Brokerages Set PagSeguro Digital Ltd. (NYSE:PAGS) Target Price at $11.86

PagSeguro Digital Ltd. (NYSE:PAGS) has received an average recommendation of “Moderate Buy” from the nine analysts that are covering the company, 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 objective among brokers that have updated their coverage on the stock in the last year is $11.8571.

A number of brokerages have commented on PAGS. UBS Group upped their price objective on PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Wall Street Zen downgraded PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of PagSeguro Digital in a research report on Thursday, January 22nd. Finally, Susquehanna upped 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.

Institutional Investors Weigh In On PagSeguro Digital

Several institutional investors have recently made changes to their positions in PAGS. CWM LLC raised its holdings in PagSeguro Digital by 78.1% in the 2nd quarter. CWM LLC now owns 4,073 shares of the company’s stock valued at $39,000 after acquiring an additional 1,786 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings 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 worth $40,000 after purchasing an additional 1,821 shares in the last quarter. GAMMA Investing LLC increased its position in shares of PagSeguro Digital by 37.0% in the fourth quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock worth $45,000 after purchasing an additional 1,249 shares during the period. Atlas Capital Advisors Inc. bought a new position in shares of PagSeguro Digital in the fourth quarter worth $45,000. Finally, Farther Finance Advisors LLC acquired a new position in PagSeguro Digital in the third quarter valued at about $46,000. 45.88% of the stock is currently owned by institutional investors.

PagSeguro Digital Price Performance

PagSeguro Digital stock traded down $0.21 during trading hours on Friday, hitting $9.89. The company had a trading volume of 3,965,272 shares, compared to its average volume of 4,169,382. The firm has a 50-day moving average of $10.58 and a 200 day moving average of $9.91. The firm has a market cap of $3.26 billion, a PE ratio of 7.72, a PEG ratio of 0.42 and a beta of 1.38. PagSeguro Digital has a one year low of $7.16 and a one year high of $12.32.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings data on Wednesday, March 4th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. PagSeguro Digital had a return on equity of 16.20% and a net margin of 10.37%.The company had revenue of $991.79 million during the quarter, compared to analysts’ expectations of $1.03 billion. As a group, research analysts expect that PagSeguro Digital will post 1.17 earnings per share for the current year.

PagSeguro Digital Announces Dividend

The firm also recently declared a special dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, January 28th were given a $0.12 dividend. The ex-dividend date was Wednesday, January 28th. PagSeguro Digital’s payout ratio is presently 10.85%.

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.