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

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

Several research analysts have recently weighed in on PAGS shares. Susquehanna increased their price target on PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a research note on Friday, November 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a report on Thursday, January 22nd. Finally, UBS Group increased their target price on shares of PagSeguro Digital from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th.

Institutional Investors Weigh In On PagSeguro Digital

Institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC boosted its holdings in shares of PagSeguro Digital by 6.6% in the second quarter. Acadian Asset Management LLC now owns 7,831,041 shares of the company’s stock worth $75,445,000 after acquiring an additional 485,575 shares during the period. Artemis Investment Management LLP lifted its holdings in PagSeguro Digital by 25.2% during the 4th quarter. Artemis Investment Management LLP now owns 6,764,422 shares of the company’s stock worth $65,209,000 after purchasing an additional 1,363,223 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in PagSeguro Digital by 108.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 6,610,914 shares of the company’s stock worth $63,729,000 after purchasing an additional 3,435,211 shares during the period. State Street Corp grew its holdings in PagSeguro Digital by 3.1% during the 4th quarter. State Street Corp now owns 4,617,616 shares of the company’s stock valued at $44,514,000 after buying an additional 139,227 shares in the last quarter. Finally, Polunin Capital Partners Ltd grew its holdings in PagSeguro Digital by 0.4% during the 4th quarter. Polunin Capital Partners Ltd now owns 4,450,160 shares of the company’s stock valued at $44,858,000 after buying an additional 16,700 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 0.3%

Shares of NYSE PAGS opened at $10.60 on Friday. The stock has a fifty day simple moving average of $10.53 and a two-hundred day simple moving average of $9.87. PagSeguro Digital has a 1-year low of $6.70 and a 1-year high of $12.32. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 0.44 and a beta of 1.40.

PagSeguro Digital Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, January 28th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio (DPR) is 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.