PagSeguro Digital Ltd. (NYSE:PAGS) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 55.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 472,866 shares of the company's stock after purchasing an additional 168,905 shares during the quarter. BNP Paribas Financial Markets owned 0.14% of PagSeguro Digital worth $2,960,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Signaturefd LLC lifted its holdings in PagSeguro Digital by 1,306.5% in the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company's stock valued at $29,000 after acquiring an additional 4,233 shares during the period. Advisory Services Network LLC purchased a new position in shares of PagSeguro Digital in the fourth quarter valued at $66,000. Raymond James Financial Inc. purchased a new position in shares of PagSeguro Digital in the fourth quarter valued at $79,000. Virtu Financial LLC increased its position in shares of PagSeguro Digital by 37.4% in the fourth quarter. Virtu Financial LLC now owns 15,672 shares of the company's stock valued at $98,000 after buying an additional 4,268 shares in the last quarter. Finally, Xponance Inc. increased its position in shares of PagSeguro Digital by 37.8% in the fourth quarter. Xponance Inc. now owns 17,105 shares of the company's stock valued at $107,000 after buying an additional 4,695 shares in the last quarter. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Trading Down 7.8%

PagSeguro Digital stock opened at $8.97 on Friday. The stock has a market cap of $2.96 billion, a PE ratio of 7.41, a P/E/G ratio of 0.51 and a beta of 1.70. The stock has a 50-day moving average price of $8.67 and a 200 day moving average price of $7.78. PagSeguro Digital Ltd. has a 52 week low of $6.11 and a 52 week high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. The company had revenue of $857.50 million during the quarter, compared to analysts' expectations of $914.45 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. On average, equities analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

PagSeguro Digital Announces Dividend

The firm also recently declared a -- dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, May 23rd.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Susquehanna dropped their price target on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research report on Wednesday. Barclays dropped their price target 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. Finally, Citigroup upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their price target for the company from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $11.63.

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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