DGS Capital Management LLC Invests $113,000 in PagSeguro Digital Ltd. (NYSE:PAGS)

DGS Capital Management LLC purchased a new position in PagSeguro Digital Ltd. (NYSE:PAGS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 13,116 shares of the company’s stock, valued at approximately $113,000.

A number of other large investors also recently bought and sold shares of PAGS. Marshall Wace LLP increased its stake in shares of PagSeguro Digital by 55.5% during the second quarter. Marshall Wace LLP now owns 6,994,870 shares of the company’s stock valued at $81,770,000 after purchasing an additional 2,497,968 shares in the last quarter. Millennium Management LLC grew its stake in shares of PagSeguro Digital by 115.1% in the 2nd quarter. Millennium Management LLC now owns 3,813,901 shares of the company’s stock worth $44,585,000 after buying an additional 2,040,704 shares during the last quarter. State Street Corp increased its position in PagSeguro Digital by 50.8% during the 3rd quarter. State Street Corp now owns 5,908,054 shares of the company’s stock valued at $50,868,000 after buying an additional 1,990,849 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in PagSeguro Digital by 26.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 5,478,310 shares of the company’s stock valued at $47,168,000 after buying an additional 1,144,590 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in PagSeguro Digital by 49.1% during the third quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company’s stock valued at $29,014,000 after buying an additional 1,113,103 shares during the last quarter. 45.88% of the stock is owned by hedge funds and other institutional investors.

PagSeguro Digital Price Performance

NYSE PAGS opened at $7.05 on Friday. PagSeguro Digital Ltd. has a 1-year low of $6.82 and a 1-year high of $14.98. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 5.83, a PEG ratio of 0.44 and a beta of 1.92. The business’s fifty day moving average price is $7.92 and its 200-day moving average price is $10.21.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on PAGS shares. KeyCorp raised PagSeguro Digital to a “hold” rating in a research note on Friday, November 15th. Itau BBA Securities lowered shares of PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 price objective for the company. in a research note on Tuesday, October 1st. Morgan Stanley reaffirmed an “underweight” rating and issued a $6.50 target price (down from $14.00) on shares of PagSeguro Digital in a report on Thursday, September 5th. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Finally, Cantor Fitzgerald upgraded shares of PagSeguro Digital to a “strong-buy” rating in a report on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $14.36.

PagSeguro Digital Company 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.