Polunin Capital Partners Ltd Has $29.26 Million Holdings in PagSeguro Digital Ltd. (NYSE:PAGS)

Polunin Capital Partners Ltd decreased its position in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 1.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,845,471 shares of the company's stock after selling 75,283 shares during the quarter. PagSeguro Digital makes up approximately 5.0% of Polunin Capital Partners Ltd's portfolio, making the stock its 8th largest position. Polunin Capital Partners Ltd owned about 1.17% of PagSeguro Digital worth $29,264,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. raised its stake in PagSeguro Digital by 11.7% in the fourth quarter. Principal Financial Group Inc. now owns 451,110 shares of the company's stock valued at $2,824,000 after purchasing an additional 47,172 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of PagSeguro Digital by 3,375.8% during the fourth quarter. Ameriprise Financial Inc. now owns 698,645 shares of the company's stock valued at $4,374,000 after purchasing an additional 678,545 shares in the last quarter. Barclays PLC boosted its stake in PagSeguro Digital by 240.0% in the 3rd quarter. Barclays PLC now owns 270,215 shares of the company's stock worth $2,327,000 after purchasing an additional 190,740 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in PagSeguro Digital by 28.5% in the 4th quarter. Sanctuary Advisors LLC now owns 25,422 shares of the company's stock worth $159,000 after purchasing an additional 5,636 shares in the last quarter. Finally, Virtu Financial LLC boosted its stake in PagSeguro Digital by 37.4% in the 4th quarter. Virtu Financial LLC now owns 15,672 shares of the company's stock worth $98,000 after purchasing an additional 4,268 shares in the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Down 0.2%

PAGS stock traded down $0.02 during midday trading on Thursday, hitting $8.94. The company's stock had a trading volume of 4,135,111 shares, compared to its average volume of 5,056,230. PagSeguro Digital Ltd. has a 12 month low of $6.11 and a 12 month high of $14.82. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 7.39, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70. The company has a 50 day moving average of $8.90 and a two-hundred day moving average of $7.84.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings results 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 return on equity of 15.49% and a net margin of 11.12%. The business had revenue of $857.50 million during the quarter, compared to the consensus estimate of $914.45 million. On average, analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a $0.14 dividend. The ex-dividend date is Friday, May 23rd. PagSeguro Digital's payout ratio is 11.48%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PAGS. Citigroup raised PagSeguro Digital from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd. Susquehanna decreased their target price on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research report on Wednesday, May 14th. Finally, Barclays decreased their target price on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $11.63.

About PagSeguro Digital

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.