150,620 Shares in PagSeguro Digital Ltd. (NYSE:PAGS) Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 150,620 shares of the company’s stock, valued at approximately $943,000.

A number of other large investors have also added to or reduced their stakes in PAGS. Robeco Institutional Asset Management B.V. raised its stake in shares of PagSeguro Digital by 16.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company’s stock valued at $39,770,000 after buying an additional 874,777 shares during the period. State Street Corp raised its stake in PagSeguro Digital by 50.8% in the 3rd quarter. State Street Corp now owns 5,908,054 shares of the company’s stock valued at $50,868,000 after acquiring an additional 1,990,849 shares during the period. SPX Gestao de Recursos Ltda purchased a new stake in PagSeguro Digital during the third quarter valued at about $38,151,000. Geode Capital Management LLC boosted its position in PagSeguro Digital by 49.1% during the third quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company’s stock worth $29,014,000 after purchasing an additional 1,113,103 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of PagSeguro Digital by 101.4% in the third quarter. JPMorgan Chase & Co. now owns 1,985,074 shares of the company’s stock worth $17,091,000 after purchasing an additional 999,237 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Stock Down 1.4 %

Shares of NYSE PAGS opened at $8.15 on Thursday. The stock’s 50-day simple moving average is $7.58 and its two-hundred day simple moving average is $7.70. PagSeguro Digital Ltd. has a twelve month low of $6.11 and a twelve month high of $14.82. The firm has a market capitalization of $2.68 billion, a P/E ratio of 6.73, a P/E/G ratio of 0.51 and a beta of 2.04.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data 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 net margin of 11.12% and a return on equity of 15.49%. The company had revenue of $875.27 million for the quarter, compared to analysts’ expectations of $872.66 million. As a group, research analysts anticipate that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PAGS. Citigroup restated a “neutral” rating and set a $7.00 price target (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. Bank of America reaffirmed a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. dropped their price objective on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. One equities 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 company’s stock. Based on data from MarketBeat, PagSeguro Digital has an average rating of “Hold” and a consensus target price of $11.63.

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.