Aurora Investment Counsel Purchases 39,697 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

Aurora Investment Counsel increased its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 19.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 247,732 shares of the company's stock after purchasing an additional 39,697 shares during the period. Aurora Investment Counsel owned approximately 0.08% of PagSeguro Digital worth $1,890,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PAGS. Raymond James Financial Inc. bought a new position in shares of PagSeguro Digital during the 4th quarter worth about $79,000. HighTower Advisors LLC acquired a new stake in PagSeguro Digital during the fourth quarter worth about $348,000. Catalyst Funds Management Pty Ltd bought a new position in PagSeguro Digital during the fourth quarter valued at about $440,000. Cibc World Markets Corp acquired a new position in PagSeguro Digital in the 4th quarter valued at approximately $110,000. Finally, Signaturefd LLC raised its holdings in PagSeguro Digital by 1,306.5% in the 4th quarter. Signaturefd LLC now owns 4,557 shares of the company's stock valued at $29,000 after acquiring an additional 4,233 shares in the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Price Performance

Shares of PAGS traded down $0.03 during trading hours on Monday, hitting $8.66. The stock had a trading volume of 3,817,252 shares, compared to its average volume of 5,202,720. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 7.10, a P/E/G ratio of 0.63 and a beta of 1.59. The company's fifty day moving average is $9.16 and its two-hundred day moving average is $8.23. PagSeguro Digital Ltd. has a 52 week low of $6.11 and a 52 week high of $14.82.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.02. PagSeguro Digital had a net margin of 11.15% and a return on equity of 15.43%. The firm had revenue of $857.50 million for the quarter, compared to analysts' expectations of $914.45 million. Equities analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Cuts Dividend

The company also recently disclosed a -- dividend, which will be paid on Friday, August 15th. Shareholders of record on Wednesday, July 16th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, July 16th. This represents a yield of 1.5%. PagSeguro Digital's dividend payout ratio is currently 11.48%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on PAGS shares. Citigroup upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating and upped their target price for the company from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Susquehanna dropped their price objective on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research note on Wednesday, May 14th. Finally, Barclays decreased their target price 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. One analyst has rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $11.07.

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.