131,416 Shares in PagSeguro Digital Ltd. $PAGS Bought by Maverick Capital Ltd.

Key Points

• Maverick Capital Ltd. has acquired 131,416 shares of PagSeguro Digital Ltd. valued at approximately $1,003,000, as part of their new position during the first quarter.
• PagSeguro Digital recently reported earnings of $0.34 per share, beating analysts' expectations, and announced a special dividend of $0.12 per share with a yield of 150.0%.
• Wall Street analysts have a consensus rating of "Moderate Buy" for PagSeguro Digital with an average price target of $11.36, reflecting a range of ratings from "Strong Buy" to "Sell."

Maverick Capital Ltd. bought a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 131,416 shares of the company's stock, valued at approximately $1,003,000.

Other large investors also recently modified their holdings of the company. Itau Unibanco Holding S.A. bought a new stake in PagSeguro Digital in the 1st quarter valued at $2,198,000. Ieq Capital LLC bought a new stake in PagSeguro Digital in the 1st quarter valued at $101,000. American Century Companies Inc. increased its holdings in PagSeguro Digital by 7.9% in the 1st quarter. American Century Companies Inc. now owns 308,189 shares of the company's stock valued at $2,351,000 after acquiring an additional 22,602 shares during the last quarter. Ground Swell Capital LLC bought a new stake in PagSeguro Digital in the 1st quarter valued at $94,000. Finally, Nuveen LLC bought a new stake in PagSeguro Digital in the 1st quarter valued at $59,603,000. Hedge funds and other institutional investors own 45.88% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of PagSeguro Digital from a "hold" rating to a "buy" rating in a report on Friday, August 22nd. Susquehanna decreased their target price on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. upped their target price on shares of PagSeguro Digital from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.17.

PagSeguro Digital Stock Up 3.5%

NYSE:PAGS traded up $0.33 during mid-day trading on Friday, hitting $9.59. 5,155,508 shares of the stock traded hands, compared to its average volume of 4,559,176. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 7.73, a PEG ratio of 0.63 and a beta of 1.57. PagSeguro Digital Ltd. has a 52 week low of $6.11 and a 52 week high of $10.21. The firm's 50 day moving average is $8.66 and its two-hundred day moving average is $8.63.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.03. The business had revenue of $930.17 million for the quarter, compared to the consensus estimate of $901.10 million. PagSeguro Digital had a net margin of 11.04% and a return on equity of 15.52%. As a group, research analysts predict that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

PagSeguro Digital Cuts Dividend

The firm also recently disclosed a -- dividend, which will be paid on Monday, November 3rd. Stockholders of record on Monday, October 6th will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, October 6th. This represents a dividend yield of 150.0%. PagSeguro Digital's dividend payout ratio (DPR) is currently 11.29%.

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.