Robeco Institutional Asset Management B.V. Increases Stock Holdings in PagSeguro Digital Ltd. $PAGS

by · The Cerbat Gem

Robeco Institutional Asset Management B.V. boosted its stake in PagSeguro Digital Ltd. (NYSE:PAGS – Free Report) by 14.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,175,703 shares of the company’s stock after buying an additional 396,000 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in PagSeguro Digital were worth $31,757,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of PagSeguro Digital by 61.2% in the 2nd quarter. GAMMA Investing LLC now owns 3,510 shares of the company’s stock worth $34,000 after acquiring an additional 1,333 shares in the last quarter. CWM LLC increased its stake in PagSeguro Digital by 78.1% in 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. Farther Finance Advisors LLC bought a new position in shares of PagSeguro Digital during the 3rd quarter worth approximately $46,000. Virtus Advisers LLC purchased a new position in shares of PagSeguro Digital in the 2nd quarter worth approximately $51,000. Finally, Osaic Holdings Inc. grew its holdings in shares of PagSeguro Digital by 93.4% in the second quarter. Osaic Holdings Inc. now owns 7,891 shares of the company’s stock valued at $76,000 after acquiring an additional 3,810 shares in the last quarter. 45.88% of the stock is currently owned by institutional investors.

PagSeguro Digital Stock Performance

Shares of PagSeguro Digital stock opened at $9.64 on Thursday. The stock has a market capitalization of $3.26 billion, a P/E ratio of 7.47, a P/E/G ratio of 0.45 and a beta of 1.41. PagSeguro Digital Ltd. has a 52-week low of $6.11 and a 52-week high of $11.16. The stock’s 50-day simple moving average is $9.77 and its 200 day simple moving average is $9.33.

PagSeguro Digital (NYSE:PAGS – Get Free Report) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $937.15 million during the quarter, compared to analyst estimates of $971.30 million. PagSeguro Digital had a net margin of 11.00% and a return on equity of 15.39%. Equities research analysts forecast that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Friday, February 27th. Investors of record on Wednesday, January 28th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio is 10.85%.

Wall Street Analyst Weigh In

PAGS has been the topic of several research analyst reports. UBS Group boosted their price objective on PagSeguro Digital from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group reissued a “neutral” rating and issued a $9.00 price target (down from $12.00) on shares of PagSeguro Digital in a report on Tuesday, October 14th. Susquehanna raised their price objective on shares of PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a report on Friday, November 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of PagSeguro Digital in a research note on Wednesday, October 8th. Finally, Zacks Research lowered shares of PagSeguro Digital from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 19th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.71.

View Our Latest Research Report on PagSeguro Digital

About PagSeguro Digital

(Free Report)

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.

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