Virtu Financial LLC Acquires 4,268 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

Virtu Financial LLC lifted its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 37.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,672 shares of the company’s stock after buying an additional 4,268 shares during the quarter. Virtu Financial LLC’s holdings in PagSeguro Digital were worth $98,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Signaturefd LLC grew 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 worth $29,000 after purchasing an additional 4,233 shares during the period. Raymond James Financial Inc. bought a new stake in shares of PagSeguro Digital during the fourth quarter worth about $79,000. Point72 Hong Kong Ltd increased its holdings in 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 purchasing an additional 2,767 shares in the last quarter. Xponance Inc. raised its stake in shares of PagSeguro Digital by 37.8% in the fourth quarter. Xponance Inc. now owns 17,105 shares of the company’s stock worth $107,000 after purchasing an additional 4,695 shares during the last quarter. Finally, Cibc World Markets Corp bought a new position in shares of PagSeguro Digital in the fourth quarter valued at approximately $110,000. Institutional investors own 45.88% of the company’s stock.

Analysts Set New Price Targets

PAGS has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Citigroup reiterated a “neutral” rating and issued a $7.00 target price (down previously from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. Finally, Bank of America reissued a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $11.63.

PagSeguro Digital Stock Performance

NYSE PAGS opened at $7.92 on Monday. The company has a market capitalization of $2.61 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04. PagSeguro Digital Ltd. has a 52-week low of $6.11 and a 52-week high of $14.82. The company has a 50-day simple moving average of $7.64 and a 200 day simple moving average of $7.68.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings results on Friday, February 21st. The company reported $0.34 earnings per share 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 company had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. As a group, analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

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.