185,000 Shares in PagSeguro Digital Ltd. (NYSE:PAGS) Acquired by Anthracite Investment Company Inc.

Anthracite Investment Company Inc. purchased a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 185,000 shares of the company’s stock, valued at approximately $1,158,000. Anthracite Investment Company Inc. owned approximately 0.06% of PagSeguro Digital as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Intech Investment Management LLC acquired a new stake in PagSeguro Digital during the 3rd quarter worth about $741,000. Citigroup Inc. raised its holdings in shares of PagSeguro Digital by 587.0% during the third quarter. Citigroup Inc. now owns 1,052,166 shares of the company’s stock valued at $9,059,000 after acquiring an additional 899,010 shares during the period. Penserra Capital Management LLC lifted its position in shares of PagSeguro Digital by 2.6% in the 3rd quarter. Penserra Capital Management LLC now owns 349,917 shares of the company’s stock valued at $3,011,000 after acquiring an additional 9,020 shares in the last quarter. Truvestments Capital LLC grew its position in PagSeguro Digital by 9.9% during the 3rd quarter. Truvestments Capital LLC now owns 21,410 shares of the company’s stock worth $184,000 after purchasing an additional 1,923 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of PagSeguro Digital by 23.8% during the third quarter. The Manufacturers Life Insurance Company now owns 103,971 shares of the company’s stock valued at $895,000 after buying an additional 19,972 shares in the last quarter. 45.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PAGS has been the subject of several recent research reports. Bank of America reissued a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. JPMorgan Chase & Co. lowered their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Finally, Citigroup reaffirmed a “neutral” rating and set a $7.00 target price (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, PagSeguro Digital currently has a consensus rating of “Moderate Buy” and an average price target of $12.33.

PagSeguro Digital Trading Down 0.2 %

PagSeguro Digital stock opened at $8.27 on Wednesday. The stock’s 50 day moving average is $7.56 and its 200-day moving average is $7.70. PagSeguro Digital Ltd. has a 12 month low of $6.11 and a 12 month high of $14.82. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 0.51 and a beta of 2.04.

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

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.