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

PagSeguro Digital Ltd. (NYSE:PAGS) has been given a consensus recommendation of “Hold” by the eight research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $12.00.

Several research firms have recently weighed in on PAGS. Wall Street Zen lowered shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. JPMorgan Chase & Co. decreased their target price on PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of PagSeguro Digital in a research report on Friday, May 8th. Finally, Autonomous Res downgraded PagSeguro Digital from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th.

Insider Transactions at PagSeguro Digital

In other news, Director Alexandre Mr Magnani sold 200,000 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $11.26, for a total transaction of $2,252,000.00. Following the transaction, the director owned 607,390 shares of the company’s stock, valued at approximately $6,839,211.40. This represents a 24.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Luis Frias purchased 498,500 shares of the stock in a transaction on Friday, March 27th. The shares were bought at an average price of $9.96 per share, for a total transaction of $4,965,060.00. Following the acquisition, the director owned 2,673,605 shares of the company’s stock, valued at approximately $26,629,105.80. The trade was a 22.92% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Investors Weigh In On PagSeguro Digital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Unison Advisors LLC grew its position in PagSeguro Digital by 1.3% in the 4th quarter. Unison Advisors LLC now owns 75,921 shares of the company’s stock worth $732,000 after purchasing an additional 995 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of PagSeguro Digital by 37.0% in the 4th quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock valued at $45,000 after purchasing an additional 1,249 shares during the period. DGS Capital Management LLC raised its stake in PagSeguro Digital by 8.7% during the fourth 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 in the last quarter. Mariner LLC increased its position in shares of PagSeguro Digital by 6.0% during the 4th quarter. Mariner LLC now owns 26,406 shares of the company’s stock worth $255,000 after purchasing an additional 1,488 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in shares of PagSeguro Digital by 4.4% during the fourth quarter. Handelsbanken Fonder AB now owns 42,628 shares of the company’s stock worth $411,000 after buying an additional 1,800 shares in the last quarter. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Stock Down 0.1%

PAGS stock opened at $8.53 on Monday. The company has a 50-day simple moving average of $9.94 and a 200 day simple moving average of $10.15. The company has a market capitalization of $2.38 billion, a P/E ratio of 6.27, a PEG ratio of 0.34 and a beta of 1.33. PagSeguro Digital has a fifty-two week low of $7.74 and a fifty-two week high of $12.32.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The company had revenue of $642.01 million for the quarter, compared to analyst estimates of $952.64 million. PagSeguro Digital had a net margin of 10.40% and a return on equity of 16.44%. Equities analysts anticipate that PagSeguro Digital will post 1.7 EPS for the current year.

PagSeguro Digital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, April 22nd were issued a $0.26 dividend. The ex-dividend date was Wednesday, April 22nd. This represents a $1.04 dividend on an annualized basis and a yield of 12.2%. PagSeguro Digital’s dividend payout ratio is currently 76.47%.

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.