Long Focus Capital Management LLC Purchases 33,000 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

Long Focus Capital Management LLC lifted its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 3.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 955,000 shares of the company's stock after acquiring an additional 33,000 shares during the period. Long Focus Capital Management LLC owned 0.29% of PagSeguro Digital worth $5,978,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PAGS. JPMorgan Chase & Co. raised its holdings in shares of PagSeguro Digital by 101.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,985,074 shares of the company's stock worth $17,091,000 after acquiring an additional 999,237 shares during the last quarter. Harbour Capital Advisors LLC purchased a new stake in shares of PagSeguro Digital in the fourth quarter worth approximately $482,000. SPX Gestao de Recursos Ltda bought a new position in shares of PagSeguro Digital in the third quarter valued at approximately $38,151,000. Geode Capital Management LLC grew its holdings in PagSeguro Digital by 49.1% during the third quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company's stock worth $29,014,000 after buying an additional 1,113,103 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in PagSeguro Digital by 16.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company's stock valued at $39,770,000 after buying an additional 874,777 shares during the last quarter. 45.88% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and upped their target price for the stock from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Barclays reduced their price objective on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. One equities research 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $11.88.

PagSeguro Digital Trading Down 0.8 %

Shares of PAGS stock traded down $0.08 on Monday, hitting $9.81. 1,202,956 shares of the stock were exchanged, compared to its average volume of 4,667,393. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82. The firm's 50 day moving average is $8.08 and its two-hundred day moving average is $7.63. The firm has a market capitalization of $3.23 billion, a PE ratio of 8.11, a P/E/G ratio of 0.51 and a beta of 1.85.

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

PagSeguro Digital Company 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.