PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Recommendation of “Moderate Buy” by Brokerages

PagSeguro Digital Ltd. (NYSE:PAGS) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $11.8571.

A number of equities research analysts have weighed in on the company. UBS Group boosted their price objective on PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a report on Thursday, January 22nd. Finally, Wall Street Zen cut shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th.

PagSeguro Digital Stock Performance

PAGS opened at $9.97 on Wednesday. PagSeguro Digital has a one year low of $7.36 and a one year high of $12.32. The stock has a market capitalization of $3.28 billion, a P/E ratio of 7.79, a price-to-earnings-growth ratio of 0.41 and a beta of 1.38. The business’s 50-day simple moving average is $10.54 and its 200-day simple moving average is $10.01.

PagSeguro Digital (NYSE:PAGS) last announced its earnings results on Wednesday, March 4th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $991.79 million during the quarter, compared to analysts’ expectations of $1.03 billion. PagSeguro Digital had a return on equity of 16.20% and a net margin of 10.37%. On average, equities research analysts forecast that PagSeguro Digital will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, April 22nd will be paid a $0.26 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $1.04 dividend on an annualized basis and a yield of 10.4%. PagSeguro Digital’s payout ratio is currently 10.94%.

Institutional Investors Weigh In On PagSeguro Digital

Several hedge funds have recently made changes to their positions in PAGS. Unison Advisors LLC grew its holdings in shares of PagSeguro Digital by 1.3% during the fourth quarter. Unison Advisors LLC now owns 75,921 shares of the company’s stock worth $732,000 after buying an additional 995 shares during the last quarter. CWM LLC raised its stake in PagSeguro Digital by 29.0% during the 3rd quarter. CWM LLC now owns 5,255 shares of the company’s stock valued at $53,000 after acquiring an additional 1,182 shares during the last quarter. GAMMA Investing LLC lifted its position in PagSeguro Digital by 37.0% during the 4th quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock worth $45,000 after acquiring an additional 1,249 shares during the period. DGS Capital Management LLC lifted its position in PagSeguro Digital by 8.7% during the 4th quarter. DGS Capital Management LLC now owns 15,814 shares of the company’s stock worth $152,000 after acquiring an additional 1,271 shares during the period. Finally, Rhumbline Advisers grew its stake in shares of PagSeguro Digital by 0.5% in the 2nd quarter. Rhumbline Advisers now owns 275,244 shares of the company’s stock valued at $2,653,000 after purchasing an additional 1,367 shares during the last quarter. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Company Profile

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.