Truffle Hound Capital LLC Has $7.50 Million Holdings in PagSeguro Digital Ltd. $PAGS

Truffle Hound Capital LLC lowered its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 6.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 750,000 shares of the company’s stock after selling 50,000 shares during the quarter. PagSeguro Digital makes up approximately 2.1% of Truffle Hound Capital LLC’s portfolio, making the stock its 9th largest holding. Truffle Hound Capital LLC’s holdings in PagSeguro Digital were worth $7,500,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Waterfront Wealth Inc. grew its stake in shares of PagSeguro Digital by 21.5% during the 3rd quarter. Waterfront Wealth Inc. now owns 335,340 shares of the company’s stock valued at $3,057,000 after purchasing an additional 59,373 shares during the period. AdvisorShares Investments LLC grew its position in PagSeguro Digital by 14.9% during the third quarter. AdvisorShares Investments LLC now owns 59,092 shares of the company’s stock valued at $591,000 after buying an additional 7,652 shares during the period. Arkfeld Wealth Strategies L.L.C. bought a new stake in PagSeguro Digital during the third quarter valued at approximately $94,000. Unison Advisors LLC increased its holdings in PagSeguro Digital by 1.5% during the third quarter. Unison Advisors LLC now owns 74,926 shares of the company’s stock valued at $749,000 after buying an additional 1,126 shares during the last quarter. Finally, State of Wyoming bought a new position in PagSeguro Digital in the third quarter worth approximately $285,000. Institutional investors own 45.88% of the company’s stock.

Analyst Upgrades and Downgrades

PAGS has been the subject of a number of research reports. UBS Group upped their target price on shares of PagSeguro Digital from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Weiss Ratings restated a “hold (c)” rating on shares of PagSeguro Digital in a report on Thursday, January 22nd. Finally, Susquehanna lifted their price target on shares of PagSeguro Digital from $11.00 to $12.00 and gave the company a “positive” rating in a research note on Friday, November 14th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $11.86.

PagSeguro Digital Price Performance

Shares of PAGS stock opened at $10.55 on Friday. The stock’s fifty day moving average price is $10.36 and its 200 day moving average price is $9.69. PagSeguro Digital Ltd. has a 1-year low of $6.70 and a 1-year high of $12.32. The company has a market cap of $3.48 billion, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 0.43 and a beta of 1.40.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The firm had revenue of $937.15 million for the quarter, compared to the consensus estimate of $971.30 million. PagSeguro Digital had a net margin of 11.00% and a return on equity of 15.39%. As a group, equities research analysts anticipate that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current year.

PagSeguro Digital Dividend Announcement

The business also recently declared a special dividend, which will be paid on Friday, February 27th. Shareholders of record on Wednesday, January 28th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio (DPR) is currently 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.