EntryPoint Capital LLC Invests $122,000 in PagSeguro Digital Ltd. (NYSE:PAGS)

EntryPoint Capital LLC bought a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,525 shares of the company’s stock, valued at approximately $122,000.

Several other hedge funds have also bought and sold shares of the stock. SPX Gestao de Recursos Ltda purchased a new position in shares of PagSeguro Digital during the 3rd quarter valued at about $38,151,000. State Street Corp raised its stake in PagSeguro Digital by 50.8% during the 3rd quarter. State Street Corp now owns 5,908,054 shares of the company’s stock worth $50,868,000 after acquiring an additional 1,990,849 shares during the period. Geode Capital Management LLC lifted its holdings 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 purchasing an additional 1,113,103 shares in the last quarter. Contrarius Group Holdings Ltd bought a new position in shares of PagSeguro Digital in the fourth quarter worth approximately $6,822,000. Finally, JPMorgan Chase & Co. increased its stake in shares of PagSeguro Digital by 101.4% in the third quarter. JPMorgan Chase & Co. now owns 1,985,074 shares of the company’s stock worth $17,091,000 after purchasing an additional 999,237 shares in the last quarter. Institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Price Performance

NYSE PAGS opened at $7.92 on Monday. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.82. The business has a 50 day simple moving average of $7.64 and a two-hundred day simple moving average of $7.68. The stock has a market capitalization of $2.61 billion, a PE ratio of 6.54, a P/E/G ratio of 0.51 and a beta of 2.04.

PagSeguro Digital (NYSE:PAGS) last posted its 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 analyst estimates of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. On average, analysts anticipate that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on PAGS. Citigroup reaffirmed a “neutral” rating and issued a $7.00 target price (down previously from $17.00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. lowered 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 research analyst has rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, PagSeguro Digital presently has an average rating of “Hold” and a consensus target price of $11.63.

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.