Fox Run Management L.L.C. Boosts Stock Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Fox Run Management L.L.C. boosted its position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 43.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,212 shares of the company’s stock after acquiring an additional 18,186 shares during the quarter. Fox Run Management L.L.C.’s holdings in PagSeguro Digital were worth $377,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Signaturefd LLC lifted its stake in PagSeguro Digital by 1,306.5% in the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock worth $29,000 after acquiring an additional 4,233 shares during the last quarter. Point72 Hong Kong Ltd increased its stake in PagSeguro Digital by 34.6% in the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock valued at $93,000 after purchasing an additional 2,767 shares during the last quarter. Virtu Financial LLC acquired a new stake in PagSeguro Digital during the third quarter worth approximately $98,000. Raymond James Financial Inc. purchased a new position in shares of PagSeguro Digital in the 4th quarter valued at $79,000. Finally, DGS Capital Management LLC acquired a new stake in PagSeguro Digital during the 3rd quarter worth $113,000. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Price Performance

Shares of NYSE:PAGS opened at $8.15 on Thursday. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 6.73, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04. The business’s 50 day simple moving average is $7.58 and its 200-day simple moving average is $7.70. PagSeguro Digital Ltd. has a 12 month low of $6.11 and a 12 month high of $14.82.

PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. The company had revenue of $875.27 million for the quarter, compared to the consensus estimate of $872.66 million. On average, equities analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Bank of America reaffirmed a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Finally, Citigroup restated a “neutral” rating and issued a $7.00 price objective (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.63.

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.