PagSeguro Digital Ltd. (NYSE:PAGS) Shares Sold by Axa S.A.

Axa S.A. trimmed its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 77.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,403 shares of the company’s stock after selling 131,827 shares during the period. Axa S.A.’s holdings in PagSeguro Digital were worth $247,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. 14B Captial Management LP boosted its position in shares of PagSeguro Digital by 32.9% in the fourth quarter. 14B Captial Management LP now owns 1,675,000 shares of the company’s stock worth $10,486,000 after buying an additional 415,000 shares during the period. Schonfeld Strategic Advisors LLC purchased a new position in PagSeguro Digital in the 4th quarter worth approximately $1,164,000. AQR Capital Management LLC grew its position in PagSeguro Digital by 106.5% in the fourth quarter. AQR Capital Management LLC now owns 735,225 shares of the company’s stock valued at $4,603,000 after acquiring an additional 379,181 shares in the last quarter. Northern Trust Corp raised its stake in shares of PagSeguro Digital by 20.6% during the fourth quarter. Northern Trust Corp now owns 1,747,094 shares of the company’s stock valued at $10,937,000 after purchasing an additional 298,377 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of PagSeguro Digital by 6.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 72,915 shares of the company’s stock worth $457,000 after purchasing an additional 4,662 shares in the last quarter. 45.88% of the stock is currently owned by hedge funds and other institutional investors.

PagSeguro Digital Stock Performance

Shares of PAGS stock opened at $9.85 on Friday. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 0.51 and a beta of 1.70. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82. The company’s 50-day simple moving average is $8.50 and its 200-day simple moving average is $7.74.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Friday, February 21st. The company reported $0.34 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 the consensus estimate of $872.66 million. As a group, research analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

Analyst Ratings Changes

PAGS has been the topic of several analyst reports. Barclays dropped their price target on shares of PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 23rd. Citigroup raised PagSeguro Digital from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.88.

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.