PagSeguro Digital Ltd. (NYSE:PAGS) Holdings Raised by Voloridge Investment Management LLC

Voloridge Investment Management LLC grew its holdings in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 53.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,766,492 shares of the company's stock after purchasing an additional 968,926 shares during the quarter. Voloridge Investment Management LLC owned approximately 0.84% of PagSeguro Digital worth $17,318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sone Capital Management LLC purchased a new position in shares of PagSeguro Digital during the 4th quarter worth $3,174,000. Wexford Capital LP purchased a new position in shares of PagSeguro Digital during the 4th quarter worth $90,000. Tidal Investments LLC raised its holdings in shares of PagSeguro Digital by 26.6% during the 4th quarter. Tidal Investments LLC now owns 49,864 shares of the company's stock worth $312,000 after acquiring an additional 10,478 shares during the period. Teza Capital Management LLC purchased a new position in shares of PagSeguro Digital during the 4th quarter worth $354,000. Finally, State of Wyoming raised its holdings in shares of PagSeguro Digital by 32.8% during the 4th quarter. State of Wyoming now owns 6,436 shares of the company's stock worth $40,000 after acquiring an additional 1,591 shares during the period. Institutional investors and hedge funds own 45.88% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $7.00 to $10.00 in a report on Tuesday, April 22nd. Susquehanna cut their price target on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a research note on Wednesday, May 14th. Finally, Barclays cut their price target on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $11.63.

PagSeguro Digital Price Performance

NYSE:PAGS traded up $0.01 during mid-day trading on Wednesday, reaching $8.69. The company's stock had a trading volume of 1,600,705 shares, compared to its average volume of 4,956,567. The company's fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $7.81. PagSeguro Digital Ltd. has a twelve month low of $6.11 and a twelve month high of $14.82. The stock has a market cap of $2.86 billion, a P/E ratio of 7.18, a P/E/G ratio of 0.51 and a beta of 1.70.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.02. The firm had revenue of $857.50 million for 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%. Sell-side analysts expect that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Dividend Announcement

The business also recently declared a -- dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be given a dividend of $0.14 per share. The ex-dividend date is Friday, May 23rd. PagSeguro Digital's dividend payout ratio (DPR) is presently 11.48%.

PagSeguro Digital Company 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.