Xponance Inc. Increases Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Xponance Inc. lifted its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 37.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,105 shares of the company’s stock after purchasing an additional 4,695 shares during the period. Xponance Inc.’s holdings in PagSeguro Digital were worth $107,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Truvestments Capital LLC increased its position in PagSeguro Digital by 8.4% in the fourth quarter. Truvestments Capital LLC now owns 23,202 shares of the company’s stock worth $145,000 after buying an additional 1,792 shares during the last quarter. Point72 Hong Kong Ltd grew its stake in shares of PagSeguro Digital by 34.6% during the 3rd 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 period. Signaturefd LLC grew its stake in shares of PagSeguro Digital by 1,306.5% during the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock worth $29,000 after acquiring an additional 4,233 shares during the period. Sanctuary Advisors LLC increased its holdings in PagSeguro Digital by 28.5% in the 4th quarter. Sanctuary Advisors LLC now owns 25,422 shares of the company’s stock worth $159,000 after acquiring an additional 5,636 shares during the last quarter. Finally, Centiva Capital LP raised its stake in PagSeguro Digital by 17.1% in the 3rd quarter. Centiva Capital LP now owns 42,042 shares of the company’s stock valued at $362,000 after acquiring an additional 6,138 shares during the period. Institutional investors own 45.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. JPMorgan Chase & Co. lowered their target price on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Citigroup restated a “neutral” rating and set a $7.00 target price (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, four 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 “Hold” and an average price target of $11.63.

PagSeguro Digital Stock Performance

PagSeguro Digital stock opened at $7.92 on Friday. PagSeguro Digital Ltd. has a fifty-two week low of $6.11 and a fifty-two week high of $14.82. The stock has a market cap of $2.61 billion, a P/E ratio of 6.54, a PEG ratio of 0.51 and a beta of 2.04. The firm’s fifty day moving average price is $7.64 and its 200-day moving average price is $7.69.

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

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.