PagSeguro Digital Ltd. (NYSE:PAGS) Receives Consensus Recommendation of “Hold” from Brokerages

PagSeguro Digital Ltd. (NYSE:PAGSGet Free Report) has earned a consensus rating of “Hold” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $12.00.

Several research firms recently weighed in on PAGS. UBS Group lifted their price target on PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Wall Street Zen lowered PagSeguro Digital from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings restated a “hold (c+)” rating on shares of PagSeguro Digital in a research report on Friday, May 8th. JPMorgan Chase & Co. dropped their price target on PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Finally, Autonomous Res lowered PagSeguro Digital from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th.

View Our Latest Stock Analysis on PAGS

Insider Activity at PagSeguro Digital

In other PagSeguro Digital news, Director Alexandre Mr Magnani sold 200,000 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $11.26, for a total value of $2,252,000.00. Following the sale, the director directly owned 607,390 shares of the company’s stock, valued at approximately $6,839,211.40. The trade was a 24.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Luis Frias bought 498,500 shares of the company’s stock in a transaction on Friday, March 27th. The stock was bought at an average cost of $9.96 per share, for a total transaction of $4,965,060.00. Following the completion of the acquisition, the director directly owned 2,673,605 shares of the company’s stock, valued at approximately $26,629,105.80. This represents a 22.92% increase in their position. The SEC filing for this purchase provides additional information.

Institutional Investors Weigh In On PagSeguro Digital

Hedge funds have recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. boosted its holdings 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 acquiring an additional 3,435,211 shares in the last quarter. Causeway Capital Management LLC boosted its holdings in PagSeguro Digital by 44.6% in the third quarter. Causeway Capital Management LLC now owns 3,892,125 shares of the company’s stock worth $38,921,000 after acquiring an additional 1,200,587 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC bought a new stake in PagSeguro Digital in the third quarter worth $3,864,000. Principal Financial Group Inc. boosted its holdings in PagSeguro Digital by 43.9% in the third quarter. Principal Financial Group Inc. now owns 788,922 shares of the company’s stock worth $7,889,000 after acquiring an additional 240,846 shares in the last quarter. Finally, Segall Bryant & Hamill LLC bought a new stake in PagSeguro Digital in the third quarter worth $1,675,000. 45.88% of the stock is owned by institutional investors.

PagSeguro Digital Stock Performance

Shares of PAGS stock opened at $9.34 on Thursday. The firm has a market cap of $2.61 billion, a P/E ratio of 6.87, a P/E/G ratio of 0.36 and a beta of 1.37. PagSeguro Digital has a fifty-two week low of $7.74 and a fifty-two week high of $12.32. The business’s 50 day moving average price is $10.09 and its 200-day moving average price is $10.17.

PagSeguro Digital (NYSE:PAGSGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). PagSeguro Digital had a net margin of 10.40% and a return on equity of 16.44%. The firm had revenue of $642.01 million for the quarter, compared to the consensus estimate of $952.64 million. As a group, equities analysts predict that PagSeguro Digital will post 1.68 EPS for the current year.

PagSeguro Digital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, April 22nd will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $1.04 annualized dividend and a dividend yield of 11.1%. PagSeguro Digital’s payout ratio is currently 76.47%.

PagSeguro Digital Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for PagSeguro Digital (NYSE:PAGS)

Receive News & Ratings for PagSeguro Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PagSeguro Digital and related companies with MarketBeat.com's FREE daily email newsletter.