Truffle Hound Capital LLC Acquires New Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Truffle Hound Capital LLC acquired a new stake in PagSeguro Digital Ltd. (NYSE:PAGS) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 800,000 shares of the company’s stock, valued at approximately $5,008,000. PagSeguro Digital accounts for about 1.8% of Truffle Hound Capital LLC’s investment portfolio, making the stock its 17th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Signaturefd LLC grew its position in shares of PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock valued at $29,000 after purchasing an additional 4,233 shares during the period. Raymond James Financial Inc. acquired a new position in shares of PagSeguro Digital in the 4th quarter valued at approximately $79,000. Point72 Hong Kong Ltd grew its position in shares of PagSeguro Digital by 34.6% in the 3rd 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 3rd quarter valued at approximately $98,000. Finally, Xponance Inc. boosted its position in PagSeguro Digital by 37.8% during the 4th quarter. Xponance Inc. now owns 17,105 shares of the company’s stock worth $107,000 after acquiring an additional 4,695 shares during the last quarter. 45.88% of the stock is currently owned by institutional investors and hedge funds.

PagSeguro Digital Trading Down 2.0 %

NYSE PAGS opened at $8.27 on Friday. The company has a market cap of $2.72 billion, a PE ratio of 6.83, a PEG ratio of 0.51 and a beta of 2.04. PagSeguro Digital Ltd. has a 12 month low of $6.11 and a 12 month high of $14.82. The stock has a 50 day moving average of $7.49 and a 200-day moving average of $7.76.

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. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. The business had revenue of $875.27 million for the quarter, compared to analysts’ expectations of $872.66 million. As a group, sell-side analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Bank of America reaffirmed a “neutral” rating on shares of PagSeguro Digital in a research report on Tuesday, December 10th. JPMorgan Chase & Co. reduced their price target on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, Citigroup reaffirmed a “neutral” rating and set a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, PagSeguro Digital has an average rating of “Moderate Buy” and a consensus price target of $12.33.

PagSeguro Digital 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.