PagSeguro Digital Ltd. (NYSE:PAGS) Shares Sold by Main Management ETF Advisors LLC

Main Management ETF Advisors LLC decreased its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 8.2% in the 4th quarter, Holdings Channel reports. The fund owned 59,096 shares of the company’s stock after selling 5,312 shares during the period. Main Management ETF Advisors LLC’s holdings in PagSeguro Digital were worth $370,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. 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 worth $29,000 after purchasing an additional 4,233 shares during the period. Advisory Services Network LLC acquired a new position in PagSeguro Digital in the fourth quarter worth $66,000. Raymond James Financial Inc. acquired a new position in shares of PagSeguro Digital during the fourth quarter valued at $79,000. Virtu Financial LLC boosted its holdings in shares of PagSeguro Digital by 37.4% during the fourth quarter. Virtu Financial LLC now owns 15,672 shares of the company’s stock valued at $98,000 after acquiring an additional 4,268 shares during the period. Finally, Cresset Asset Management LLC acquired a new position in shares of PagSeguro Digital during the fourth quarter valued at $98,000. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 1.4%

Shares of PagSeguro Digital stock opened at $9.73 on Thursday. The company’s 50-day moving average price is $8.63 and its two-hundred day moving average price is $7.77. PagSeguro Digital Ltd. has a 52 week low of $6.11 and a 52 week high of $14.82. The stock has a market cap of $3.21 billion, a PE ratio of 8.04, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings results on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The firm had revenue of $875.27 million for the quarter, compared to analysts’ expectations of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. On average, equities analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Barclays reduced their price target on shares of PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, April 23rd. Susquehanna cut their price objective on shares of PagSeguro Digital from $16.00 to $14.00 and set a “positive” rating on the stock in a research note on Wednesday. Finally, Citigroup upgraded shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $7.00 to $10.00 in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, PagSeguro Digital currently has a consensus rating of “Moderate Buy” and a consensus target price of $11.63.

PagSeguro Digital Company 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.