UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Makes New $5.72 Million Investment in PagSeguro Digital Ltd. (NYSE:PAGS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in PagSeguro Digital Ltd. (NYSE:PAGS) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 663,904 shares of the company’s stock, valued at approximately $5,716,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.20% of PagSeguro Digital at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in PAGS. SG Americas Securities LLC grew its position in PagSeguro Digital by 1,136.0% in the 2nd quarter. SG Americas Securities LLC now owns 208,763 shares of the company’s stock worth $2,440,000 after purchasing an additional 191,873 shares during the period. Nisa Investment Advisors LLC grew its position in shares of PagSeguro Digital by 26.8% during 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. Family Firm Inc. bought a new stake in shares of PagSeguro Digital during the 2nd quarter valued at $50,000. Bank of New York Mellon Corp grew its position in shares of PagSeguro Digital by 8.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 646,392 shares of the company’s stock valued at $7,556,000 after acquiring an additional 50,643 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of PagSeguro Digital by 14.5% during the 2nd quarter. Principal Financial Group Inc. now owns 326,395 shares of the company’s stock valued at $3,816,000 after acquiring an additional 41,376 shares during the period. Institutional investors own 45.88% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald raised shares of PagSeguro Digital to a “strong-buy” rating in a research report on Thursday, October 3rd. Susquehanna cut their price objective on shares of PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a research report on Monday, November 18th. Itau BBA Securities downgraded shares of PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 price objective for the company. in a research report on Tuesday, October 1st. Barclays cut their price objective on shares of PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 15th. Finally, Bank of America restated a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $14.36.

PagSeguro Digital Stock Down 0.8 %

Shares of PAGS stock opened at $7.09 on Wednesday. The stock has a market cap of $2.34 billion, a P/E ratio of 5.86, a PEG ratio of 0.36 and a beta of 1.92. PagSeguro Digital Ltd. has a 52 week low of $6.94 and a 52 week high of $14.98. The company’s fifty day simple moving average is $8.00 and its two-hundred day simple moving average is $10.30.

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.