PagSeguro Digital Ltd. (NYSE:PAGS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have been assigned a consensus rating of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $11.7143.

PAGS has been the subject of several analyst reports. The Goldman Sachs Group restated a “neutral” rating and issued a $9.00 target price (down from $12.00) on shares of PagSeguro Digital in a report on Tuesday, October 14th. Wall Street Zen lowered shares of PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 4th. Susquehanna increased their price target on shares of PagSeguro Digital from $11.00 to $12.00 and gave the company a “positive” rating in a research note on Friday, November 14th. Bank of America upgraded shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and lifted their price target for the company from $10.00 to $13.00 in a research report on Friday, September 19th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a research note on Wednesday, October 8th.

Hedge Funds Weigh In On PagSeguro Digital

A number of institutional investors and hedge funds have recently modified their holdings of the company. Maple Rock Capital Partners Inc. acquired a new position in shares of PagSeguro Digital during the 3rd quarter worth about $28,011,000. Baupost Group LLC MA acquired a new stake in PagSeguro Digital during the second quarter worth approximately $24,100,000. Jacobs Levy Equity Management Inc. lifted its position in shares of PagSeguro Digital by 5,302.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,156,848 shares of the company’s stock worth $21,568,000 after buying an additional 2,116,925 shares during the last quarter. Orbis Allan Gray Ltd acquired a new position in shares of PagSeguro Digital in the 2nd quarter valued at $20,106,000. Finally, HRT Financial LP grew its position in shares of PagSeguro Digital by 288.8% in the 2nd quarter. HRT Financial LP now owns 1,631,649 shares of the company’s stock valued at $15,729,000 after buying an additional 1,212,025 shares during the last quarter. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Stock Up 3.1%

Shares of NYSE PAGS opened at $9.92 on Friday. The firm has a 50-day simple moving average of $9.78 and a 200-day simple moving average of $9.33. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 7.69, a price-to-earnings-growth ratio of 0.43 and a beta of 1.41. PagSeguro Digital has a 52 week low of $6.11 and a 52 week high of $11.16.

PagSeguro Digital (NYSE:PAGS) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. PagSeguro Digital had a net margin of 11.00% and a return on equity of 15.39%. The company had revenue of $937.15 million during the quarter, compared to analysts’ expectations of $971.30 million. As a group, equities research analysts expect that PagSeguro Digital will post 1.17 EPS for the current year.

PagSeguro Digital Announces Dividend

The business also recently declared a special dividend, which will be paid on Friday, February 27th. Shareholders of record on Wednesday, January 28th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio is 10.85%.

About PagSeguro Digital

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.