PagSeguro Digital Ltd. (NYSE:PAGS) Short Interest Down 23.8% in May

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 14,950,000 shares, a decline of 23.8% from the April 30th total of 19,630,000 shares. Based on an average trading volume of 5,010,000 shares, the short-interest ratio is currently 3.0 days. Approximately 4.5% of the shares of the stock are short sold.

PagSeguro Digital Trading Up 0.4%

NYSE PAGS traded up $0.03 on Tuesday, reaching $9.15. 7,673,145 shares of the stock were exchanged, compared to its average volume of 5,034,109. PagSeguro Digital has a one year low of $6.11 and a one year high of $14.82. The firm has a market capitalization of $3.02 billion, a PE ratio of 7.56, a PEG ratio of 0.51 and a beta of 1.70. The company's 50-day simple moving average is $8.86 and its two-hundred day simple moving average is $7.83.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last released its 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. 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 analysts' expectations of $914.45 million. Sell-side analysts forecast that PagSeguro Digital will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Dividend Announcement

The firm also recently announced a -- dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, May 23rd. PagSeguro Digital's dividend payout ratio (DPR) is presently 11.48%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on PAGS shares. Barclays dropped their target price on shares of PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Susquehanna dropped their target price 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. Finally, Citigroup upgraded shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and lifted their target price for the company from $7.00 to $10.00 in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $11.63.

Institutional Investors Weigh In On PagSeguro Digital

Several large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. bought a new position in PagSeguro Digital during the first quarter valued at $26,000. Signaturefd LLC increased its position in PagSeguro Digital by 1,306.5% during the fourth quarter. Signaturefd LLC now owns 4,557 shares of the company's stock valued at $29,000 after acquiring an additional 4,233 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in PagSeguro Digital by 626.4% during the first 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. State of Wyoming increased its position in PagSeguro Digital by 32.8% during the fourth quarter. State of Wyoming now owns 6,436 shares of the company's stock valued at $40,000 after acquiring an additional 1,591 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its position in PagSeguro Digital by 166.9% during the first 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. Institutional investors own 45.88% of the company's stock.

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.