PagSeguro Digital Ltd. (NYSE:PAGS) Stock Holdings Decreased by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 46.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,022 shares of the company’s stock after selling 29,158 shares during the quarter. Hsbc Holdings PLC’s holdings in PagSeguro Digital were worth $214,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC boosted its stake in PagSeguro Digital by 240.0% in the third quarter. Barclays PLC now owns 270,215 shares of the company’s stock valued at $2,327,000 after acquiring an additional 190,740 shares during the period. Tidal Investments LLC acquired a new stake in PagSeguro Digital in the 3rd quarter valued at approximately $339,000. Harbour Capital Advisors LLC bought a new stake in shares of PagSeguro Digital during the fourth quarter valued at about $482,000. Exchange Traded Concepts LLC lifted its holdings in PagSeguro Digital by 112.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 81,371 shares of the company’s stock worth $509,000 after purchasing an additional 42,990 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of PagSeguro Digital by 16.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company’s stock valued at $39,770,000 after buying an additional 874,777 shares during the period. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Stock Down 1.2 %

PAGS stock opened at $9.85 on Friday. The company has a 50 day moving average of $8.50 and a two-hundred day moving average of $7.74. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 0.51 and a beta of 1.70.

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

Analyst Ratings Changes

A number of research firms recently commented on PAGS. Citigroup upgraded shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $7.00 to $10.00 in a report on Tuesday, April 22nd. Barclays dropped their price target on PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, PagSeguro Digital currently has a consensus rating of “Moderate Buy” and an average price target of $11.88.

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.