1,050,651 Shares in PagSeguro Digital Ltd. (NYSE:PAGS) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGSFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and 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 approximately 0.32% of PagSeguro Digital as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Signaturefd LLC increased its stake 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 purchasing an additional 4,233 shares in the last quarter. Advisory Services Network LLC bought a new stake in PagSeguro Digital during the 4th quarter worth approximately $66,000. Raymond James Financial Inc. bought a new stake in PagSeguro Digital during the 4th quarter worth approximately $79,000. Virtu Financial LLC increased its stake in PagSeguro Digital by 37.4% during the 4th quarter. Virtu Financial LLC now owns 15,672 shares of the company’s stock worth $98,000 after purchasing an additional 4,268 shares in the last quarter. Finally, Cresset Asset Management LLC bought a new stake in PagSeguro Digital during the 4th quarter worth approximately $98,000. 45.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PAGS. Barclays lowered their target price on PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, April 23rd. Citigroup raised PagSeguro Digital from a “neutral” rating to a “buy” rating and upped their price target for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $11.88.

Check Out Our Latest Analysis on PagSeguro Digital

PagSeguro Digital Stock Down 1.2%

NYSE:PAGS opened at $9.85 on Monday. PagSeguro Digital Ltd. has a twelve month low of $6.11 and a twelve month high of $14.82. The business has a 50 day moving average price of $8.50 and a two-hundred day moving average price of $7.73. The company has a market cap of $3.25 billion, a P/E ratio of 8.14, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70.

PagSeguro Digital (NYSE:PAGSGet Free Report) last released its quarterly earnings data on Friday, February 21st. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05. The company had revenue of $875.27 million during the quarter, compared to the consensus estimate of $872.66 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. As a group, analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Profile

(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.

Further Reading

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Institutional Ownership by Quarter for PagSeguro Digital (NYSE:PAGS)

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