UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in PagSeguro Digital Ltd. (NYSE:PAGS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 98.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,300 shares of the company’s stock after selling 650,604 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in PagSeguro Digital were worth $83,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Signaturefd LLC raised its position in shares of PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company’s stock worth $29,000 after acquiring an additional 4,233 shares in the last quarter. State of Wyoming grew its stake in PagSeguro Digital by 32.8% in the fourth quarter. State of Wyoming now owns 6,436 shares of the company’s stock valued at $40,000 after purchasing an additional 1,591 shares during the last quarter. Advisory Services Network LLC purchased a new position in PagSeguro Digital in the fourth quarter valued at about $66,000. Raymond James Financial Inc. bought a new position in PagSeguro Digital in the fourth quarter worth about $79,000. Finally, Wexford Capital LP purchased a new stake in shares of PagSeguro Digital during the fourth quarter valued at about $90,000. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 6.5%

NYSE PAGS opened at $8.52 on Friday. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $14.82. The company has a fifty day simple moving average of $9.00 and a two-hundred day simple moving average of $7.89. The stock has a market cap of $2.81 billion, a P/E ratio of 7.04, a P/E/G ratio of 0.51 and a beta of 1.58.

PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Wednesday, May 14th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. The company had revenue of $857.50 million during the quarter, compared to analyst estimates of $914.45 million. As a group, sell-side analysts forecast that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

PagSeguro Digital Announces Dividend

The company also recently disclosed a — dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 23rd were issued a $0.14 dividend. The ex-dividend date was Friday, May 23rd. PagSeguro Digital’s dividend payout ratio is presently 11.48%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on PAGS. Barclays cut their price objective on shares of PagSeguro Digital from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 23rd. Citigroup raised shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $7.00 to $10.00 in a report on Tuesday, April 22nd. Finally, Susquehanna decreased their price objective on PagSeguro Digital from $16.00 to $14.00 and set a “positive” rating for the company in a report on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.63.

PagSeguro Digital Profile

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.