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

PagSeguro Digital Ltd. (NYSE:PAGS) has earned an average rating of “Moderate Buy” from the nine brokerages that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $11.8571.

PAGS has been the topic of several analyst reports. Wall Street Zen lowered PagSeguro Digital from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. UBS Group raised their price target on shares of PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a research report on Thursday, January 22nd.

Hedge Funds Weigh In On PagSeguro Digital

Large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd boosted its position in shares of PagSeguro Digital by 77.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company’s stock worth $40,000 after purchasing an additional 1,821 shares in the last quarter. GAMMA Investing LLC increased 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 valued at $45,000 after buying an additional 1,249 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in PagSeguro Digital in the fourth quarter valued at about $45,000. Farther Finance Advisors LLC purchased a new stake in PagSeguro Digital in the third quarter valued at about $46,000. Finally, Virtus Advisers LLC acquired a new stake in PagSeguro Digital in the second quarter worth about $51,000. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Trading Up 3.1%

Shares of NYSE PAGS opened at $10.02 on Wednesday. PagSeguro Digital has a 12-month low of $7.36 and a 12-month high of $12.32. The stock’s fifty day simple moving average is $10.52 and its two-hundred day simple moving average is $10.02. The stock has a market capitalization of $3.30 billion, a PE ratio of 7.82, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38.

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

PagSeguro Digital Dividend Announcement

The company also recently announced 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. This represents a $1.04 annualized dividend and a yield of 10.4%. The ex-dividend date is Wednesday, April 22nd. PagSeguro Digital’s dividend payout ratio (DPR) is 10.94%.

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.