19,786 Shares in PagSeguro Digital Ltd. (NYSE:PAGS) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in PagSeguro Digital Ltd. (NYSE:PAGS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,786 shares of the company’s stock, valued at approximately $157,000.

Several other hedge funds also recently bought and sold shares of PAGS. Y.D. More Investments Ltd raised its stake in PagSeguro Digital by 82.5% during the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock worth $47,000 after buying an additional 1,800 shares during the period. Quarry LP increased its holdings in shares of PagSeguro Digital by 156.2% in 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 in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of PagSeguro Digital during the second quarter worth about $74,000. GW Henssler & Associates Ltd. bought a new position in shares of PagSeguro Digital during the 3rd quarter valued at about $87,000. Finally, Point72 Hong Kong Ltd grew its position in shares of PagSeguro Digital by 34.6% in the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock valued at $93,000 after purchasing an additional 2,767 shares during the period. 45.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Bank of America reaffirmed a “neutral” rating on shares of PagSeguro Digital in a research note on Tuesday, December 10th. Itau BBA Securities lowered shares of PagSeguro Digital from an “outperform” rating to a “market perform” rating and set a $12.00 target price for the company. in a research note on Tuesday, October 1st. Susquehanna lowered their target price on PagSeguro Digital from $19.00 to $16.00 and set a “positive” rating for the company in a report on Monday, November 18th. JPMorgan Chase & Co. reduced their price objective on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, Barclays dropped their target price on PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $14.00.

PagSeguro Digital Trading Down 3.0 %

Shares of PAGS opened at $6.19 on Tuesday. The company’s fifty day simple moving average is $7.56 and its 200 day simple moving average is $9.81. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 5.12, a PEG ratio of 0.44 and a beta of 1.92. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.98.

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.