Schonfeld Strategic Advisors LLC Makes New $1.16 Million Investment in PagSeguro Digital Ltd. (NYSE:PAGS)

Schonfeld Strategic Advisors LLC bought a new stake in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 186,003 shares of the company's stock, valued at approximately $1,164,000. Schonfeld Strategic Advisors LLC owned about 0.06% of PagSeguro Digital as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Signaturefd LLC raised its holdings in shares of 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 buying an additional 4,233 shares during the last quarter. Advisory Services Network LLC acquired a new position in PagSeguro Digital in the 4th quarter valued at about $66,000. Virtu Financial LLC purchased a new stake in PagSeguro Digital during the 3rd quarter valued at approximately $98,000. Raymond James Financial Inc. acquired a new stake in PagSeguro Digital during the 4th quarter worth approximately $79,000. Finally, Xponance Inc. grew its stake in shares of PagSeguro Digital by 37.8% in the 4th quarter. Xponance Inc. now owns 17,105 shares of the company's stock valued at $107,000 after purchasing an additional 4,695 shares during the last quarter. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Trading Down 1.6 %

PAGS stock opened at $9.55 on Thursday. The company's 50-day moving average price is $8.39 and its 200 day moving average price is $7.72. PagSeguro Digital Ltd. has a 52 week low of $6.11 and a 52 week high of $14.82. The company has a market cap of $3.15 billion, a P/E ratio of 7.89, a P/E/G ratio of 0.51 and a beta of 1.70.

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Barclays decreased their price target on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, PagSeguro Digital presently has a consensus rating of "Moderate Buy" and a consensus target price of $11.88.

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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