Harbour Capital Advisors LLC Invests $482,000 in PagSeguro Digital Ltd. (NYSE:PAGS)

Harbour Capital Advisors LLC bought a new stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 76,710 shares of the company's stock, valued at approximately $482,000.

Several other large investors also recently bought and sold shares of the business. Truvestments Capital LLC raised its position 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 buying an additional 1,923 shares during the last quarter. Point72 Hong Kong Ltd increased its holdings in PagSeguro Digital by 34.6% in 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. Quarry LP raised its position in PagSeguro Digital by 156.2% during the second quarter. Quarry LP now owns 6,242 shares of the company's stock worth $73,000 after acquiring an additional 3,806 shares during the period. Mackenzie Financial Corp lifted its stake in PagSeguro Digital by 18.4% in the 2nd quarter. Mackenzie Financial Corp now owns 36,070 shares of the company's stock valued at $422,000 after buying an additional 5,596 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in PagSeguro Digital during the second quarter worth about $74,000. Institutional investors own 45.88% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on PAGS shares. The Goldman Sachs Group dropped their target price on shares of PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating for the company in a report on Friday, November 15th. Bank of America restated a "neutral" rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Susquehanna lowered their target price on shares of PagSeguro Digital from $19.00 to $16.00 and set a "positive" rating on the stock in a research report on Monday, November 18th. Itau BBA Securities lowered PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 target price on the stock. in a report on Tuesday, October 1st. Finally, KeyCorp upgraded PagSeguro Digital to a "hold" rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, PagSeguro Digital presently has a consensus rating of "Moderate Buy" and an average target price of $14.00.

PagSeguro Digital Stock Up 0.2 %

NYSE PAGS traded up $0.01 on Tuesday, reaching $6.63. 1,651,080 shares of the stock traded hands, compared to its average volume of 3,935,941. PagSeguro Digital Ltd. has a 12 month low of $6.11 and a 12 month high of $14.98. The firm's fifty day simple moving average is $7.14 and its 200 day simple moving average is $9.42. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 5.48, a P/E/G ratio of 0.44 and a beta of 1.94.

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.