Jefferies Financial Group Inc. bought a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,050,651 shares of the company's stock, valued at approximately $6,577,000. Jefferies Financial Group Inc. owned about 0.32% of PagSeguro Digital at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Signaturefd LLC lifted its stake in PagSeguro Digital by 1,306.5% during the fourth 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 last quarter. State of Wyoming lifted its stake in PagSeguro Digital by 32.8% during the fourth quarter. State of Wyoming now owns 6,436 shares of the company's stock valued at $40,000 after purchasing an additional 1,591 shares during the last quarter. Advisory Services Network LLC acquired a new stake in PagSeguro Digital during the fourth quarter valued at approximately $66,000. Raymond James Financial Inc. acquired a new stake in PagSeguro Digital during the fourth quarter valued at approximately $79,000. Finally, Wexford Capital LP acquired a new stake in PagSeguro Digital during the fourth quarter valued at approximately $90,000. 45.88% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms recently commented on PAGS. Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and increased their target price for the company from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Susquehanna cut their target price on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research note on Wednesday, May 14th. Finally, Barclays cut their target price on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, PagSeguro Digital currently has a consensus rating of "Moderate Buy" and an average target price of $11.63.
Check Out Our Latest Research Report on PagSeguro Digital
PagSeguro Digital Price Performance
PagSeguro Digital stock traded up $0.37 during midday trading on Friday, reaching $8.95. The stock had a trading volume of 8,197,826 shares, compared to its average volume of 5,006,445. The firm's fifty day simple moving average is $8.84 and its two-hundred day simple moving average is $7.82. PagSeguro Digital Ltd. has a twelve month low of $6.11 and a twelve month high of $14.82. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 7.40, a PEG ratio of 0.51 and a beta of 1.70.
PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.02. The firm had revenue of $857.50 million during the quarter, compared to analyst estimates of $914.45 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. As a group, sell-side analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.
PagSeguro Digital Announces Dividend
The business also recently announced a -- dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, May 23rd. PagSeguro Digital's dividend payout ratio (DPR) is currently 11.48%.
PagSeguro Digital Company Profile
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Free Report)
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.
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