Creative Planning Buys 28,362 Shares of PagSeguro Digital Ltd. $PAGS

Creative Planning raised its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 23.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,647 shares of the company’s stock after purchasing an additional 28,362 shares during the quarter. Creative Planning’s holdings in PagSeguro Digital were worth $1,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of PagSeguro Digital by 61.2% during 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 during the last quarter. Waterfront Wealth Inc. lifted its stake in PagSeguro Digital by 0.5% during the second quarter. Waterfront Wealth Inc. now owns 275,967 shares of the company’s stock worth $2,660,000 after purchasing an additional 1,448 shares during the last quarter. CWM LLC boosted its holdings in shares of PagSeguro Digital by 78.1% in the 2nd 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. Financial Perspectives Inc increased its position in shares of PagSeguro Digital by 9.1% during the 2nd quarter. Financial Perspectives Inc now owns 23,110 shares of the company’s stock valued at $223,000 after purchasing an additional 1,922 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd raised its holdings in shares of PagSeguro Digital by 22.8% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 15,623 shares of the company’s stock valued at $151,000 after buying an additional 2,904 shares in the last quarter. Institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Price Performance

NYSE:PAGS opened at $9.99 on Friday. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $11.16. The business has a fifty day moving average price of $9.53 and a 200-day moving average price of $9.13. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 7.74, a price-to-earnings-growth ratio of 0.51 and a beta of 1.59.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.36 EPS for the quarter, topping 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 return on equity of 15.39% and a net margin of 11.00%. On average, equities research analysts expect that PagSeguro Digital Ltd. will post 1.17 earnings per share for the current fiscal year.

PagSeguro Digital Cuts Dividend

The company also recently declared a — dividend, which was paid on Monday, November 3rd. Shareholders of record on Monday, October 6th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, October 6th. PagSeguro Digital’s payout ratio is currently 10.85%.

Wall Street Analyst Weigh In

A number of research analysts have commented on PAGS shares. UBS Group increased their price target on shares of PagSeguro Digital from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday. Zacks Research cut PagSeguro Digital from a “strong-buy” rating to a “hold” rating in a report on Friday, September 19th. Susquehanna lifted their price target on PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a research note on Friday, November 14th. Bank of America upgraded PagSeguro Digital from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $10.00 to $13.00 in a research report on Friday, September 19th. Finally, Wall Street Zen lowered PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 4th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $11.71.

PagSeguro Digital Company 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.