PagSeguro Digital Ltd. $PAGS Shares Bought by Aurora Investment Counsel

Aurora Investment Counsel boosted its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS) by 3.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 255,588 shares of the company’s stock after acquiring an additional 7,856 shares during the period. PagSeguro Digital comprises about 1.3% of Aurora Investment Counsel’s holdings, making the stock its 24th biggest holding. Aurora Investment Counsel owned 0.08% of PagSeguro Digital worth $2,464,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. acquired a new position in PagSeguro Digital during the first quarter worth $26,000. GAMMA Investing LLC grew its holdings in shares of 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 buying an additional 1,333 shares in the last quarter. CWM LLC grew its holdings in shares of PagSeguro Digital by 78.1% during the second quarter. CWM LLC now owns 4,073 shares of the company’s stock worth $39,000 after buying an additional 1,786 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of PagSeguro Digital by 626.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,143 shares of the company’s stock worth $39,000 after buying an additional 4,435 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in shares of PagSeguro Digital by 50.6% during the first quarter. Signaturefd LLC now owns 6,863 shares of the company’s stock worth $52,000 after buying an additional 2,306 shares in the last quarter. 45.88% of the stock is currently owned by institutional investors and hedge funds.

PagSeguro Digital Trading Up 2.9%

Shares of PAGS opened at $9.03 on Tuesday. PagSeguro Digital Ltd. has a 12-month low of $6.11 and a 12-month high of $11.16. The firm has a 50-day moving average price of $9.34 and a 200 day moving average price of $9.03. The firm has a market capitalization of $2.97 billion, a P/E ratio of 7.28, a P/E/G ratio of 0.44 and a beta of 1.57.

PagSeguro Digital (NYSE:PAGS) last announced its quarterly earnings data on Thursday, August 14th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. PagSeguro Digital had a net margin of 11.04% and a return on equity of 15.52%. The firm had revenue of $930.17 million during the quarter, compared to analyst estimates of $901.10 million. Equities research analysts predict 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 will be paid on Monday, November 3rd. Shareholders of record on Monday, October 6th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, October 6th. PagSeguro Digital’s dividend payout ratio (DPR) is 11.29%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PAGS. JPMorgan Chase & Co. upped their target price on shares of PagSeguro Digital from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, July 16th. Wall Street Zen lowered shares of PagSeguro Digital from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 4th. Bank of America raised shares of PagSeguro Digital from a “neutral” rating to a “buy” rating and upped their target price for the stock from $10.00 to $13.00 in a report on Friday, September 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PagSeguro Digital in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $9.00 target price (down previously from $12.00) on shares of PagSeguro Digital in a report on Tuesday, October 14th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.83.

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.