UBS Group AG Boosts Holdings in PagSeguro Digital Ltd. $PAGS

UBS Group AG increased its position in PagSeguro Digital Ltd. (NYSE:PAGS) by 97.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,379,312 shares of the company’s stock after acquiring an additional 679,490 shares during the quarter. UBS Group AG’s holdings in PagSeguro Digital were worth $13,297,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Unison Advisors LLC increased its stake in PagSeguro Digital by 1.3% during the 4th quarter. Unison Advisors LLC now owns 75,921 shares of the company’s stock valued at $732,000 after purchasing an additional 995 shares in the last quarter. CWM LLC lifted its stake in shares of PagSeguro Digital by 29.0% in the third quarter. CWM LLC now owns 5,255 shares of the company’s stock worth $53,000 after buying an additional 1,182 shares in the last quarter. GAMMA Investing LLC lifted its stake 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 worth $45,000 after buying an additional 1,249 shares in the last quarter. Citigroup Inc. grew its holdings in shares of PagSeguro Digital by 0.5% during the third quarter. Citigroup Inc. now owns 386,890 shares of the company’s stock valued at $3,869,000 after buying an additional 2,027 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of PagSeguro Digital by 9.7% during the second quarter. First Trust Advisors LP now owns 23,684 shares of the company’s stock valued at $228,000 after buying an additional 2,098 shares during the last quarter. 45.88% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Luis Frias purchased 498,500 shares of the company’s stock in a transaction dated Friday, March 27th. The shares were purchased at an average cost of $9.96 per share, for a total transaction of $4,965,060.00. Following the purchase, the director directly owned 2,673,605 shares in the company, valued at approximately $26,629,105.80. This represents a 22.92% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Alexandre Mr Magnani sold 200,000 shares of PagSeguro Digital stock in a transaction on Friday, April 17th. The stock was sold at an average price of $11.26, for a total value of $2,252,000.00. Following the completion of the sale, the director directly owned 607,390 shares of the company’s stock, valued at $6,839,211.40. The trade was a 24.77% decrease in their position. The disclosure for this sale is available in the SEC filing.

Analyst Ratings Changes

A number of equities analysts recently weighed in on PAGS shares. Weiss Ratings restated a “hold (c+)” rating on shares of PagSeguro Digital in a report on Friday, May 8th. Wall Street Zen upgraded PagSeguro Digital from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. reduced their target price on PagSeguro Digital from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Monday, April 13th. UBS Group boosted their price target on PagSeguro Digital from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Autonomous Res downgraded PagSeguro Digital from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $12.00.

PagSeguro Digital Stock Up 4.3%

Shares of PAGS stock opened at $9.01 on Friday. The company has a 50 day moving average price of $10.17 and a 200-day moving average price of $10.19. PagSeguro Digital Ltd. has a 52 week low of $7.74 and a 52 week high of $12.32. The firm has a market capitalization of $2.52 billion, a PE ratio of 6.62, a P/E/G ratio of 0.35 and a beta of 1.37.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). PagSeguro Digital had a net margin of 10.40% and a return on equity of 16.44%. The company had revenue of $642.01 million for the quarter, compared to the consensus estimate of $952.64 million. Analysts anticipate that PagSeguro Digital Ltd. will post 1.68 earnings per share for the current year.

PagSeguro Digital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend is Wednesday, April 22nd. PagSeguro Digital’s dividend payout ratio is presently 81.25%.

PagSeguro Digital Company Profile

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.