Lombard Odier Asset Management Europe Ltd Has $2.51 Million Stock Position in PagSeguro Digital Ltd. $PAGS

Lombard Odier Asset Management Europe Ltd trimmed its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 31.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 260,000 shares of the company’s stock after selling 117,500 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in PagSeguro Digital were worth $2,506,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in PagSeguro Digital by 37.0% during the 4th quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock valued at $45,000 after acquiring an additional 1,249 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in PagSeguro Digital during the fourth quarter worth about $45,000. Caitong International Asset Management Co. Ltd increased its holdings in PagSeguro Digital by 108.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,933 shares of the company’s stock worth $48,000 after buying an additional 2,569 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in PagSeguro Digital in the 4th quarter worth about $53,000. Finally, CWM LLC increased its holdings in PagSeguro Digital by 50.4% in the 4th quarter. CWM LLC now owns 7,902 shares of the company’s stock worth $76,000 after acquiring an additional 2,647 shares during the last quarter. 45.88% of the stock is currently owned by institutional investors.

Insider Activity at PagSeguro Digital

In other news, Director Luis Frias bought 498,500 shares of the business’s stock in a transaction on Friday, March 27th. The stock was acquired at an average price of $9.96 per share, with a total value of $4,965,060.00. Following the completion of the purchase, the director directly owned 2,673,605 shares in the company, valued at $26,629,105.80. This represents a 22.92% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Alexandre Mr Magnani sold 200,000 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $11.26, for a total value of $2,252,000.00. Following the completion of the sale, the director directly owned 607,390 shares of the company’s stock, valued at approximately $6,839,211.40. This represents a 24.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Analysts Set New Price Targets

PAGS has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of PagSeguro Digital in a research report on Friday, May 8th. JPMorgan Chase & Co. decreased their price target on PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Autonomous Res lowered PagSeguro Digital from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Finally, Wall Street Zen lowered PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $12.00.

PagSeguro Digital Trading Up 1.2%

Shares of NYSE PAGS opened at $8.98 on Wednesday. PagSeguro Digital Ltd. has a 12 month low of $7.74 and a 12 month high of $12.32. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 6.60, a PEG ratio of 0.35 and a beta of 1.34. The business has a 50-day moving average of $9.76 and a 200-day moving average of $10.10.

PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Wednesday, May 13th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). The firm had revenue of $642.01 million during the quarter, compared to analysts’ expectations of $952.64 million. PagSeguro Digital had a return on equity of 16.44% and a net margin of 10.40%. On average, analysts predict that PagSeguro Digital Ltd. will post 1.7 earnings per share for the current year.

PagSeguro Digital Profile

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.