XTX Topco Ltd Acquires 118,316 Shares of PagSeguro Digital Ltd. (NYSE:PAGS)

XTX Topco Ltd boosted its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 383.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149,155 shares of the company's stock after buying an additional 118,316 shares during the quarter. XTX Topco Ltd's holdings in PagSeguro Digital were worth $1,284,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PAGS. Y.D. More Investments Ltd boosted its holdings 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 purchasing an additional 1,800 shares during the period. Family Firm Inc. purchased a new stake in shares of PagSeguro Digital in the 2nd quarter valued at about $50,000. EverSource Wealth Advisors LLC bought a new stake in shares of PagSeguro Digital during the 2nd quarter valued at about $74,000. Quarry LP grew its holdings in shares of 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 purchasing an additional 3,806 shares in the last quarter. Finally, 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 worth $79,000 after purchasing an additional 1,421 shares in the last quarter. Hedge funds and other institutional investors own 45.88% of the company's stock.

PagSeguro Digital Stock Performance

NYSE:PAGS traded down $0.05 during midday trading on Tuesday, reaching $7.09. 6,542,078 shares of the stock traded hands, compared to its average volume of 4,221,653. The stock has a market capitalization of $2.34 billion, a P/E ratio of 5.90, a PEG ratio of 0.36 and a beta of 1.92. The company has a fifty day moving average of $8.02 and a 200 day moving average of $10.34. PagSeguro Digital Ltd. has a 12 month low of $6.94 and a 12 month high of $14.98.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PAGS. The Goldman Sachs Group lowered their price objective on shares of PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating on the stock in a research report on Friday, November 15th. Itau BBA Securities cut PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price objective for the company. in a report on Tuesday, October 1st. Barclays decreased their price objective on PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating on the stock in a report on Tuesday, October 15th. KeyCorp raised PagSeguro Digital to a "hold" rating in a research note on Friday, November 15th. Finally, Cantor Fitzgerald raised shares of PagSeguro Digital to a "strong-buy" rating in a research note on Thursday, October 3rd. 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's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $14.36.

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.