American Century Companies Inc. Has $15.44 Million Stock Position in PagSeguro Digital Ltd. (NYSE:PAGS)

American Century Companies Inc. lifted its position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 251.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,320,420 shares of the company’s stock after acquiring an additional 944,660 shares during the quarter. American Century Companies Inc. owned approximately 0.40% of PagSeguro Digital worth $15,436,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PAGS. Headlands Technologies LLC bought a new stake in PagSeguro Digital during the 1st quarter worth about $30,000. Family Firm Inc. bought a new stake in shares of PagSeguro Digital during the second quarter worth approximately $50,000. Covestor Ltd lifted its holdings in PagSeguro Digital by 11,990.2% in the first quarter. Covestor Ltd now owns 4,957 shares of the company’s stock valued at $71,000 after buying an additional 4,916 shares during the period. Principal Securities Inc. acquired a new position in PagSeguro Digital in the fourth quarter valued at approximately $69,000. Finally, Nisa Investment Advisors LLC boosted its stake in PagSeguro Digital by 26.8% in the second quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company’s stock valued at $79,000 after acquiring an additional 1,421 shares during the last quarter. Institutional investors and hedge funds own 45.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Morgan Stanley reissued an “underweight” rating and issued a $6.50 price target (down previously from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th. The Goldman Sachs Group upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Wednesday, June 26th. UBS Group lowered their price target on PagSeguro Digital from $16.50 to $15.50 and set a “buy” rating for the company in a research note on Monday, July 8th. JPMorgan Chase & Co. lifted their price objective on shares of PagSeguro Digital from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, June 17th. Finally, Barclays decreased their price objective on shares of PagSeguro Digital from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, PagSeguro Digital currently has a consensus rating of “Moderate Buy” and an average price target of $15.11.

PagSeguro Digital Stock Performance

NYSE PAGS opened at $9.06 on Friday. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 8.16, a PEG ratio of 0.46 and a beta of 1.95. The business has a 50 day simple moving average of $11.72 and a 200 day simple moving average of $12.29. PagSeguro Digital Ltd. has a 52-week low of $6.93 and a 52-week high of $14.98.

PagSeguro Digital (NYSE:PAGS) last released its quarterly earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.01. PagSeguro Digital had a net margin of 10.93% and a return on equity of 14.97%. The company had revenue of $874.38 million during the quarter, compared to analysts’ expectations of $816.34 million. During the same quarter in the prior year, the company earned $0.26 earnings per share. On average, analysts predict that PagSeguro Digital Ltd. will post 1.19 EPS for the current year.

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.