PagSeguro Digital Ltd. (NYSE:PAGS) Receives $11.86 Consensus Target Price from Brokerages

PagSeguro Digital Ltd. (NYSE:PAGS) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $11.8571.

Several equities analysts have commented on the stock. Susquehanna lifted their target price on shares of PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a research report on Friday, November 14th. UBS Group upped their price objective on PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PagSeguro Digital in a research note on Thursday, January 22nd.

Hedge Funds Weigh In On PagSeguro Digital

Institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC lifted its position in shares of PagSeguro Digital by 78.1% during the 2nd quarter. CWM LLC now owns 4,073 shares of the company’s stock valued at $39,000 after buying an additional 1,786 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in PagSeguro Digital by 77.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,185 shares of the company’s stock valued at $40,000 after buying an additional 1,821 shares in the last quarter. GAMMA Investing LLC grew its position in shares of PagSeguro Digital by 37.0% in the fourth quarter. GAMMA Investing LLC now owns 4,626 shares of the company’s stock valued at $45,000 after purchasing an additional 1,249 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of PagSeguro Digital during the 3rd quarter valued at $46,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in PagSeguro Digital during the 4th quarter worth about $45,000. 45.88% of the stock is owned by institutional investors.

PagSeguro Digital Price Performance

Shares of PAGS stock opened at $10.54 on Friday. PagSeguro Digital has a one year low of $7.16 and a one year high of $12.32. The company has a market cap of $3.47 billion, a P/E ratio of 8.17, a P/E/G ratio of 0.41 and a beta of 1.38. The firm has a 50-day moving average of $10.57 and a 200-day moving average of $9.91.

PagSeguro Digital Announces Dividend

The business also recently announced a special dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, January 28th were paid a $0.12 dividend. The ex-dividend date was Wednesday, January 28th. PagSeguro Digital’s payout ratio is presently 10.85%.

About PagSeguro Digital

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.