22 hours Ago By ABMN Staff
HighTower Advisors LLC bought a new stake in PagSeguro Digital Ltd. ( NYSE:PAGS – Free Report ) in the fourth quarter, HoldingsChannel.com reports.
The firm bought 55,643 shares of the company’s stock, valued at approximately $348,000. Several other large investors also recently bought and sold shares of PAGS. SPX Gestao de Recursos Ltda acquired a new position in shares of PagSeguro Digital during the third quarter worth about $38,151,000.
State Street Corp lifted its stake in PagSeguro Digital by 50.8% in the third quarter. State Street Corp now owns 5,908,054 shares of the company’s stock worth $50,868,000 after acquiring an additional 1,990,849 shares during the last quarter.
Geode Capital Management LLC grew its holdings in PagSeguro Digital by 49.1% during the 3rd quarter. Geode Capital Management LLC now owns 3,379,809 shares of the company’s stock worth $29,014,000 after acquiring an additional 1,113,103 shares in the last quarter.
JPMorgan Chase & Co. increased its position in shares of PagSeguro Digital by 101.4% in the 3rd quarter.
JPMorgan Chase & Co. now owns 1,985,074 shares of the company’s stock valued at $17,091,000 after purchasing an additional 999,237 shares during the last quarter. Finally, Robeco Institutional Asset Management B.
V. raised its holdings in shares of PagSeguro Digital by 16.0% in the 4th quarter.
Robeco Institutional Asset Management B.V. now owns 6,353,087 shares of the company’s stock valued at $39,770,000 after purchasing an additional 874,777 shares in the last quarter.
Hedge funds and other institutional investors own 45.88% of the company’s stock. PagSeguro Digital Trading Up 0.
4 % PAGS stock opened at $7.66 on Wednesday. The company has a market capitalization of $2.
53 billion, a P/E ratio of 6.33, a PEG ratio of 0.51 and a beta of 2.
04. The business has a 50 day simple moving average of $7.68 and a 200-day simple moving average of $7.
66. PagSeguro Digital Ltd. has a twelve month low of $6.
11 and a twelve month high of $14.82. Analyst Ratings Changes A number of equities analysts recently commented on PAGS shares.
JPMorgan Chase & Co. dropped their target price on PagSeguro Digital from $16.00 to $11.
00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Citigroup reiterated a “neutral” rating and issued a $7.00 price objective (down previously from $17.
00) on shares of PagSeguro Digital in a report on Thursday, January 16th. Finally, Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock.
Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $11.63.
View Our Latest Analysis on PAGS PagSeguro Digital Company Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding PAGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PagSeguro Digital Ltd. ( NYSE:PAGS – Free Report ).
Receive News & Ratings for PagSeguro Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PagSeguro Digital and related companies with MarketBeat.com's FREE daily email newsletter ..
