PagSeguro Digital Ltd. $PAGS Holdings Lowered by Bellecapital International Ltd.

Bellecapital International Ltd. lessened its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 32.4% during the third quarter, Holdings Channel reports. The institutional investor owned 180,312 shares of the company’s stock after selling 86,602 shares during the quarter. Bellecapital International Ltd.’s holdings in PagSeguro Digital were worth $1,803,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. CWM LLC grew its holdings in shares of PagSeguro Digital by 29.0% in the 3rd quarter. CWM LLC now owns 5,255 shares of the company’s stock worth $53,000 after acquiring an additional 1,182 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of PagSeguro Digital by 61.2% during the 2nd quarter. GAMMA Investing LLC now owns 3,510 shares of the company’s stock valued at $34,000 after acquiring an additional 1,333 shares in the last quarter. Rhumbline Advisers increased its position in PagSeguro Digital by 0.5% in the 2nd quarter. Rhumbline Advisers now owns 275,244 shares of the company’s stock worth $2,653,000 after purchasing an additional 1,367 shares during the last quarter. Waterfront Wealth Inc. increased its holdings in PagSeguro Digital by 0.5% in the second quarter. Waterfront Wealth Inc. now owns 275,967 shares of the company’s stock worth $2,660,000 after buying an additional 1,448 shares during the last quarter. Finally, Financial Perspectives Inc increased its stake in shares of PagSeguro Digital by 9.1% during the 2nd quarter. Financial Perspectives Inc now owns 23,110 shares of the company’s stock worth $223,000 after purchasing an additional 1,922 shares during the last quarter. 45.88% of the stock is owned by institutional investors.

PagSeguro Digital Stock Up 0.3%

PAGS opened at $9.78 on Friday. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 0.49 and a beta of 1.45. The business has a 50 day moving average of $9.72 and a 200-day moving average of $9.28. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $11.16.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Wednesday, November 12th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. PagSeguro Digital had a return on equity of 15.39% and a net margin of 11.00%.The company had revenue of $937.15 million for the quarter, compared to analyst estimates of $971.30 million. As a group, analysts expect that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. UBS Group upped their price objective on shares of PagSeguro Digital from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Wall Street Zen cut PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a report on Wednesday, October 8th. Zacks Research lowered shares of PagSeguro Digital from a “strong-buy” rating to a “hold” rating in a report on Friday, September 19th. Finally, Susquehanna upped their target price on shares of PagSeguro Digital from $11.00 to $12.00 and gave the company a “positive” rating in a research note on Friday, November 14th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.71.

About PagSeguro Digital

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.