Catalyst Capital Advisors LLC lowered its position in PagSeguro Digital Ltd (NYSE:PAGS) by 39.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,800 shares of the company’s stock after selling 17,000 shares during the period. Catalyst Capital Advisors LLC’s holdings in PagSeguro Digital were worth $881,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Millennium Management LLC boosted its holdings in PagSeguro Digital by 1,113.7% in the 3rd quarter. Millennium Management LLC now owns 215,882 shares of the company’s stock worth $9,997,000 after buying an additional 198,095 shares during the period. Dupont Capital Management Corp bought a new position in PagSeguro Digital in the 3rd quarter worth $304,000. Comerica Bank bought a new position in PagSeguro Digital in the 3rd quarter worth $323,000. Russell Investments Group Ltd. lifted its stake in PagSeguro Digital by 13.0% in the 4th quarter. Russell Investments Group Ltd. now owns 1,000,775 shares of the company’s stock worth $33,930,000 after purchasing an additional 114,950 shares in the last quarter. Finally, Delta Investment Management LLC purchased a new stake in PagSeguro Digital in the 3rd quarter worth $2,118,000. 50.47% of the stock is owned by institutional investors.
Shares of PAGS stock opened at $34.43 on Friday. The stock has a market cap of $11.40 billion, a P/E ratio of 33.76, a PEG ratio of 0.94 and a beta of 0.38. PagSeguro Digital Ltd has a 52 week low of $22.57 and a 52 week high of $53.43. The company’s fifty day simple moving average is $34.56 and its two-hundred day simple moving average is $39.55.
PagSeguro Digital (NYSE:PAGS) last announced 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 for the quarter, compared to analysts’ expectations of $362.71 million. PagSeguro Digital had a net margin of 23.77% and a return on equity of 19.33%. On average, research analysts forecast that PagSeguro Digital Ltd will post 1.1 EPS for the current fiscal year.
Several analysts have commented on PAGS shares. ValuEngine upgraded shares of PagSeguro Digital from a “sell” rating to a “hold” rating in a research note on Friday, November 29th. Cantor Fitzgerald decreased their price target on shares of PagSeguro Digital from $56.00 to $46.00 in a research note on Wednesday, November 27th. JPMorgan Chase & Co. cut shares of PagSeguro Digital from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $60.00 to $39.00 in a research note on Tuesday, November 26th. HSBC upgraded shares of PagSeguro Digital from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Finally, 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. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $43.60.
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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