SG Americas Securities LLC Invests $329,000 in PagSeguro Digital Ltd. (NYSE:PAGS)

SG Americas Securities LLC purchased a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 43,075 shares of the company's stock, valued at approximately $329,000.

A number of other large investors also recently bought and sold shares of PAGS. Signaturefd LLC lifted its position in PagSeguro Digital by 1,306.5% during the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company's stock valued at $29,000 after acquiring an additional 4,233 shares during the period. State of Wyoming grew its stake in shares of PagSeguro Digital by 32.8% in the fourth quarter. State of Wyoming now owns 6,436 shares of the company's stock worth $40,000 after acquiring an additional 1,591 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of PagSeguro Digital by 166.9% in the first quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company's stock worth $51,000 after acquiring an additional 4,180 shares during the period. Advisory Services Network LLC bought a new stake in shares of PagSeguro Digital in the fourth quarter worth approximately $66,000. Finally, Raymond James Financial Inc. bought a new stake in shares of PagSeguro Digital in the fourth quarter worth approximately $79,000. 45.88% of the stock is owned by hedge funds and other institutional investors.

PagSeguro Digital Stock Up 0.3%

NYSE:PAGS traded up $0.03 during trading hours on Friday, hitting $9.40. 5,358,670 shares of the stock traded hands, compared to its average volume of 5,306,089. PagSeguro Digital Ltd. has a 1 year low of $6.11 and a 1 year high of $14.82. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 7.70, a price-to-earnings-growth ratio of 0.66 and a beta of 1.59. The stock has a 50 day moving average price of $9.22 and a 200 day moving average price of $8.04.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. PagSeguro Digital had a net margin of 11.15% and a return on equity of 15.43%. The firm had revenue of $857.50 million for the quarter, compared to the consensus estimate of $914.45 million. Equities analysts forecast that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Cuts Dividend

The business also recently announced a -- dividend, which will be paid on Friday, August 15th. Stockholders of record on Wednesday, July 16th will be issued a $0.12 dividend. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, July 16th. PagSeguro Digital's dividend payout ratio (DPR) is presently 11.48%.

Analyst Ratings Changes

PAGS has been the subject of a number of research analyst reports. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Barclays reduced 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. Finally, 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 report on Wednesday, May 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $11.63.

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.