Segall Bryant & Hamill LLC Buys Shares of 167,455 PagSeguro Digital Ltd. $PAGS

Segall Bryant & Hamill LLC purchased a new stake in PagSeguro Digital Ltd. (NYSE:PAGS) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 167,455 shares of the company’s stock, valued at approximately $1,675,000. Segall Bryant & Hamill LLC owned approximately 0.05% of PagSeguro Digital as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the business. Fairtree Asset Management Pty Ltd lifted its position in shares of PagSeguro Digital by 85.8% in the 3rd quarter. Fairtree Asset Management Pty Ltd now owns 46,054 shares of the company’s stock worth $461,000 after purchasing an additional 21,269 shares during the period. Quantbot Technologies LP increased its holdings in PagSeguro Digital by 100.2% during the third quarter. Quantbot Technologies LP now owns 628,593 shares of the company’s stock valued at $6,286,000 after buying an additional 314,650 shares during the period. Xponance Inc. increased its holdings in PagSeguro Digital by 25.2% during the third quarter. Xponance Inc. now owns 27,543 shares of the company’s stock valued at $275,000 after buying an additional 5,545 shares during the period. Fox Run Management L.L.C. bought a new position in PagSeguro Digital in the third quarter worth approximately $698,000. Finally, Aurora Investment Counsel raised its stake in PagSeguro Digital by 1.8% in the third quarter. Aurora Investment Counsel now owns 260,166 shares of the company’s stock worth $2,602,000 after buying an additional 4,578 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Price Performance

Shares of NYSE:PAGS opened at $9.89 on Friday. The business’s 50-day moving average is $10.58 and its 200 day moving average is $9.91. PagSeguro Digital Ltd. has a 1 year low of $7.16 and a 1 year high of $12.32. The firm has a market capitalization of $3.26 billion, a P/E ratio of 7.72, a P/E/G ratio of 0.42 and a beta of 1.38.

PagSeguro Digital (NYSE:PAGS) last issued its quarterly earnings results on Wednesday, March 4th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.01. PagSeguro Digital had a return on equity of 16.20% and a net margin of 10.37%.The business had revenue of $991.79 million during the quarter, compared to the consensus estimate of $1.03 billion. On average, analysts expect that PagSeguro Digital Ltd. will post 1.17 EPS for the current year.

PagSeguro Digital Announces Dividend

The business also recently announced a special dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, January 28th were paid a $0.12 dividend. The ex-dividend date was Wednesday, January 28th. PagSeguro Digital’s dividend payout ratio (DPR) is 10.85%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. UBS Group lifted their target price on PagSeguro Digital from $13.00 to $14.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Wall Street Zen cut shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Saturday. Susquehanna lifted their price objective on shares of PagSeguro Digital from $11.00 to $12.00 and gave the stock a “positive” rating in a research report on Friday, November 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of PagSeguro Digital in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, PagSeguro Digital presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.86.

PagSeguro Digital Profile

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.