SG Americas Securities LLC raised its position in shares of PagSeguro Digital Ltd (NYSE:PAGS) by 671.6% in the second quarter, HoldingsChannel reports. The firm owned 83,042 shares of the company’s stock after acquiring an additional 72,280 shares during the period. SG Americas Securities LLC’s holdings in PagSeguro Digital were worth $3,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of PagSeguro Digital in the 4th quarter worth approximately $262,000. Legal & General Group Plc grew its position in PagSeguro Digital by 7.1% in the fourth quarter. Legal & General Group Plc now owns 48,683 shares of the company’s stock worth $912,000 after acquiring an additional 3,234 shares in the last quarter. Toth Financial Advisory Corp grew its position in PagSeguro Digital by 5,275.0% in the first quarter. Toth Financial Advisory Corp now owns 10,750 shares of the company’s stock worth $321,000 after acquiring an additional 10,550 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in PagSeguro Digital in the first quarter worth approximately $28,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in PagSeguro Digital in the first quarter worth approximately $90,000.

Several research firms recently issued reports on PAGS. KeyCorp upped their price objective on shares of PagSeguro Digital from $36.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, August 8th. They noted that the move was a valuation call. Credit Suisse Group raised shares of PagSeguro Digital from an “underperform” rating to a “neutral” rating in a report on Monday, July 22nd. Goldman Sachs Group initiated coverage on shares of PagSeguro Digital in a research note on Monday, June 10th. They set a “buy” rating and a $40.00 target price for the company. Guggenheim upped their target price on shares of PagSeguro Digital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, July 12th. Finally, Deutsche Bank upped their target price on shares of PagSeguro Digital from $40.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. PagSeguro Digital has a consensus rating of “Hold” and an average target price of $39.89.

NYSE:PAGS opened at $46.80 on Wednesday. The firm has a market cap of $15.34 billion, a PE ratio of 53.18, a P/E/G ratio of 1.48 and a beta of 0.69. PagSeguro Digital Ltd has a one year low of $17.02 and a one year high of $48.88. The firm’s fifty day moving average is $43.65.

PagSeguro Digital (NYSE:PAGS) last released its earnings results on Tuesday, May 14th. The company reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.76. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.26 billion. PagSeguro Digital had a net margin of 23.00% and a return on equity of 18.15%. The firm’s revenue was up 34.8% on a year-over-year basis. On average, equities research analysts anticipate that PagSeguro Digital Ltd will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Profile

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

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