Farringdon Capital Ltd. Takes $109,000 Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Farringdon Capital Ltd. purchased a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 17,489 shares of the company’s stock, valued at approximately $109,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Truvestments Capital LLC boosted its holdings in shares of PagSeguro Digital by 8.4% in the fourth quarter. Truvestments Capital LLC now owns 23,202 shares of the company’s stock valued at $145,000 after acquiring an additional 1,792 shares in the last quarter. LPL Financial LLC raised its stake in shares of PagSeguro Digital by 14.2% during the 4th quarter. LPL Financial LLC now owns 33,534 shares of the company’s stock worth $210,000 after buying an additional 4,165 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock valued at $29,000 after buying an additional 4,233 shares during the period. Virtu Financial LLC boosted its stake in shares of PagSeguro Digital by 37.4% in the fourth quarter. Virtu Financial LLC now owns 15,672 shares of the company’s stock valued at $98,000 after buying an additional 4,268 shares in the last quarter. Finally, Xponance Inc. grew its holdings in PagSeguro Digital by 37.8% during the fourth quarter. Xponance Inc. now owns 17,105 shares of the company’s stock worth $107,000 after acquiring an additional 4,695 shares during the period. 45.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Citigroup reaffirmed 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, PagSeguro Digital presently has a consensus rating of “Hold” and an average target price of $11.63.

PagSeguro Digital Price Performance

Shares of NYSE PAGS opened at $8.54 on Friday. The firm’s 50-day moving average is $7.94 and its two-hundred day moving average is $7.60. The company has a market capitalization of $2.82 billion, a PE ratio of 7.06, a price-to-earnings-growth ratio of 0.51 and a beta of 1.85. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82.

PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $875.27 million for the quarter, compared to analyst estimates of $872.66 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. On average, analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS 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.