PagSeguro Digital (NYSE:PAGS) Upgraded at KeyCorp

PagSeguro Digital (NYSE:PAGS - Get Free Report) was upgraded by investment analysts at KeyCorp to a "hold" rating in a research note issued on Friday,Zacks.com reports.

PAGS has been the subject of several other reports. Itau BBA Securities lowered PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 target price for the company. in a research report on Tuesday, October 1st. Morgan Stanley reiterated an "underweight" rating and issued a $6.50 target price (down from $14.00) on shares of PagSeguro Digital in a report on Thursday, September 5th. Cantor Fitzgerald raised shares of PagSeguro Digital to a "strong-buy" rating in a research report on Thursday, October 3rd. Susquehanna reduced their price objective on shares of PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating on the stock in a research note on Monday. Finally, Barclays lowered their target price on shares of PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating for the company in a research note on Tuesday, October 15th. One analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $14.36.

PagSeguro Digital Price Performance

Shares of NYSE PAGS traded down $0.03 during mid-day trading on Friday, hitting $7.56. 4,976,295 shares of the stock traded hands, compared to its average volume of 3,977,633. The company has a market cap of $2.49 billion, a PE ratio of 6.25, a price-to-earnings-growth ratio of 0.39 and a beta of 1.95. PagSeguro Digital has a twelve month low of $7.35 and a twelve month high of $14.98. The firm has a 50 day simple moving average of $8.44 and a two-hundred day simple moving average of $10.85.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.01. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. The business had revenue of $874.38 million during the quarter, compared to analyst estimates of $816.34 million. During the same quarter last year, the business earned $0.26 EPS. On average, equities research analysts anticipate that PagSeguro Digital will post 1.19 earnings per share for the current fiscal year.

Institutional Trading of PagSeguro Digital

Several hedge funds have recently bought and sold shares of PAGS. Nisa Investment Advisors LLC grew its holdings in shares of PagSeguro Digital by 26.8% during the second quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company's stock valued at $79,000 after buying an additional 1,421 shares during the last quarter. Y.D. More Investments Ltd increased its holdings in PagSeguro Digital by 82.5% during the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company's stock worth $47,000 after purchasing an additional 1,800 shares in the last quarter. Truvestments Capital LLC increased its holdings in PagSeguro Digital by 9.9% during the 3rd quarter. Truvestments Capital LLC now owns 21,410 shares of the company's stock worth $184,000 after purchasing an additional 1,923 shares in the last quarter. Los Angeles Capital Management LLC raised its stake in shares of PagSeguro Digital by 1.9% in the second quarter. Los Angeles Capital Management LLC now owns 110,951 shares of the company's stock worth $1,297,000 after purchasing an additional 2,083 shares during the last quarter. Finally, Csenge Advisory Group lifted its holdings in shares of PagSeguro Digital by 21.0% in the second quarter. Csenge Advisory Group now owns 12,410 shares of the company's stock valued at $145,000 after purchasing an additional 2,152 shares in the last quarter. Institutional investors and hedge funds own 45.88% of the company's stock.

About PagSeguro Digital

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.