UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stake in PagSeguro Digital Ltd. (NYSE:PAGS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 98.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,300 shares of the company's stock after selling 650,604 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in PagSeguro Digital were worth $83,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PAGS. 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 worth $29,000 after purchasing an additional 4,233 shares during the period. State of Wyoming raised its holdings in PagSeguro Digital by 32.8% in the 4th quarter. State of Wyoming now owns 6,436 shares of the company's stock worth $40,000 after purchasing an additional 1,591 shares during the period. Advisory Services Network LLC bought a new stake in PagSeguro Digital during the fourth quarter valued at about $66,000. Raymond James Financial Inc. bought a new stake in PagSeguro Digital during the fourth quarter valued at about $79,000. Finally, Wexford Capital LP bought a new stake in PagSeguro Digital during the fourth quarter valued at about $90,000. 45.88% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

PagSeguro Digital Price Performance

Shares of PagSeguro Digital stock traded down $0.17 during trading on Friday, reaching $8.36. 5,432,402 shares of the stock traded hands, compared to its average volume of 5,209,214. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 6.90, a P/E/G ratio of 0.51 and a beta of 1.58. The business has a fifty day simple moving average of $9.01 and a two-hundred day simple moving average of $7.89. 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, beating analysts' consensus estimates of $0.29 by $0.02. The firm had revenue of $857.50 million during the quarter, compared to analyst estimates of $914.45 million. PagSeguro Digital had a return on equity of 15.49% and a net margin of 11.12%. On average, research analysts predict that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Dividend Announcement

The business also recently declared a -- dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 23rd were given a $0.14 dividend. The ex-dividend date was Friday, May 23rd. PagSeguro Digital's dividend payout ratio is currently 11.48%.

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.