LMR Partners LLP Acquires Shares of 49,673 PagSeguro Digital Ltd. (NYSE:PAGS)

LMR Partners LLP acquired a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 49,673 shares of the company's stock, valued at approximately $311,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Jefferies Financial Group Inc. acquired a new position in shares of PagSeguro Digital during the fourth quarter worth about $6,577,000. Cresset Asset Management LLC acquired a new position in shares of PagSeguro Digital during the fourth quarter worth about $98,000. Crestline Management LP acquired a new position in shares of PagSeguro Digital during the fourth quarter worth about $390,000. Bridgefront Capital LLC acquired a new position in shares of PagSeguro Digital during the fourth quarter worth about $398,000. Finally, Azora Capital LP acquired a new position in shares of PagSeguro Digital during the fourth quarter worth about $8,604,000. Institutional investors and hedge funds own 45.88% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on PAGS shares. Citigroup upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $7.00 to $10.00 in a research note on Tuesday, April 22nd. Barclays cut their price target on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. Finally, Susquehanna cut their price target on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a research note on Wednesday, May 14th. 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 issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $11.63.

PagSeguro Digital Trading Up 0.3%

NYSE PAGS traded up $0.03 on Tuesday, hitting $9.07. 569,606 shares of the stock traded hands, compared to its average volume of 4,895,295. The stock has a 50-day moving average of $8.73 and a 200 day moving average of $7.78. PagSeguro Digital Ltd. has a twelve month low of $6.11 and a twelve month high of $14.82. The company has a market capitalization of $2.99 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 0.51 and a beta of 1.70.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $857.50 million for the quarter, compared to analysts' expectations of $914.45 million. As a group, equities research analysts expect that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

PagSeguro Digital Announces Dividend

The company also recently disclosed a -- dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, May 23rd. PagSeguro Digital's payout ratio is currently 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.