Robeco Institutional Asset Management B.V. Has $38 Million Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Robeco Institutional Asset Management B.V. decreased its position in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 21.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,980,740 shares of the company's stock after selling 1,372,347 shares during the period. Robeco Institutional Asset Management B.V. owned about 1.51% of PagSeguro Digital worth $38,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Signaturefd LLC boosted its position in shares of PagSeguro Digital by 1,306.5% during the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company's stock worth $29,000 after acquiring an additional 4,233 shares in the last quarter. State of Wyoming boosted its position in shares of PagSeguro Digital by 32.8% during the 4th quarter. State of Wyoming now owns 6,436 shares of the company's stock worth $40,000 after acquiring an additional 1,591 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of PagSeguro Digital by 166.9% during the 1st quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company's stock worth $51,000 after acquiring an additional 4,180 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of PagSeguro Digital during the 4th quarter worth approximately $66,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of PagSeguro Digital during the 4th quarter worth approximately $79,000. Institutional investors and hedge funds own 45.88% of the company's stock.

Analyst Upgrades and Downgrades

PAGS has been the topic of several analyst reports. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and increased their price target for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. Susquehanna reduced 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, May 14th. Finally, Barclays reduced 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, PagSeguro Digital currently has a consensus rating of "Moderate Buy" and a consensus target price of $11.63.

PagSeguro Digital Price Performance

Shares of NYSE:PAGS opened at $9.40 on Friday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 7.70, a PEG ratio of 0.66 and a beta of 1.58. The firm has a 50 day simple moving average of $9.22 and a 200 day simple moving average of $8.02. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. The business had revenue of $857.50 million during the quarter, compared to the consensus estimate of $914.45 million. PagSeguro Digital had a net margin of 11.15% and a return on equity of 15.43%. As a group, analysts expect that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

PagSeguro Digital Cuts Dividend

The firm also recently declared a -- dividend, which will be paid on Friday, August 15th. Stockholders of record on Wednesday, July 16th will be paid a dividend of $0.12 per share. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, July 16th. PagSeguro Digital's payout ratio is currently 11.48%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.