PagSeguro Digital Ltd. (NYSE:PAGS) Shares Purchased by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec raised its holdings in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 127.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,000 shares of the company's stock after buying an additional 76,800 shares during the period. Caisse DE Depot ET Placement DU Quebec's holdings in PagSeguro Digital were worth $1,180,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PAGS. Y.D. More Investments Ltd increased its position in PagSeguro Digital by 82.5% in the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company's stock valued at $47,000 after acquiring an additional 1,800 shares during the period. Family Firm Inc. acquired a new position in PagSeguro Digital in the 2nd quarter valued at about $50,000. Quarry LP increased its position in PagSeguro Digital by 156.2% in the 2nd quarter. Quarry LP now owns 6,242 shares of the company's stock valued at $73,000 after acquiring an additional 3,806 shares during the period. EverSource Wealth Advisors LLC acquired a new position in PagSeguro Digital in the 2nd quarter valued at about $74,000. Finally, Nisa Investment Advisors LLC increased its position in PagSeguro Digital by 26.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company's stock valued at $79,000 after acquiring an additional 1,421 shares during the period. 45.88% of the stock is currently owned by institutional investors and hedge funds.

PagSeguro Digital Trading Up 2.1 %

Shares of PagSeguro Digital stock traded up $0.16 during trading hours on Wednesday, reaching $7.49. 6,236,426 shares of the company's stock were exchanged, compared to its average volume of 4,187,195. PagSeguro Digital Ltd. has a 52-week low of $7.14 and a 52-week high of $14.98. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 6.34, a price-to-earnings-growth ratio of 0.39 and a beta of 1.92. The company has a fifty day moving average of $8.15 and a 200-day moving average of $10.49.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. KeyCorp raised PagSeguro Digital to a "hold" rating in a report on Friday, November 15th. Barclays decreased their price target on PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 15th. Morgan Stanley reissued an "underweight" rating and set a $6.50 price target (down previously from $14.00) on shares of PagSeguro Digital in a research note on Thursday, September 5th. Cantor Fitzgerald raised PagSeguro Digital to a "strong-buy" rating in a research note on Thursday, October 3rd. Finally, Itau BBA Securities lowered PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price target on the stock. in a research note on Tuesday, October 1st. One research 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 company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $14.36.

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.