PagSeguro Digital Ltd. (NYSE:PAGS) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its position in PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 49.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,379,809 shares of the company's stock after purchasing an additional 1,113,103 shares during the quarter. Geode Capital Management LLC owned 1.03% of PagSeguro Digital worth $29,014,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in PAGS. Y.D. More Investments Ltd raised its position in shares of 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 purchasing an additional 1,800 shares in the last quarter. Quarry LP raised its holdings in PagSeguro Digital by 156.2% in the second quarter. Quarry LP now owns 6,242 shares of the company's stock valued at $73,000 after acquiring an additional 3,806 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in PagSeguro Digital during the 2nd quarter valued at $74,000. GW Henssler & Associates Ltd. bought a new position in PagSeguro Digital during the 3rd quarter valued at $87,000. Finally, Point72 Hong Kong Ltd grew its holdings in PagSeguro Digital by 34.6% during the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company's stock worth $93,000 after acquiring an additional 2,767 shares in the last quarter. 45.88% of the stock is owned by institutional investors and hedge funds.

PagSeguro Digital Stock Down 1.4 %

NYSE PAGS traded down $0.09 on Friday, hitting $6.38. The stock had a trading volume of 3,636,588 shares, compared to its average volume of 4,279,090. The company's 50-day moving average is $7.60 and its two-hundred day moving average is $9.87. PagSeguro Digital Ltd. has a one year low of $6.11 and a one year high of $14.98. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 5.27, a P/E/G ratio of 0.44 and a beta of 1.92.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. KeyCorp raised shares of PagSeguro Digital to a "hold" rating in a research report on Friday, November 15th. The Goldman Sachs Group decreased their target price on PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Friday, November 15th. Susquehanna lowered their price target on PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating for the company in a report on Monday, November 18th. Bank of America restated a "neutral" rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. Finally, Cantor Fitzgerald upgraded shares of PagSeguro Digital to a "strong-buy" rating in a research note on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $14.00.

PagSeguro Digital 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.