OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys Shares of 438,078 PagSeguro Digital Ltd. $PAGS

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) during the second quarter, HoldingsChannel.com reports. The fund bought 438,078 shares of the company’s stock, valued at approximately $4,223,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Nuveen LLC purchased a new position in PagSeguro Digital during the 1st quarter valued at $59,603,000. Baupost Group LLC MA bought a new stake in PagSeguro Digital during the 2nd quarter valued at about $24,100,000. Qube Research & Technologies Ltd boosted its position in PagSeguro Digital by 176.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,538,389 shares of the company’s stock valued at $14,830,000 after buying an additional 982,837 shares during the period. Acadian Asset Management LLC increased its position in shares of PagSeguro Digital by 6.6% during the second quarter. Acadian Asset Management LLC now owns 7,831,041 shares of the company’s stock worth $75,445,000 after acquiring an additional 485,575 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of PagSeguro Digital in the first quarter valued at approximately $2,198,000. 45.88% of the stock is owned by institutional investors.

PagSeguro Digital Price Performance

PagSeguro Digital stock opened at $10.09 on Thursday. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $11.16. The business has a fifty day moving average price of $9.54 and a 200-day moving average price of $9.20. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 7.82, a PEG ratio of 0.51 and a beta of 1.45.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. PagSeguro Digital had a return on equity of 15.39% and a net margin of 11.00%.The company had revenue of $937.15 million during the quarter, compared to analysts’ expectations of $971.30 million. On average, equities research analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on PAGS. Wall Street Zen lowered shares of PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 4th. Bank of America upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and upped their target price for the stock from $10.00 to $13.00 in a report on Friday, September 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of PagSeguro Digital in a report on Wednesday, October 8th. Susquehanna upped their price objective on PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a research note on Friday, November 14th. Finally, UBS Group raised their price objective on PagSeguro Digital from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, PagSeguro Digital presently has a consensus rating of “Moderate Buy” and an average price target of $11.71.

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.