Jefferies Financial Group Inc. Takes $6.58 Million Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Jefferies Financial Group Inc. purchased a new stake in PagSeguro Digital Ltd. (NYSE:PAGS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,050,651 shares of the company’s stock, valued at approximately $6,577,000.

A number of other large investors have also added to or reduced their stakes in the business. Truvestments Capital LLC raised its stake in PagSeguro Digital by 8.4% in the 4th quarter. Truvestments Capital LLC now owns 23,202 shares of the company’s stock valued at $145,000 after acquiring an additional 1,792 shares during the period. LPL Financial LLC raised its stake in PagSeguro Digital by 14.2% in the 4th quarter. LPL Financial LLC now owns 33,534 shares of the company’s stock valued at $210,000 after acquiring an additional 4,165 shares during the period. Signaturefd LLC raised its stake in PagSeguro Digital by 1,306.5% in 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. Virtu Financial LLC raised its stake in PagSeguro Digital by 37.4% in the 4th quarter. Virtu Financial LLC now owns 15,672 shares of the company’s stock valued at $98,000 after acquiring an additional 4,268 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in PagSeguro Digital by 6.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 72,915 shares of the company’s stock valued at $457,000 after acquiring an additional 4,662 shares during the period. Institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Price Performance

PAGS stock opened at $9.85 on Monday. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 0.51 and a beta of 1.70. The business’s fifty day moving average price is $8.50 and its two-hundred day moving average price is $7.73. PagSeguro Digital Ltd. has a fifty-two week low of $6.11 and a fifty-two week high of $14.82.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings results on Friday, February 21st. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. The company had revenue of $875.27 million for the quarter, compared to analysts’ expectations of $872.66 million. Research analysts expect that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PAGS shares. Barclays dropped their price target on PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 23rd. Citigroup upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has issued 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 price target of $11.88.

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.