Polunin Capital Partners Ltd Boosts Stock Holdings in PagSeguro Digital Ltd. $PAGS

Polunin Capital Partners Ltd increased its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 15.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,433,460 shares of the company’s stock after purchasing an additional 598,089 shares during the quarter. PagSeguro Digital makes up about 6.1% of Polunin Capital Partners Ltd’s portfolio, making the stock its 6th biggest position. Polunin Capital Partners Ltd’s holdings in PagSeguro Digital were worth $41,453,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. lifted its holdings in shares of PagSeguro Digital by 93.4% in the 2nd quarter. Osaic Holdings Inc. now owns 7,891 shares of the company’s stock worth $76,000 after buying an additional 3,810 shares during the period. Headlands Technologies LLC bought a new stake in shares of PagSeguro Digital in the second quarter valued at about $112,000. Tower Research Capital LLC TRC lifted its stake in PagSeguro Digital by 323.4% in the second quarter. Tower Research Capital LLC TRC now owns 33,226 shares of the company’s stock worth $320,000 after acquiring an additional 25,379 shares during the period. Manhattan West Asset Management LLC grew its holdings in PagSeguro Digital by 40.3% during the 2nd quarter. Manhattan West Asset Management LLC now owns 46,948 shares of the company’s stock worth $453,000 after acquiring an additional 13,482 shares in the last quarter. Finally, Tidal Investments LLC increased its position in PagSeguro Digital by 10.7% during the 2nd quarter. Tidal Investments LLC now owns 49,770 shares of the company’s stock valued at $480,000 after purchasing an additional 4,827 shares during the period. 45.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PAGS. UBS Group upped their price target on shares of PagSeguro Digital from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Susquehanna increased their target price on PagSeguro Digital from $11.00 to $12.00 and gave the company a “positive” rating in a research report on Friday, November 14th. Weiss Ratings reissued a “hold (c)” rating on shares of PagSeguro Digital in a research report on Wednesday, October 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $9.00 price objective (down previously from $12.00) on shares of PagSeguro Digital in a research report on Tuesday, October 14th. Finally, Wall Street Zen downgraded shares of PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 4th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, PagSeguro Digital presently has an average rating of “Moderate Buy” and a consensus price target of $11.71.

PagSeguro Digital Price Performance

PagSeguro Digital stock opened at $9.73 on Wednesday. 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 $9.60 and a 200-day moving average price of $9.24. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 7.54, a PEG ratio of 0.51 and a beta of 1.45.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Wednesday, November 12th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates 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.

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.