PagSeguro Digital Ltd. (NYSE:PAGS) Given Consensus Rating of "Moderate Buy" by Brokerages

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the thirteen research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $13.18.

Several equities analysts have recently commented on the company. Itau BBA Securities lowered PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price target on the stock. in a research note on Tuesday, October 1st. Citigroup reaffirmed a "neutral" rating and issued a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. Cantor Fitzgerald raised PagSeguro Digital to a "strong-buy" rating in a research report on Thursday, October 3rd. Susquehanna dropped their price objective on PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating on the stock in a report on Monday, November 18th. Finally, KeyCorp upgraded PagSeguro Digital to a "hold" rating in a report on Friday, November 15th.

PagSeguro Digital Trading Up 1.0 %

NYSE:PAGS traded up $0.07 during trading hours on Friday, hitting $6.70. The company had a trading volume of 5,349,898 shares, compared to its average volume of 4,216,667. The company has a 50-day moving average of $6.90 and a 200 day moving average of $9.17. The company has a market cap of $2.21 billion, a P/E ratio of 5.53, a P/E/G ratio of 0.41 and a beta of 1.94. PagSeguro Digital has a 1 year low of $6.11 and a 1 year high of $14.98.

Institutional Trading of PagSeguro Digital

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC acquired a new stake in shares of PagSeguro Digital in the 2nd quarter valued at approximately $74,000. Quarry LP raised its holdings in PagSeguro Digital by 156.2% during the second quarter. Quarry LP now owns 6,242 shares of the company's stock worth $73,000 after purchasing an additional 3,806 shares during the last quarter. GW Henssler & Associates Ltd. acquired a new position in PagSeguro Digital during the third quarter worth $87,000. Point72 Hong Kong Ltd raised its holdings in PagSeguro Digital by 34.6% during the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company's stock worth $93,000 after purchasing an additional 2,767 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in PagSeguro Digital during the third quarter worth $98,000. 45.88% of the stock is owned by institutional investors and hedge funds.

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.