Inceptionr LLC Sells 18,057 Shares of PagSeguro Digital Ltd. $PAGS

by · The Cerbat Gem

Inceptionr LLC decreased its position in PagSeguro Digital Ltd. (NYSE:PAGS – Free Report) by 30.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,887 shares of the company’s stock after selling 18,057 shares during the period. Inceptionr LLC’s holdings in PagSeguro Digital were worth $394,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of PAGS. PNC Financial Services Group Inc. acquired a new position in shares of PagSeguro Digital in the 1st quarter valued at about $26,000. GAMMA Investing LLC grew its stake in PagSeguro Digital by 61.2% during the second quarter. GAMMA Investing LLC now owns 3,510 shares of the company’s stock worth $34,000 after purchasing an additional 1,333 shares during the period. CWM LLC increased its holdings in PagSeguro Digital by 78.1% in the second quarter. CWM LLC now owns 4,073 shares of the company’s stock worth $39,000 after purchasing an additional 1,786 shares in the last quarter. Aigen Investment Management LP acquired a new position in PagSeguro Digital in the first quarter valued at approximately $82,000. Finally, Ground Swell Capital LLC acquired a new position in PagSeguro Digital in the first quarter valued at approximately $94,000. 45.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PAGS has been the subject of several research analyst reports. Zacks Research lowered shares of PagSeguro Digital from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 19th. Weiss Ratings restated a “hold (c)” rating on shares of PagSeguro Digital in a report on Wednesday, October 8th. Bank of America upgraded shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and upped their price objective for the company from $10.00 to $13.00 in a report on Friday, September 19th. Wall Street Zen cut shares of PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 4th. Finally, Susquehanna boosted their target price on PagSeguro Digital from $11.00 to $12.00 and gave the company a “positive” rating in a research report on Friday, November 14th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.71.

Get Our Latest Stock Report on PagSeguro Digital

PagSeguro Digital Trading Up 2.7%

PAGS opened at $10.27 on Friday. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $11.16. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 7.96, a PEG ratio of 0.51 and a beta of 1.59. The company’s fifty day moving average price is $9.52 and its two-hundred day moving average price is $9.14.

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

PagSeguro Digital Cuts Dividend

The business also recently announced a — dividend, which was paid on Monday, November 3rd. Investors of record on Monday, October 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, October 6th. PagSeguro Digital’s payout ratio is presently 10.85%.

PagSeguro Digital Company Profile

(Free Report)

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.

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