98,846 Shares in PagSeguro Digital Ltd. $PAGS Bought by Nvwm LLC

Nvwm LLC purchased a new position in shares of PagSeguro Digital Ltd. (NYSE:PAGS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 98,846 shares of the company’s stock, valued at approximately $953,000.

A number of other institutional investors have also modified their holdings of the company. Aurora Investment Counsel increased its position in shares of PagSeguro Digital by 19.1% in the first quarter. Aurora Investment Counsel now owns 247,732 shares of the company’s stock worth $1,890,000 after acquiring an additional 39,697 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in PagSeguro Digital in the 2nd quarter valued at $444,000. Teacher Retirement System of Texas raised its position in PagSeguro Digital by 14.9% in the first quarter. Teacher Retirement System of Texas now owns 24,169 shares of the company’s stock valued at $184,000 after purchasing an additional 3,133 shares during the period. Maverick Capital Ltd. acquired a new position in shares of PagSeguro Digital during the first quarter worth about $1,003,000. Finally, Exchange Traded Concepts LLC boosted its position in shares of PagSeguro Digital by 369.6% in the second quarter. Exchange Traded Concepts LLC now owns 168,646 shares of the company’s stock worth $1,626,000 after buying an additional 132,730 shares during the period. Hedge funds and other institutional investors own 45.88% of the company’s stock.

Analyst Ratings Changes

PAGS has been the topic of several recent research reports. Wall Street Zen lowered PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 4th. JPMorgan Chase & Co. lifted their price objective on shares of PagSeguro Digital from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, July 16th. The Goldman Sachs Group restated a “neutral” rating and issued a $9.00 target price (down from $12.00) on shares of PagSeguro Digital in a research note on Tuesday, October 14th. Zacks Research lowered shares of PagSeguro Digital from a “strong-buy” rating to a “hold” rating in a report on Friday, September 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PagSeguro Digital in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $11.83.

PagSeguro Digital Stock Down 1.7%

Shares of NYSE:PAGS opened at $9.47 on Friday. The company has a market cap of $3.12 billion, a PE ratio of 7.64, a P/E/G ratio of 0.49 and a beta of 1.59. PagSeguro Digital Ltd. has a fifty-two week low of $6.11 and a fifty-two week high of $11.16. The firm has a 50-day simple moving average of $9.52 and a 200 day simple moving average of $9.13.

PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Thursday, August 14th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $930.17 million during the quarter, compared to the consensus estimate of $901.10 million. PagSeguro Digital had a return on equity of 15.52% and a net margin of 11.04%. As a group, research analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Cuts Dividend

The business also recently announced a — dividend, which was paid on Monday, November 3rd. Shareholders of record on Monday, October 6th were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, October 6th. PagSeguro Digital’s dividend payout ratio (DPR) is currently 11.29%.

PagSeguro Digital 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.