Healthcare of Ontario Pension Plan Trust Fund Takes Position in PagSeguro Digital Ltd. $PAGS

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in PagSeguro Digital Ltd. (NYSE:PAGS) in the first quarter, HoldingsChannel reports. The institutional investor purchased 198,300 shares of the company’s stock, valued at approximately $1,987,000.

Several other institutional investors and hedge funds have also made changes to their positions in PAGS. Caitong International Asset Management Co. Ltd raised its stake in PagSeguro Digital by 77.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company’s stock worth $40,000 after acquiring an additional 1,821 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new stake in PagSeguro Digital during the 4th quarter worth about $45,000. Meeder Asset Management Inc. purchased a new stake in PagSeguro Digital during the 4th quarter valued at about $53,000. Osaic Holdings Inc. grew its stake in PagSeguro Digital by 93.4% during the 2nd quarter. Osaic Holdings Inc. now owns 7,891 shares of the company’s stock valued at $76,000 after purchasing an additional 3,810 shares during the last quarter. Finally, CWM LLC increased its holdings in shares of PagSeguro Digital by 50.4% in the fourth quarter. CWM LLC now owns 7,902 shares of the company’s stock valued at $76,000 after purchasing an additional 2,647 shares during the period. 45.88% of the stock is currently owned by institutional investors and hedge funds.

PagSeguro Digital Stock Performance

NYSE PAGS opened at $9.64 on Friday. The business has a fifty day moving average price of $9.10 and a 200 day moving average price of $9.92. The company has a market cap of $2.70 billion, a P/E ratio of 7.09, a P/E/G ratio of 0.48 and a beta of 1.32. PagSeguro Digital Ltd. has a one year low of $7.74 and a one year high of $12.32.

PagSeguro Digital (NYSE:PAGS) last announced 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 business had revenue of $642.01 million for the quarter, compared to analyst estimates of $952.64 million. PagSeguro Digital had a return on equity of 16.44% and a net margin of 10.40%. As a group, sell-side analysts predict that PagSeguro Digital Ltd. will post 1.69 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Da Silva Ricardo Dutra sold 25,000 shares of the company’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $9.24, for a total transaction of $231,000.00. Following the completion of the sale, the insider owned 25,000 shares of the company’s stock, valued at approximately $231,000. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Analyst Ratings Changes

A number of equities analysts have issued reports on PAGS shares. Autonomous Res lowered shares of PagSeguro Digital from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Weiss Ratings downgraded shares of PagSeguro Digital from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Wall Street Zen lowered shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Jefferies Financial Group began coverage on shares of PagSeguro Digital in a report on Thursday, July 23rd. They set a “hold” rating and a $10.40 target price for the company. Finally, JPMorgan Chase & Co. decreased their target price on shares of PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $10.98.

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.