the company's stock.

Analyst Upgrades and Downgrades

PAGS has been the subject of several analyst reports. Barclays lowered their price objective on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and increased their price target for the company from $7.00 to $10.00 in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $11.88.

PagSeguro Digital Stock Performance

NYSE PAGS opened at $10.04 on Wednesday. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82. The firm has a market cap of $3.31 billion, a PE ratio of 8.30, a P/E/G ratio of 0.51 and a beta of 1.85. The firm's fifty day moving average is $8.15 and its two-hundred day moving average is $7.66.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05. The firm had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. Research analysts predict that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

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.

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