Harel Insurance Investments & Financial Services Ltd. purchased a new stake in PagSeguro Digital Ltd (NYSE:PAGS) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 3,000 shares of the company’s stock, valued at approximately $90,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PAGS. Flagship Harbor Advisors LLC acquired a new stake in PagSeguro Digital in the 1st quarter valued at $28,000. Intellectus Partners LLC grew its position in PagSeguro Digital by 72.6% in the 4th quarter. Intellectus Partners LLC now owns 5,350 shares of the company’s stock valued at $100,000 after purchasing an additional 2,250 shares during the period. GSA Capital Partners LLP acquired a new stake in PagSeguro Digital in the 4th quarter valued at $206,000. LPL Financial LLC purchased a new position in PagSeguro Digital during the 4th quarter worth $224,000. Finally, Bank of New York Mellon Corp purchased a new position in PagSeguro Digital during the 4th quarter worth $262,000.

PAGS opened at $25.30 on Friday. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 28.75, a PEG ratio of 0.88 and a beta of 1.18. PagSeguro Digital Ltd has a 1 year low of $17.02 and a 1 year high of $38.80.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Thursday, February 21st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. The firm had revenue of $332.88 million for the quarter, compared to the consensus estimate of $331.83 million. PagSeguro Digital had a net margin of 20.83% and a return on equity of 18.34%. As a group, sell-side analysts anticipate that PagSeguro Digital Ltd will post 1.19 earnings per share for the current fiscal year.

A number of research firms have issued reports on PAGS. JPMorgan Chase & Co. raised shares of PagSeguro Digital from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $27.00 to $35.00 in a report on Wednesday, March 27th. Zacks Investment Research raised shares of PagSeguro Digital from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Wednesday, February 13th. Finally, Guggenheim began coverage on shares of PagSeguro Digital in a report on Wednesday, January 9th. They set a “neutral” rating and a $21.65 price objective on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. PagSeguro Digital has a consensus rating of “Hold” and an average price target of $32.46.

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PagSeguro Digital Company Profile

PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end 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; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.

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Institutional Ownership by Quarter for PagSeguro Digital (NYSE:PAGS)

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