Sei Investments Co. grew its position in PagSeguro Digital Ltd (NYSE:PAGS) by 1,055.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,466,979 shares of the company’s stock after purchasing an additional 1,340,052 shares during the period. Sei Investments Co. owned approximately 1.19% of PagSeguro Digital worth $40,709,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westfield Capital Management Co. LP bought a new position in PagSeguro Digital in the 1st quarter worth about $253,000. JPMorgan Chase & Co. bought a new position in PagSeguro Digital in the 1st quarter worth about $270,000. Quadrature Capital Ltd bought a new position in PagSeguro Digital in the 1st quarter worth about $275,000. Gerber Kawasaki Wealth & Investment Management bought a new position in PagSeguro Digital in the 1st quarter worth about $278,000. Finally, Hilltop Holdings Inc. bought a new position in PagSeguro Digital in the 1st quarter worth about $283,000. Hedge funds and other institutional investors own 93.38% of the company’s stock.
PagSeguro Digital stock opened at $28.59 on Friday. The company has a market capitalization of $3.32 billion and a PE ratio of 50.16. PagSeguro Digital Ltd has a 12-month low of $24.57 and a 12-month high of $39.97.
About PagSeguro Digital
PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end 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; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.
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