LRT Capital Management LLC Sells 90,706 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

LRT Capital Management LLC lessened its holdings in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 46.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 103,346 shares of the company's stock after selling 90,706 shares during the period. LRT Capital Management LLC's holdings in PagSeguro Digital were worth $1,289,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PAGS. BlackRock Inc. grew its stake in shares of PagSeguro Digital by 672.4% in the second quarter. BlackRock Inc. now owns 28,839,358 shares of the company's stock valued at $272,244,000 after buying an additional 25,105,756 shares in the last quarter. Capital World Investors boosted its stake in shares of PagSeguro Digital by 15.1% in the first quarter. Capital World Investors now owns 20,291,708 shares of the company's stock valued at $406,848,000 after purchasing an additional 2,666,516 shares during the period. Sylebra Capital Ltd boosted its stake in shares of PagSeguro Digital by 3.5% in the first quarter. Sylebra Capital Ltd now owns 13,295,793 shares of the company's stock valued at $113,945,000 after purchasing an additional 443,953 shares during the period. Sylebra Capital LLC purchased a new position in shares of PagSeguro Digital in the third quarter valued at $80,028,000. Finally, Norges Bank purchased a new position in shares of PagSeguro Digital in the fourth quarter valued at $70,207,000. Hedge funds and other institutional investors own 45.88% of the company's stock.

PagSeguro Digital Trading Down 0.6 %

PagSeguro Digital stock traded down $0.07 during mid-day trading on Friday, reaching $11.48. The company's stock had a trading volume of 9,214,231 shares, compared to its average volume of 3,085,657. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 0.61 and a beta of 1.78. The business has a 50 day moving average price of $13.35 and a 200-day moving average price of $11.46. PagSeguro Digital Ltd. has a twelve month low of $6.93 and a twelve month high of $14.98.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. PagSeguro Digital had a net margin of 10.37% and a return on equity of 13.94%. The firm had revenue of $877.60 million during the quarter, compared to the consensus estimate of $786.91 million. On average, equities analysts expect that PagSeguro Digital Ltd. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on PAGS shares. The Goldman Sachs Group upgraded PagSeguro Digital from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $7.40 to $13.80 in a research note on Monday, January 22nd. Evercore ISI upgraded PagSeguro Digital from an "in-line" rating to an "outperform" rating and boosted their price target for the stock from $12.00 to $18.00 in a research note on Tuesday, March 26th. New Street Research raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and upped their price target for the company from $15.00 to $18.00 in a report on Monday, March 18th. Cantor Fitzgerald upped their price target on shares of PagSeguro Digital from $14.00 to $16.00 and gave the company an "overweight" rating in a report on Monday, March 4th. Finally, Barclays upped their price target on shares of PagSeguro Digital from $15.00 to $17.00 and gave the company an "overweight" rating in a report on Monday, March 4th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, PagSeguro Digital currently has a consensus rating of "Moderate Buy" and an average target price of $15.09.

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.