AlphaMark Advisors LLC Invests $349,000 in PagSeguro Digital Ltd. (NYSE:PAGS)

AlphaMark Advisors LLC bought a new stake in PagSeguro Digital Ltd. (NYSE:PAGS) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 24,418 shares of the company’s stock, valued at approximately $349,000.

Several other institutional investors also recently bought and sold shares of PAGS. Waterfront Wealth Inc. increased its position in shares of PagSeguro Digital by 5.5% in the fourth quarter. Waterfront Wealth Inc. now owns 16,230 shares of the company’s stock valued at $202,000 after acquiring an additional 852 shares during the period. Nisa Investment Advisors LLC raised its position in PagSeguro Digital by 34.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,140 shares of the company’s stock valued at $64,000 after purchasing an additional 1,330 shares during the last quarter. Blue Trust Inc. lifted its holdings in PagSeguro Digital by 13.0% in the 4th quarter. Blue Trust Inc. now owns 12,479 shares of the company’s stock worth $156,000 after buying an additional 1,438 shares during the period. Los Angeles Capital Management LLC grew its position in shares of PagSeguro Digital by 2.1% in the 1st quarter. Los Angeles Capital Management LLC now owns 108,868 shares of the company’s stock worth $1,555,000 after buying an additional 2,223 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its position in shares of PagSeguro Digital by 19.6% in the 4th quarter. AdvisorNet Financial Inc now owns 29,294 shares of the company’s stock worth $365,000 after buying an additional 4,800 shares during the last quarter. 45.88% of the stock is currently owned by hedge funds and other institutional investors.

PagSeguro Digital Price Performance

NYSE:PAGS opened at $11.43 on Tuesday. PagSeguro Digital Ltd. has a one year low of $6.93 and a one year high of $14.98. The company’s 50-day simple moving average is $12.10 and its 200 day simple moving average is $12.68. The firm has a market capitalization of $3.77 billion, a P/E ratio of 10.35, a PEG ratio of 0.49 and a beta of 1.92.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings results on Friday, May 24th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. PagSeguro Digital had a return on equity of 14.51% and a net margin of 10.70%. The firm had revenue of $869.86 million for the quarter, compared to analysts’ expectations of $679.16 million. On average, equities research analysts expect that PagSeguro Digital Ltd. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. New Street Research raised PagSeguro Digital from a “neutral” rating to a “buy” rating and raised their price target for the stock from $15.00 to $18.00 in a research note on Monday, March 18th. JPMorgan Chase & Co. raised their target price on shares of PagSeguro Digital from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, June 17th. Cantor Fitzgerald boosted their price target on shares of PagSeguro Digital from $14.00 to $16.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Barclays raised their price objective on shares of PagSeguro Digital from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, April 29th. Finally, The Goldman Sachs Group raised PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Wednesday, June 26th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.25.

About PagSeguro Digital

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.