PagSeguro Digital Target of Unusually High Options Trading (NYSE:PAGS)

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) saw unusually large options trading activity on Tuesday. Traders acquired 11,864 call options on the stock. This represents an increase of 392% compared to the average volume of 2,409 call options.

Analyst Ratings Changes

PAGS has been the subject of several recent research reports. Citigroup raised PagSeguro Digital from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. Barclays reduced their price target on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $11.88.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Sylebra Capital LLC increased its holdings in shares of PagSeguro Digital by 53.0% in the fourth quarter. Sylebra Capital LLC now owns 12,143,691 shares of the company's stock valued at $76,020,000 after purchasing an additional 4,208,192 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in PagSeguro Digital by 16.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company's stock worth $39,770,000 after buying an additional 874,777 shares during the period. Millennium Management LLC lifted its holdings in shares of PagSeguro Digital by 870.4% during the fourth quarter. Millennium Management LLC now owns 6,271,376 shares of the company's stock worth $39,259,000 after buying an additional 5,625,121 shares in the last quarter. Marshall Wace LLP boosted its position in shares of PagSeguro Digital by 307.4% in the fourth quarter. Marshall Wace LLP now owns 4,459,616 shares of the company's stock valued at $27,917,000 after acquiring an additional 3,364,926 shares during the period. Finally, SPX Gestao de Recursos Ltda acquired a new position in shares of PagSeguro Digital in the third quarter valued at about $38,151,000. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Price Performance

NYSE PAGS traded up $0.26 on Friday, hitting $9.87. 4,434,587 shares of the stock were exchanged, compared to its average volume of 4,681,038. The company has a market capitalization of $3.25 billion, a PE ratio of 8.16, a P/E/G ratio of 0.51 and a beta of 1.85. The business's fifty day moving average is $8.08 and its 200 day moving average is $7.63. PagSeguro Digital has a 52 week low of $6.11 and a 52 week high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its earnings results on Friday, February 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.05. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The company had revenue of $875.27 million for the quarter, compared to analysts' expectations of $872.66 million. Analysts predict that PagSeguro Digital will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Company 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.