PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Rating of “Hold” by Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGS) have earned a consensus rating of “Hold” from the eight research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $12.00.

A number of analysts recently issued reports on PAGS shares. Weiss Ratings reissued a “hold (c+)” rating on shares of PagSeguro Digital in a report on Friday, May 8th. JPMorgan Chase & Co. dropped their price objective on PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Wall Street Zen cut PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Autonomous Res cut PagSeguro Digital from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th.

PagSeguro Digital Price Performance

Shares of NYSE PAGS opened at $8.94 on Monday. PagSeguro Digital has a one year low of $7.74 and a one year high of $12.32. The business’s fifty day moving average price is $9.82 and its 200-day moving average price is $10.11. The stock has a market capitalization of $2.50 billion, a PE ratio of 6.58, a P/E/G ratio of 0.36 and a beta of 1.34.

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

Insider Transactions at PagSeguro Digital

In related news, Director Luis Frias acquired 498,500 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The shares were acquired at an average price of $9.96 per share, with a total value 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. This trade represents a 22.92% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 value of $2,252,000.00. Following the sale, the director directly owned 607,390 shares in the company, valued at $6,839,211.40. This trade represents a 24.77% decrease in their position. The disclosure for this sale is available in the SEC filing.

Institutional Trading of PagSeguro Digital

A number of large investors have recently modified their holdings of PAGS. Caitong International Asset Management Co. Ltd boosted its position in shares of PagSeguro Digital by 77.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company’s stock valued at $40,000 after acquiring an additional 1,821 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of 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 acquiring an additional 1,249 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of PagSeguro Digital during the 4th quarter valued at about $45,000. Meeder Asset Management Inc. bought a new stake in shares of PagSeguro Digital during the 4th quarter valued at about $53,000. Finally, CWM LLC boosted its position in shares of PagSeguro Digital by 50.4% during the 4th quarter. CWM LLC now owns 7,902 shares of the company’s stock valued at $76,000 after acquiring an additional 2,647 shares during the last quarter. Institutional investors own 45.88% of the company’s stock.

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.