PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts rate PagSeguro Digital “Hold” on average: Six of nine analysts recommend holding the stock, versus two buys and one sell, with an average 12-month price target of $10.98.
• PagSeguro reported quarterly EPS of $0.41, exceeding estimates of $0.39, although revenue of $942.97 million fell short of the $1 billion consensus forecast.
• The company raised its quarterly dividend to $0.28 per share, implying a 13% annualized yield, while the stock opened at $8.63 and traded near its 12-month low of $8.42.

Shares of PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $10.9833.

Several research analysts have recently issued reports on PAGS shares. Bank of America downgraded shares of PagSeguro Digital from a "buy" rating to a "neutral" rating and set a $10.00 price objective on the stock. in a report on Wednesday, July 15th. Jefferies Financial Group began coverage on PagSeguro Digital in a research report on Thursday, July 23rd. They set a "hold" rating and a $10.40 target price on the stock. Wall Street Zen lowered PagSeguro Digital from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. UBS Group lowered their price target on PagSeguro Digital from $14.00 to $12.50 and set a "buy" rating on the stock in a research note on Friday, July 17th. Finally, Weiss Ratings cut PagSeguro Digital from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, June 23rd.

PagSeguro Digital Stock Up 2.3%

Shares of PAGS stock opened at $8.63 on Friday. PagSeguro Digital has a 12 month low of $8.42 and a 12 month high of $12.32. The firm has a market cap of $2.41 billion, a PE ratio of 6.04, a price-to-earnings-growth ratio of 0.41 and a beta of 1.31. The stock has a 50 day moving average of $9.08 and a 200-day moving average of $9.72.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $942.97 million for the quarter, compared to the consensus estimate of $1 billion. PagSeguro Digital had a net margin of 10.46% and a return on equity of 16.36%. As a group, equities analysts predict that PagSeguro Digital will post 1.69 EPS for the current fiscal year.

PagSeguro Digital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.28 per share. This is a boost from PagSeguro Digital's previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date is Wednesday, September 16th. PagSeguro Digital's dividend payout ratio (DPR) is presently 72.73%.

Insider Activity at PagSeguro Digital

In related news, insider Da Silva Ricardo Dutra sold 25,000 shares of the company's stock in a transaction on Monday, July 20th. The stock was sold at an average price of $9.24, for a total value of $231,000.00. Following the completion of the transaction, the insider directly owned 25,000 shares in the company, valued at approximately $231,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On PagSeguro Digital

Several institutional investors and hedge funds have recently bought and sold shares of the business. UBS Group AG lifted its stake in PagSeguro Digital by 97.1% during the fourth quarter. UBS Group AG now owns 1,379,312 shares of the company's stock worth $13,297,000 after purchasing an additional 679,490 shares during the period. Hussman Strategic Advisors Inc. bought a new stake in shares of PagSeguro Digital in the 4th quarter valued at approximately $2,024,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of PagSeguro Digital in the 1st quarter valued at approximately $1,987,000. Artemis Investment Management LLP raised its holdings in shares of PagSeguro Digital by 25.2% in the 4th quarter. Artemis Investment Management LLP now owns 6,764,422 shares of the company's stock worth $65,209,000 after buying an additional 1,363,223 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of PagSeguro Digital by 101.7% in the 1st quarter. Lazard Asset Management LLC now owns 1,986,771 shares of the company's stock worth $19,907,000 after buying an additional 1,001,581 shares in the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company's product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.

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