PagSeguro Digital Ltd. (NYSE:PAGS) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 16.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,353,087 shares of the company’s stock after buying an additional 874,777 shares during the quarter. Robeco Institutional Asset Management B.V. owned 1.93% of PagSeguro Digital worth $39,770,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Quarry LP lifted its stake in PagSeguro Digital by 156.2% during the 2nd quarter. Quarry LP now owns 6,242 shares of the company’s stock worth $73,000 after acquiring an additional 3,806 shares in the last quarter. GW Henssler & Associates Ltd. acquired a new stake in shares of PagSeguro Digital during the third quarter worth about $87,000. Point72 Hong Kong Ltd boosted its stake in shares of PagSeguro Digital by 34.6% in the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock valued at $93,000 after purchasing an additional 2,767 shares during the period. Virtu Financial LLC acquired a new position in shares of PagSeguro Digital in the third quarter valued at approximately $98,000. Finally, Gulf International Bank UK Ltd purchased a new stake in PagSeguro Digital during the 3rd quarter worth approximately $111,000. Hedge funds and other institutional investors own 45.88% of the company’s stock.

Analyst Upgrades and Downgrades

PAGS has been the subject of several research reports. The Goldman Sachs Group dropped their price target on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Cantor Fitzgerald upgraded PagSeguro Digital to a “strong-buy” rating in a report on Thursday, October 3rd. Citigroup reiterated a “neutral” rating and issued a $7.00 price objective (down previously from $17.00) on shares of PagSeguro Digital in a research note on Thursday, January 16th. JPMorgan Chase & Co. cut their target price on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Finally, Bank of America reiterated a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.18.

PagSeguro Digital Price Performance

Shares of PAGS opened at $7.63 on Friday. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.98. The stock has a market cap of $2.51 billion, a PE ratio of 6.30, a price-to-earnings-growth ratio of 0.41 and a beta of 1.94. The firm has a fifty day moving average price of $6.85 and a 200 day moving average price of $8.97.

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 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.