Quantbot Technologies LP Has $3.37 Million Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Quantbot Technologies LP increased its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 90.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 538,672 shares of the company’s stock after buying an additional 255,237 shares during the quarter. Quantbot Technologies LP owned 0.16% of PagSeguro Digital worth $3,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Kiker Wealth Management LLC bought a new stake in PagSeguro Digital in the fourth quarter valued at approximately $513,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in PagSeguro Digital in the fourth quarter valued at approximately $943,000. Contrarius Group Holdings Ltd bought a new stake in PagSeguro Digital in the fourth quarter valued at approximately $6,822,000. Xponance Inc. boosted its holdings in PagSeguro Digital by 37.8% in the fourth quarter. Xponance Inc. now owns 17,105 shares of the company’s stock valued at $107,000 after acquiring an additional 4,695 shares during the last quarter. Finally, Signaturefd LLC boosted 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 valued at $29,000 after acquiring an additional 4,233 shares during the last quarter. 45.88% of the stock is currently owned by institutional investors.

PagSeguro Digital Stock Down 2.0 %

Shares of PAGS opened at $8.27 on Friday. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82. The business’s fifty day moving average is $7.49 and its 200 day moving average is $7.74. The stock has a market cap of $2.72 billion, a P/E ratio of 6.83, a P/E/G ratio of 0.51 and a beta of 2.04.

PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $872.66 million. On average, analysts expect that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on PAGS. JPMorgan Chase & Co. reduced their target price on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Citigroup restated a “neutral” rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Finally, Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, PagSeguro Digital presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.33.

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.