American Century Companies Inc. raised its stake in PagSeguro Digital Ltd (NYSE:PAGS) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,044,342 shares of the company’s stock after buying an additional 30,361 shares during the quarter. American Century Companies Inc. owned 0.85% of PagSeguro Digital worth $28,897,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in PAGS. Key Square Capital Management LLC boosted its holdings in shares of PagSeguro Digital by 48.2% during the 2nd quarter. Key Square Capital Management LLC now owns 1,100,000 shares of the company’s stock worth $30,525,000 after buying an additional 357,765 shares during the period. Senator Investment Group LP bought a new stake in shares of PagSeguro Digital during the 2nd quarter worth $69,375,000. Hunt Lane Capital LP boosted its holdings in shares of PagSeguro Digital by 9.8% during the 2nd quarter. Hunt Lane Capital LP now owns 2,750,000 shares of the company’s stock worth $76,313,000 after buying an additional 245,000 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of PagSeguro Digital by 47.5% during the 3rd quarter. Sterling Capital Management LLC now owns 100,961 shares of the company’s stock worth $2,794,000 after buying an additional 32,522 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of PagSeguro Digital by 4,445.7% during the 2nd quarter. Wells Fargo & Company MN now owns 532,935 shares of the company’s stock worth $14,790,000 after buying an additional 521,211 shares during the period.

Several analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of PagSeguro Digital from a “hold” rating to a “sell” rating in a report on Thursday, August 16th. UBS Group raised shares of PagSeguro Digital from an “underperform” rating to a “neutral” rating in a report on Friday. Citigroup raised shares of PagSeguro Digital from a “sell” rating to a “neutral” rating in a report on Tuesday, November 13th. ValuEngine downgraded shares of PagSeguro Digital from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. Finally, KeyCorp reduced their price target on shares of PagSeguro Digital from $42.00 to $35.00 and set an “overweight” rating for the company in a report on Friday, November 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $33.75.

Shares of PAGS stock traded up $0.15 during mid-day trading on Friday, reaching $21.36. The company’s stock had a trading volume of 2,816,485 shares, compared to its average volume of 3,931,159. The stock has a market cap of $2.61 billion and a price-to-earnings ratio of 37.47. PagSeguro Digital Ltd has a 1-year low of $20.02 and a 1-year high of $39.97.

COPYRIGHT VIOLATION NOTICE: “PagSeguro Digital Ltd (NYSE:PAGS) Position Lifted by American Century Companies Inc.” was originally reported by Marea Informative and is the sole property of of Marea Informative. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.mareainformativa.com/news/2018/12/08/american-century-companies-inc-raises-holdings-in-pagseguro-digital-ltd-pags-updated-updated-updated.html.

PagSeguro Digital Profile

PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end 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; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.

Further Reading: What is a Roth IRA?

Institutional Ownership by Quarter for PagSeguro Digital (NYSE:PAGS)

Receive News & Ratings for PagSeguro Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PagSeguro Digital and related companies with MarketBeat.com's FREE daily email newsletter.