Aurora Investment Counsel Buys 59,388 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

Aurora Investment Counsel raised its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 40.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 208,035 shares of the company’s stock after buying an additional 59,388 shares during the period. Aurora Investment Counsel owned 0.06% of PagSeguro Digital worth $1,302,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in PagSeguro Digital during the fourth quarter valued at approximately $79,000. Point72 Hong Kong Ltd lifted its holdings in PagSeguro Digital by 34.6% in the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock worth $93,000 after buying an additional 2,767 shares during the period. Virtu Financial LLC bought a new stake in PagSeguro Digital in the third quarter valued at $98,000. DGS Capital Management LLC bought a new stake in PagSeguro Digital during the 3rd quarter valued at approximately $113,000. Finally, Truvestments Capital LLC grew its stake in PagSeguro Digital by 8.4% in the fourth quarter. Truvestments Capital LLC now owns 23,202 shares of the company’s stock worth $145,000 after purchasing an additional 1,792 shares during the period. Hedge funds and other institutional investors own 45.88% of the company’s stock.

Analysts Set New Price Targets

PAGS has been the subject of a number of analyst reports. Citigroup restated a “neutral” rating and set a $7.00 price objective (down from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. The Goldman Sachs Group reduced their price objective on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Susquehanna cut their price objective on shares of PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a report on Monday, November 18th. Finally, KeyCorp upgraded PagSeguro Digital to a “hold” rating in a report on Friday, November 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.90.

PagSeguro Digital Price Performance

PagSeguro Digital stock opened at $7.49 on Friday. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 6.19, a price-to-earnings-growth ratio of 0.51 and a beta of 2.04. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82. The firm’s fifty day moving average price is $7.25 and its 200 day moving average price is $7.88.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings data on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. Analysts forecast 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.