Empirical Financial Services LLC d.b.a. Empirical Wealth Management Makes New Investment in PagSeguro Digital Ltd. $PAGS

Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 49,098 shares of the company’s stock, valued at approximately $473,000.

Several other institutional investors have also modified their holdings of the business. GAMMA Investing LLC grew its position in shares of PagSeguro Digital by 37.0% in the 4th quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock valued at $45,000 after purchasing an additional 1,249 shares during the period. Farther Finance Advisors LLC bought a new stake in PagSeguro Digital during the 3rd quarter worth approximately $46,000. Versant Capital Management Inc raised its holdings in PagSeguro Digital by 114.1% during the 3rd quarter. Versant Capital Management Inc now owns 5,156 shares of the company’s stock worth $52,000 after buying an additional 2,748 shares during the period. CWM LLC raised its holdings in PagSeguro Digital by 29.0% during the 3rd quarter. CWM LLC now owns 5,255 shares of the company’s stock worth $53,000 after buying an additional 1,182 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in PagSeguro Digital by 93.4% in the second quarter. Osaic Holdings Inc. now owns 7,891 shares of the company’s stock valued at $76,000 after buying an additional 3,810 shares in the last quarter. Institutional investors own 45.88% of the company’s stock.

Insider Buying and Selling

In other PagSeguro Digital news, Director Luis Frias bought 498,500 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The stock was acquired at an average price of $9.96 per share, with a total value of $4,965,060.00. Following the completion of the transaction, the director owned 2,673,605 shares in the company, valued at approximately $26,629,105.80. This trade represents a 22.92% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

PagSeguro Digital Stock Performance

Shares of PagSeguro Digital stock opened at $10.35 on Monday. The firm has a market cap of $3.41 billion, a PE ratio of 8.08, a P/E/G ratio of 0.42 and a beta of 1.42. The business’s 50 day simple moving average is $10.50 and its 200 day simple moving average is $10.02. PagSeguro Digital Ltd. has a 52-week low of $7.36 and a 52-week high of $12.32.

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

PagSeguro Digital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, April 22nd will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $1.04 annualized dividend and a yield of 10.1%. PagSeguro Digital’s dividend payout ratio is presently 10.94%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen cut shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. UBS Group raised their price objective on shares of 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 reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a research report on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $11.86.

PagSeguro Digital 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.