Jefferies Financial Group Inc. purchased a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,050,651 shares of the company's stock, valued at approximately $6,577,000. Jefferies Financial Group Inc. owned approximately 0.32% of PagSeguro Digital at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Signaturefd LLC increased its holdings in PagSeguro Digital by 1,306.5% during the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company's stock worth $29,000 after acquiring an additional 4,233 shares during the period. State of Wyoming grew its position in shares of PagSeguro Digital by 32.8% during the 4th 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 in the last quarter. Advisory Services Network LLC bought a new position in shares of PagSeguro Digital in the fourth quarter worth $66,000. Raymond James Financial Inc. purchased a new stake in shares of PagSeguro Digital in the fourth quarter worth $79,000. Finally, Wexford Capital LP bought a new stake in PagSeguro Digital during the fourth quarter valued at $90,000. 45.88% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research firms have weighed in on PAGS. Susquehanna lowered their price target on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a report on Wednesday, May 14th. Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their target price for the company from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Finally, Barclays cut their price target 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 research analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $11.63.
Check Out Our Latest Report on PAGS
PagSeguro Digital Stock Performance
Shares of PAGS stock traded up $0.37 on Friday, hitting $8.95. 8,197,826 shares of the company's stock traded hands, compared to its average volume of 4,839,176. The company's fifty day simple moving average is $8.82 and its 200 day simple moving average is $7.82. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 7.40, a P/E/G ratio of 0.51 and a beta of 1.70.
PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The firm had revenue of $857.50 million for the quarter, compared to analysts' expectations of $914.45 million. As a group, sell-side analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.
PagSeguro Digital Announces Dividend
The firm also recently declared a -- dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be paid a $0.14 dividend. The ex-dividend date is Friday, May 23rd. PagSeguro Digital's payout ratio is 11.48%.
About PagSeguro Digital
(
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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