PagSeguro Digital Ltd. (NYSE:PAGS) Receives Average Rating of “Moderate Buy” from Analysts

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

A number of brokerages have recently issued reports on PAGS. The Goldman Sachs Group restated a “neutral” rating and issued a $9.00 target price (down previously from $12.00) on shares of PagSeguro Digital in a research note on Tuesday, October 14th. Susquehanna upped their price objective on PagSeguro Digital from $11.00 to $12.00 and gave the company a “positive” rating in a research note on Friday, November 14th. UBS Group increased their target price on PagSeguro Digital from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PagSeguro Digital in a report on Thursday, January 22nd.

Institutional Investors Weigh In On PagSeguro Digital

A number of institutional investors have recently modified their holdings of the business. Robeco Institutional Asset Management B.V. increased its position in PagSeguro Digital by 108.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 6,610,914 shares of the company’s stock worth $63,729,000 after buying an additional 3,435,211 shares during the period. Maple Rock Capital Partners Inc. bought a new position in shares of PagSeguro Digital during the third quarter worth about $28,011,000. Baupost Group LLC MA acquired a new stake in shares of PagSeguro Digital in the 2nd quarter worth about $24,100,000. Jacobs Levy Equity Management Inc. lifted its position in PagSeguro Digital by 5,302.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,156,848 shares of the company’s stock valued at $21,568,000 after purchasing an additional 2,116,925 shares during the last quarter. Finally, Orbis Allan Gray Ltd bought a new stake in PagSeguro Digital in the 2nd quarter valued at about $20,106,000. Institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Trading Up 3.5%

PAGS stock opened at $10.98 on Tuesday. The company has a market capitalization of $3.62 billion, a P/E ratio of 8.51, a PEG ratio of 0.45 and a beta of 1.40. The firm has a 50 day simple moving average of $10.29 and a 200-day simple moving average of $9.60. PagSeguro Digital has a twelve month low of $6.70 and a twelve month high of $12.32.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $937.15 million for the quarter, compared to the consensus estimate of $971.30 million. PagSeguro Digital had a net margin of 11.00% and a return on equity of 15.39%. On average, research analysts predict that PagSeguro Digital will post 1.17 EPS for the current year.

PagSeguro Digital Announces Dividend

The firm also recently announced a special dividend, which will be paid on Friday, February 27th. Shareholders of record on Wednesday, January 28th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio is 10.85%.

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.