PagSeguro Digital Ltd. (NYSE:PAGS) Given Consensus Rating of "Moderate Buy" by Analysts

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the ten research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $11.36.

Several equities analysts have recently weighed in on PAGS shares. Susquehanna reduced their price target on PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research report on Wednesday, May 14th. Citigroup upgraded PagSeguro Digital from a "neutral" rating to a "buy" rating and lifted their price target for the company from $7.00 to $10.00 in a research report on Tuesday, April 22nd. Barclays reduced their price target on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. lifted their price objective on PagSeguro Digital from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Wednesday.

Institutional Investors Weigh In On PagSeguro Digital

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

PagSeguro Digital Trading Down 6.6%

Shares of NYSE PAGS traded down $0.56 during mid-day trading on Friday, hitting $7.93. The company had a trading volume of 9,599,422 shares, compared to its average volume of 5,397,936. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 6.50, a P/E/G ratio of 0.61 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 price is $9.06 and its 200-day moving average price is $8.27.

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 analysts' expectations of $914.45 million. PagSeguro Digital had a return on equity of 15.43% and a net margin of 11.15%. As a group, equities research analysts forecast that PagSeguro Digital will post 1.17 earnings per share for the current year.

PagSeguro Digital Cuts Dividend

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