DekaBank Deutsche Girozentrale acquired a new stake in PagSeguro Digital Ltd (NYSE:PAGS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 35,503 shares of the company’s stock, valued at approximately $1,227,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Marshall Wace LLP acquired a new position in shares of PagSeguro Digital during the first quarter worth $60,000. FMR LLC increased its stake in PagSeguro Digital by 1,638.1% during the first quarter. FMR LLC now owns 9,907 shares of the company’s stock valued at $296,000 after purchasing an additional 9,337 shares during the last quarter. Amundi Pioneer Asset Management Inc. increased its stake in PagSeguro Digital by 5.3% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 594,794 shares of the company’s stock valued at $17,755,000 after purchasing an additional 30,094 shares during the last quarter. Confluence Investment Management LLC increased its stake in PagSeguro Digital by 132.9% during the third quarter. Confluence Investment Management LLC now owns 20,036 shares of the company’s stock valued at $928,000 after purchasing an additional 11,434 shares during the last quarter. Finally, Capital Investment Advisory Services LLC increased its stake in PagSeguro Digital by 127.3% during the third quarter. Capital Investment Advisory Services LLC now owns 1,250 shares of the company’s stock valued at $58,000 after purchasing an additional 700 shares during the last quarter. 50.47% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on PAGS. Cantor Fitzgerald lowered their target price on shares of PagSeguro Digital from $56.00 to $46.00 in a research note on Wednesday, November 27th. Zacks Investment Research upgraded shares of PagSeguro Digital from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. lowered shares of PagSeguro Digital from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $60.00 to $39.00 in a research note on Tuesday, November 26th. ValuEngine upgraded shares of PagSeguro Digital from a “sell” rating to a “hold” rating in a research note on Friday, November 29th. Finally, KeyCorp lowered their target price on shares of PagSeguro Digital from $45.00 to $40.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $43.60.

PagSeguro Digital stock opened at $35.22 on Friday. The company has a 50-day simple moving average of $34.58 and a 200-day simple moving average of $39.48. The firm has a market capitalization of $11.54 billion, a P/E ratio of 34.53, a P/E/G ratio of 0.94 and a beta of 0.38. PagSeguro Digital Ltd has a one year low of $22.57 and a one year high of $53.43.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings results on Tuesday, November 19th. The company reported $0.30 EPS for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $369.11 million during the quarter, compared to analyst estimates of $362.71 million. PagSeguro Digital had a net margin of 23.77% and a return on equity of 19.33%. As a group, research analysts expect that PagSeguro Digital Ltd will post 1.1 earnings per share for the current year.

About PagSeguro Digital

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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