Inceptionr LLC Has $460,000 Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Inceptionr LLC increased its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 183.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,420 shares of the company’s stock after purchasing an additional 47,541 shares during the period. Inceptionr LLC’s holdings in PagSeguro Digital were worth $460,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in PAGS. Raymond James Financial Inc. acquired a new stake in shares of PagSeguro Digital during the fourth quarter worth $79,000. Point72 Hong Kong Ltd lifted its holdings in PagSeguro Digital by 34.6% during the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock worth $93,000 after acquiring an additional 2,767 shares in the last quarter. Virtu Financial LLC bought a new position in PagSeguro Digital during the third quarter worth about $98,000. Gulf International Bank UK Ltd bought a new position in PagSeguro Digital during the third quarter worth about $111,000. Finally, DGS Capital Management LLC bought a new position in PagSeguro Digital during the third quarter worth about $113,000. 45.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. KeyCorp upgraded PagSeguro Digital to a “hold” rating in a report on Friday, November 15th. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Susquehanna reduced their target price on PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating on the stock in a report on Monday, November 18th. The Goldman Sachs Group reduced their target price on PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. cut their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $12.90.

PagSeguro Digital Stock Performance

PAGS opened at $7.53 on Friday. The business’s 50-day simple moving average is $7.18 and its 200 day simple moving average is $7.98. PagSeguro Digital Ltd. has a 52-week low of $6.11 and a 52-week high of $14.82. The firm has a market capitalization of $2.48 billion, a PE ratio of 6.22, a PEG ratio of 0.51 and a beta of 2.04.

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, beating 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 return on equity of 15.49% and a net margin of 11.12%. On average, research analysts forecast that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

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.