Sylebra Capital LLC Has $45.89 Million Stake in PagSeguro Digital Ltd. $PAGS

Key Points

• Sylebra Capital LLC reduced its stake in PagSeguro Digital Ltd. by 21.1%, selling 1,609,991 shares during the 1st quarter, leaving them with 6,013,961 shares.
• PagSeguro Digital reported $0.34 EPS for the last quarter, exceeding the consensus estimate of $0.31, with a revenue of $930.17 million.
• The company announced a $0.12 dividend, indicating a yield of 150.0%, with the ex-dividend date set for October 6th.

Sylebra Capital LLC lowered its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 21.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,013,961 shares of the company's stock after selling 1,609,991 shares during the period. PagSeguro Digital comprises 2.3% of Sylebra Capital LLC's portfolio, making the stock its 12th largest holding. Sylebra Capital LLC owned approximately 1.82% of PagSeguro Digital worth $45,887,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PAGS. Mirae Asset Global Investments Co. Ltd. boosted its stake in PagSeguro Digital by 626.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,143 shares of the company's stock valued at $39,000 after buying an additional 4,435 shares in the last quarter. Aurora Investment Counsel boosted its stake in shares of PagSeguro Digital by 19.1% in the 1st quarter. Aurora Investment Counsel now owns 247,732 shares of the company's stock valued at $1,890,000 after purchasing an additional 39,697 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of PagSeguro Digital by 166.9% in the 1st quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company's stock valued at $51,000 after purchasing an additional 4,180 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of PagSeguro Digital in the 1st quarter worth about $329,000. Finally, Ameriprise Financial Inc. increased its position in shares of PagSeguro Digital by 3,375.8% during the 4th quarter. Ameriprise Financial Inc. now owns 698,645 shares of the company's stock worth $4,374,000 after purchasing an additional 678,545 shares in the last quarter. Institutional investors and hedge funds own 45.88% of the company's stock.

PagSeguro Digital Stock Performance

NYSE:PAGS traded down $0.27 during mid-day trading on Wednesday, hitting $9.26. The company had a trading volume of 5,485,118 shares, compared to its average volume of 4,555,444. PagSeguro Digital Ltd. has a fifty-two week low of $6.11 and a fifty-two week high of $10.21. The firm has a market cap of $3.05 billion, a P/E ratio of 7.27, a P/E/G ratio of 0.65 and a beta of 1.57. The business's fifty day moving average is $8.66 and its two-hundred day moving average is $8.66.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.03. The business had revenue of $930.17 million during the quarter, compared to analysts' expectations of $901.10 million. PagSeguro Digital had a net margin of 11.04% and a return on equity of 15.52%. Equities analysts forecast that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

PagSeguro Digital Cuts Dividend

The company also recently disclosed a -- dividend, which will be paid on Monday, November 3rd. Investors of record on Monday, October 6th will be issued 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 presently 11.29%.

Analyst Ratings Changes

PAGS has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of PagSeguro Digital from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Wall Street Zen upgraded PagSeguro Digital from a "hold" rating to a "buy" rating in a research report on Friday, August 22nd. Finally, Susquehanna lowered their target price on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research note on Wednesday, May 14th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $12.17.

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.