PagSeguro Digital Ltd. (NYSE:PAGS) Given Average Recommendation of "Moderate Buy" by Brokerages

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eleven analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $11.63.

A number of equities research analysts have recently weighed in on PAGS shares. Barclays cut their price objective on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Susquehanna cut their price objective on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a research report on Wednesday, May 14th. Finally, Citigroup upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $7.00 to $10.00 in a research report on Tuesday, April 22nd.

Institutional Trading of PagSeguro Digital

A number of hedge funds have recently bought and sold shares of PAGS. PNC Financial Services Group Inc. bought a new position in shares of PagSeguro Digital in the first quarter worth about $26,000. Signaturefd LLC raised its stake in shares of PagSeguro Digital by 1,306.5% in the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company's stock worth $29,000 after buying an additional 4,233 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of PagSeguro Digital by 626.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,143 shares of the company's stock worth $39,000 after buying an additional 4,435 shares during the period. State of Wyoming raised its stake in shares of PagSeguro Digital by 32.8% in the fourth quarter. State of Wyoming now owns 6,436 shares of the company's stock worth $40,000 after buying an additional 1,591 shares during the period. Finally, Harbor Capital Advisors Inc. raised its stake in shares of PagSeguro Digital by 166.9% in the first quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company's stock worth $51,000 after buying an additional 4,180 shares during the period. Hedge funds and other institutional investors own 45.88% of the company's stock.

PagSeguro Digital Trading Down 2.9%

Shares of NYSE PAGS opened at $8.99 on Monday. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 7.36, a P/E/G ratio of 0.63 and a beta of 1.59. PagSeguro Digital has a 1-year low of $6.11 and a 1-year high of $14.82. The stock's 50-day moving average is $9.12 and its 200 day moving average is $7.95.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.02. The business had revenue of $857.50 million for the quarter, compared to analysts' expectations of $914.45 million. PagSeguro Digital had a return on equity of 15.43% and a net margin of 11.15%. On average, analysts forecast that PagSeguro Digital will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Cuts Dividend

The firm also recently declared a -- dividend, which will be paid on Friday, August 15th. Stockholders of record on Wednesday, July 16th will be paid a $0.12 dividend. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, July 16th. PagSeguro Digital's dividend 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.

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