Atlas Capital Advisors LLC Has $499,000 Stock Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Atlas Capital Advisors LLC increased its position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 602.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,937 shares of the company’s stock after buying an additional 29,962 shares during the quarter. Atlas Capital Advisors LLC’s holdings in PagSeguro Digital were worth $499,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Nisa Investment Advisors LLC grew its holdings in PagSeguro Digital by 34.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,140 shares of the company’s stock worth $64,000 after acquiring an additional 1,330 shares during the period. Canton Hathaway LLC acquired a new position in shares of PagSeguro Digital in the 4th quarter valued at $69,000. Principal Securities Inc. acquired a new position in shares of PagSeguro Digital in the 4th quarter valued at $69,000. Neo Ivy Capital Management acquired a new position in shares of PagSeguro Digital in the 3rd quarter valued at $100,000. Finally, Confluence Investment Management LLC acquired a new position in shares of PagSeguro Digital in the 1st quarter valued at $149,000. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Price Performance

NYSE:PAGS traded up $0.07 on Tuesday, hitting $11.18. 2,640,406 shares of the company’s stock were exchanged, compared to its average volume of 3,111,795. The firm has a 50-day moving average price of $12.10 and a 200-day moving average price of $12.65. The company has a market cap of $3.69 billion, a P/E ratio of 10.07, a price-to-earnings-growth ratio of 0.47 and a beta of 1.97. PagSeguro Digital Ltd. has a 52 week low of $6.93 and a 52 week high of $14.98.

PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Friday, May 24th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $869.86 million for the quarter, compared to analysts’ expectations of $679.16 million. PagSeguro Digital had a net margin of 10.70% and a return on equity of 14.51%. On average, research analysts expect that PagSeguro Digital Ltd. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PAGS has been the subject of several research analyst reports. New Street Research raised shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and boosted their price target for the company from $15.00 to $18.00 in a report on Monday, March 18th. Citigroup boosted their price target on shares of PagSeguro Digital from $13.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, March 20th. Evercore ISI raised shares of PagSeguro Digital from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $12.00 to $18.00 in a research note on Tuesday, March 26th. Barclays upped their target price on shares of PagSeguro Digital from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, April 29th. Finally, JPMorgan Chase & Co. upped their target price on shares of PagSeguro Digital from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, June 17th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, PagSeguro Digital has an average rating of “Moderate Buy” and an average price target of $16.10.

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.