Sanctuary Advisors LLC Boosts Stock Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Sanctuary Advisors LLC grew its holdings in PagSeguro Digital Ltd. (NYSE:PAGS) by 28.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,422 shares of the company’s stock after purchasing an additional 5,636 shares during the quarter. Sanctuary Advisors LLC’s holdings in PagSeguro Digital were worth $159,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Point72 Hong Kong Ltd lifted its stake in PagSeguro Digital by 34.6% in the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock worth $93,000 after acquiring an additional 2,767 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of PagSeguro Digital in the 3rd quarter valued at $98,000. Gulf International Bank UK Ltd purchased a new stake in shares of PagSeguro Digital during the 3rd quarter worth $111,000. DGS Capital Management LLC acquired a new position in shares of PagSeguro Digital during the 3rd quarter worth about $113,000. Finally, Creative Planning acquired a new position in shares of PagSeguro Digital during the 3rd quarter worth about $115,000. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Stock Performance

PagSeguro Digital stock opened at $7.53 on Thursday. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 6.22, a price-to-earnings-growth ratio of 0.51 and a beta of 1.95. PagSeguro Digital Ltd. has a fifty-two week low of $6.11 and a fifty-two week high of $14.82. The stock’s fifty day moving average is $7.12 and its two-hundred day moving average is $8.08.

PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Friday, February 21st. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.05. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The firm had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. As a group, sell-side analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on PAGS shares. KeyCorp raised shares of PagSeguro Digital to a “hold” rating in a research report on Friday, November 15th. Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. The Goldman Sachs Group lowered their target price on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Citigroup reiterated a “neutral” rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $12.90.

About PagSeguro Digital

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.