Sylebra Capital LLC Has $47.73 Million Stock Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Sylebra Capital LLC cut its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,623,952 shares of the company's stock after selling 311,547 shares during the quarter. PagSeguro Digital accounts for 1.8% of Sylebra Capital LLC's investment portfolio, making the stock its 14th largest position. Sylebra Capital LLC owned approximately 2.31% of PagSeguro Digital worth $47,726,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PAGS. Robeco Institutional Asset Management B.V. raised its holdings in 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. Principal Financial Group Inc. increased its position in PagSeguro Digital by 11.7% during the 4th quarter. Principal Financial Group Inc. now owns 451,110 shares of the company's stock worth $2,824,000 after purchasing an additional 47,172 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of PagSeguro Digital by 112.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 81,371 shares of the company's stock worth $509,000 after buying an additional 42,990 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of PagSeguro Digital by 3,375.8% in the 4th quarter. Ameriprise Financial Inc. now owns 698,645 shares of the company's stock valued at $4,374,000 after buying an additional 678,545 shares during the period. Finally, Barclays PLC lifted its holdings in shares of PagSeguro Digital by 240.0% in the 3rd quarter. Barclays PLC now owns 270,215 shares of the company's stock valued at $2,327,000 after buying an additional 190,740 shares during the period. 45.88% of the stock is owned by hedge funds and other institutional investors.

PagSeguro Digital Stock Performance

Shares of PAGS stock traded up $0.37 on Friday, reaching $8.95. 8,197,826 shares of the company's stock traded hands, compared to its average volume of 5,006,445. The business's 50 day moving average price is $8.84 and its two-hundred day moving average price is $7.82. The company has a market capitalization of $2.95 billion, a P/E ratio of 7.40, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70. 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 issued its earnings results on Wednesday, May 14th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. The company had revenue of $857.50 million for the quarter, compared to the consensus estimate of $914.45 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 Announces Dividend

The business also recently disclosed a -- dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, May 23rd. PagSeguro Digital's dividend payout ratio is 11.48%.

Wall Street Analyst Weigh In

Several research firms have weighed in on PAGS. Barclays lowered their target price on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd. Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and increased their price objective for the company from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Finally, Susquehanna cut their target price on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $11.63.

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.