SG Americas Securities LLC Takes Position in PagSeguro Digital Ltd. (NYSE:PAGS)

SG Americas Securities LLC purchased a new stake in PagSeguro Digital Ltd. (NYSE:PAGS) in the 1st 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.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC boosted its position in PagSeguro Digital by 1,306.5% during the fourth 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. State of Wyoming boosted its position in PagSeguro Digital by 32.8% during the fourth quarter. State of Wyoming now owns 6,436 shares of the company’s stock worth $40,000 after purchasing an additional 1,591 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in PagSeguro Digital by 166.9% during the first quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company’s stock worth $51,000 after purchasing an additional 4,180 shares in the last quarter. Advisory Services Network LLC purchased a new stake in PagSeguro Digital during the fourth quarter worth $66,000. Finally, Raymond James Financial Inc. purchased a new stake in PagSeguro Digital during the fourth quarter worth $79,000. 45.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PAGS has been the topic of a number of research analyst reports. Barclays decreased their target price on PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 23rd. Susquehanna decreased their target price on PagSeguro Digital from $16.00 to $14.00 and set a “positive” rating on the stock in a research report on Wednesday, May 14th. Finally, Citigroup upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, PagSeguro Digital presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.63.

PagSeguro Digital Stock Down 3.2%

Shares of NYSE:PAGS opened at $9.64 on Thursday. PagSeguro Digital Ltd. has a 52-week low of $6.11 and a 52-week high of $14.82. The stock’s fifty day simple moving average is $9.19 and its 200-day simple moving average is $7.99. The company has a market capitalization of $3.18 billion, a P/E ratio of 7.90, a P/E/G ratio of 0.70 and a beta of 1.58.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. PagSeguro Digital had a return on equity of 15.43% and a net margin of 11.15%. The business had revenue of $857.50 million for the quarter, compared to the consensus estimate of $914.45 million. On average, sell-side analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

PagSeguro Digital Cuts Dividend

The firm also recently announced a — dividend, which will be paid on Friday, August 15th. Investors of record on Wednesday, July 16th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, July 16th. This represents a yield of 1.5%. PagSeguro Digital’s payout ratio is currently 11.48%.

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.