Bellecapital International Ltd. Has $2 Million Stake in PagSeguro Digital Ltd. (NYSE:PAGS)

Bellecapital International Ltd. boosted its position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 37.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 319,221 shares of the company’s stock after acquiring an additional 86,402 shares during the period. Bellecapital International Ltd.’s holdings in PagSeguro Digital were worth $1,998,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Point72 Hong Kong Ltd raised its position in shares of PagSeguro Digital by 34.6% during the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock valued at $93,000 after buying an additional 2,767 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of PagSeguro Digital during the third quarter valued at about $98,000. Gulf International Bank UK Ltd acquired a new position in shares of PagSeguro Digital during the third quarter valued at about $111,000. DGS Capital Management LLC acquired a new position in shares of PagSeguro Digital during the third quarter valued at about $113,000. Finally, Creative Planning acquired a new position in shares of PagSeguro Digital during the third quarter valued at about $115,000. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 4.0 %

Shares of PagSeguro Digital stock opened at $7.38 on Monday. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 6.10, a P/E/G ratio of 0.51 and a beta of 1.95. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.98. The firm’s 50-day moving average price is $7.09 and its two-hundred day moving average price is $8.18.

PagSeguro Digital (NYSE:PAGS) last issued 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. 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%. As a group, equities research analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. KeyCorp raised shares of PagSeguro Digital to a “hold” rating in a research report on Friday, November 15th. Susquehanna dropped their price target on shares of PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a research report on Monday, November 18th. JPMorgan Chase & Co. dropped their price target on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. The Goldman Sachs Group dropped their price target on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Finally, Citigroup reissued a “neutral” rating and issued a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $13.18.

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.