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

Shares of PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the ten analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $11.36.

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of PagSeguro Digital from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Susquehanna dropped their target price on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating on the stock in a report on Wednesday, May 14th. Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their target price for the stock from $7.00 to $10.00 in a report on Tuesday, April 22nd. Finally, Barclays dropped their target price on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating on the stock in a report on Wednesday, April 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in PagSeguro Digital by 626.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,143 shares of the company's stock worth $39,000 after purchasing an additional 4,435 shares in the last quarter. Aurora Investment Counsel lifted its stake in PagSeguro Digital by 19.1% in the 1st quarter. Aurora Investment Counsel now owns 247,732 shares of the company's stock worth $1,890,000 after purchasing an additional 39,697 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in PagSeguro Digital by 166.9% in the 1st quarter. Harbor Capital Advisors Inc. now owns 6,685 shares of the company's stock worth $51,000 after purchasing an additional 4,180 shares in the last quarter. SG Americas Securities LLC purchased a new stake in PagSeguro Digital in the 1st quarter worth $329,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of PagSeguro Digital by 3,375.8% in the 4th quarter. Ameriprise Financial Inc. now owns 698,645 shares of the company's stock worth $4,374,000 after buying an additional 678,545 shares during the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Performance

Shares of PAGS traded up $0.08 on Friday, hitting $8.00. 5,722,824 shares of the stock traded hands, compared to its average volume of 5,425,402. The company has a market capitalization of $2.64 billion, a PE ratio of 6.56, a P/E/G ratio of 0.57 and a beta of 1.59. The business has a 50 day simple moving average of $9.02 and a 200 day simple moving average of $8.30. PagSeguro Digital has a one year low of $6.11 and a one year high of $14.82.

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

PagSeguro Digital Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Friday, August 15th. Investors of record on Wednesday, July 16th will be paid a dividend of $0.12 per share. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, July 16th. PagSeguro Digital's dividend payout ratio (DPR) is 11.48%.

About PagSeguro Digital

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.