PagSeguro Digital Ltd. (NYSE:PAGS) Shares Acquired by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 363.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,293,661 shares of the company’s stock after acquiring an additional 1,014,501 shares during the quarter. D. E. Shaw & Co. Inc.’s holdings in PagSeguro Digital were worth $59,897,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Verition Fund Management LLC acquired a new position in shares of PagSeguro Digital during the 1st quarter valued at $546,000. Tudor Investment Corp Et Al lifted its holdings in shares of PagSeguro Digital by 369.2% during the 1st quarter. Tudor Investment Corp Et Al now owns 20,489 shares of the company’s stock valued at $949,000 after acquiring an additional 16,122 shares in the last quarter. Psagot Investment House Ltd. lifted its holdings in shares of PagSeguro Digital by 19.9% during the 1st quarter. Psagot Investment House Ltd. now owns 71,150 shares of the company’s stock valued at $3,294,000 after acquiring an additional 11,833 shares in the last quarter. Cubist Systematic Strategies LLC lifted its holdings in shares of PagSeguro Digital by 968.0% during the 1st quarter. Cubist Systematic Strategies LLC now owns 156,520 shares of the company’s stock valued at $7,247,000 after acquiring an additional 141,864 shares in the last quarter. Finally, Twinbeech Capital LP acquired a new position in shares of PagSeguro Digital during the 1st quarter valued at $1,417,000. Institutional investors and hedge funds own 56.11% of the company’s stock.

PAGS opened at $57.13 on Thursday. The business has a 50-day moving average of $51.44. The company has a market cap of $18.80 billion, a P/E ratio of 84.01, a P/E/G ratio of 1.51 and a beta of 1.56. PagSeguro Digital Ltd. has a 1-year low of $34.92 and a 1-year high of $62.83.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Tuesday, June 1st. The company reported $0.99 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.02). PagSeguro Digital had a return on equity of 7.30% and a net margin of 16.55%. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the previous year, the firm posted $1.11 EPS. PagSeguro Digital’s revenue for the quarter was up 30.2% on a year-over-year basis. As a group, analysts anticipate that PagSeguro Digital Ltd. will post 0.96 earnings per share for the current year.

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of PagSeguro Digital from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, June 3rd. Susquehanna cut their price objective on shares of PagSeguro Digital from $70.00 to $60.00 and set a “positive” rating on the stock in a report on Wednesday, April 14th. Itau BBA Securities upgraded shares of PagSeguro Digital from a “market perform” rating to an “outperform” rating and set a $65.00 price objective on the stock in a report on Monday, June 7th. Bradesco Corretora assumed coverage on shares of PagSeguro Digital in a report on Wednesday, May 26th. They issued an “outperform” rating on the stock. Finally, Zacks Investment Research lowered shares of PagSeguro Digital from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 14th. One investment analyst has rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $61.36.

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 banking services through the PagBank mobile app; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.

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Institutional Ownership by Quarter for PagSeguro Digital (NYSE:PAGS)

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