BNP Paribas Financial Markets raised its stake in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 55.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 472,866 shares of the company's stock after acquiring an additional 168,905 shares during the period. BNP Paribas Financial Markets owned about 0.14% of PagSeguro Digital worth $2,960,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the stock. Signaturefd LLC increased 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 valued at $29,000 after buying an additional 4,233 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of PagSeguro Digital during the fourth quarter worth $66,000. Raymond James Financial Inc. acquired a new stake in shares of PagSeguro Digital in the 4th quarter valued at about $79,000. Virtu Financial LLC grew its stake in shares of PagSeguro Digital by 37.4% during the 4th quarter. Virtu Financial LLC now owns 15,672 shares of the company's stock worth $98,000 after acquiring an additional 4,268 shares in the last quarter. Finally, Xponance Inc. lifted its position in PagSeguro Digital by 37.8% during the 4th quarter. Xponance Inc. now owns 17,105 shares of the company's stock worth $107,000 after buying an additional 4,695 shares in the last quarter. 45.88% of the stock is currently owned by institutional investors.
PagSeguro Digital Price Performance
NYSE PAGS traded down $0.20 during mid-day trading on Wednesday, reaching $8.82. 650,292 shares of the stock were exchanged, compared to its average volume of 4,899,147. The stock has a 50 day simple moving average of $8.76 and a 200-day simple moving average of $7.79. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.82. The stock has a market cap of $2.91 billion, a P/E ratio of 7.30, a P/E/G ratio of 0.51 and a beta of 1.70.
PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The company had revenue of $857.50 million for the quarter, compared to the consensus estimate of $914.45 million. Sell-side analysts anticipate that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.
PagSeguro Digital Announces Dividend
The business also recently announced a -- dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a $0.14 dividend. The ex-dividend date is Friday, May 23rd. PagSeguro Digital's payout ratio is 11.48%.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on PAGS. Barclays reduced their price objective on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. Citigroup raised 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 note on Tuesday, April 22nd. Finally, Susquehanna decreased their price target on shares of PagSeguro Digital from $16.00 to $14.00 and set a "positive" rating for the company in a research report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $11.63.
Check Out Our Latest Stock Analysis on PagSeguro Digital
PagSeguro Digital Company Profile
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Free Report)
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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