XTX Topco Ltd Acquires Shares of 30,839 PagSeguro Digital Ltd. (NYSE:PAGS)

XTX Topco Ltd purchased a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,839 shares of the company’s stock, valued at approximately $361,000.

Several other institutional investors have also recently added to or reduced their stakes in PAGS. Headlands Technologies LLC acquired a new position in PagSeguro Digital in the 1st quarter valued at $30,000. Y.D. More Investments Ltd raised its holdings in PagSeguro Digital by 82.5% during the second quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock worth $47,000 after purchasing an additional 1,800 shares in the last quarter. Family Firm Inc. acquired a new stake in PagSeguro Digital in the second quarter valued at about $50,000. Covestor Ltd lifted its position in PagSeguro Digital by 11,990.2% in the first quarter. Covestor Ltd now owns 4,957 shares of the company’s stock valued at $71,000 after purchasing an additional 4,916 shares during the period. Finally, Nisa Investment Advisors LLC increased its position in PagSeguro Digital by 26.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company’s stock worth $79,000 after purchasing an additional 1,421 shares during the period. Institutional investors and hedge funds own 45.88% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. UBS Group reduced their price target on PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating for the company in a report on Monday, July 8th. JPMorgan Chase & Co. boosted 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. Barclays cut their price target on shares of PagSeguro Digital from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, August 22nd. The Goldman Sachs Group raised shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Wednesday, June 26th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $6.50 target price (down from $14.00) on shares of PagSeguro Digital in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $15.11.

PagSeguro Digital Trading Down 1.0 %

Shares of PAGS opened at $8.80 on Friday. PagSeguro Digital Ltd. has a 12-month low of $6.93 and a 12-month high of $14.98. The stock has a market cap of $2.90 billion, a P/E ratio of 7.93, a PEG ratio of 0.47 and a beta of 1.95. The company has a 50-day moving average of $11.37 and a two-hundred day moving average of $12.18.

PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $874.38 million for the quarter, compared to analyst estimates of $816.34 million. PagSeguro Digital had a return on equity of 14.97% and a net margin of 10.93%. During the same quarter in the prior year, the company earned $0.26 EPS. As a group, analysts forecast that PagSeguro Digital Ltd. will post 1.19 EPS for the current fiscal year.

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.