PagSeguro Digital Ltd. (PAGS) Reaches $32.30 After 4.00% Up Move; Eventide Asset Management Increased Gtt Communications (GTT) Stake

June 13, 2018 - By Adrian Erickson

GTT Communications, Inc. (NYSE:GTT) Logo

Eventide Asset Management Llc increased Gtt Communications Inc (GTT) stake by 943.89% reported in 2018Q1 SEC filing. Eventide Asset Management Llc acquired 398,754 shares as Gtt Communications Inc (GTT)’s stock declined 11.48%. The Eventide Asset Management Llc holds 441,000 shares with $25.01 million value, up from 42,246 last quarter. Gtt Communications Inc now has $2.83 billion valuation. The stock increased 1.37% or $0.7 during the last trading session, reaching $51.85. About 96,288 shares traded. GTT Communications, Inc. (NYSE:GTT) has risen 46.70% since June 13, 2017 and is uptrending. It has outperformed by 34.13% the S&P500. Some Historical GTT News: ; 10/04/2018 – GTT Closes Above 50-Day Moving Average: Technicals; 26/04/2018 – GTT’S SR SECURED BANK CREDIT LINES TO B2 FROM B1 BY MOODY’S; 12/03/2018 – GTT SAYS BANK STREET GROUP LLC SERVED AS ADVISER TO ACCELERATED CONNECTIONS ON THIS TRANSACTION; 26/03/2018 – GTT Communications: Aleph and Crestview Are Significant Hldrs of Interoute; 17/04/2018 – S&P: GTT COMMUNICATIONS ‘B’ CORPORATE CREDIT RATING AFFIRMED;; 21/03/2018 – GTT GTT.PA – DELIVERY IS EXPECTED IN 2020; 16/05/2018 – GTT GETS NOTIFICATION FOR ORDER OF 2 NEW LNG CARRIERS; 26/04/2018 – Fitch Affirms GTT Communications’ IDR at ‘B’ On Term Loan Upsizing; Downgrades Sr Secured Ratings; 12/04/2018 – GTT 1Q REVENUE RISES 12% TO EU64.2M; 17/04/2018 – S&PGR Affirms GTT Comms ‘B’ Rtg; Otlk Negative; Debt Rated ‘B’

The stock of PagSeguro Digital Ltd. (NYSE:PAGS) is a huge mover today! The stock increased 3.19% or $1 during the last trading session, reaching $32.3. About 1.22M shares traded. PagSeguro Digital Ltd. (NYSE:PAGS) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical PAGS News: ; 13/04/2018 – AMERIPRISE FINANCIAL INC REPORTS 11.95 PCT PASSIVE STAKE IN PAGSEGURO DIGITAL LTD AS OF MARCH 31 – SEC FILING; 16/04/2018 – PagSeguro Announces Marcos Lisboa as New Independent Member of Bd of Directors and Audit Committee; 15/05/2018 – Melvin Capital Adds Pagseguro Digital Ltd., Exits Alphabet: 13F; 16/04/2018 – PagSeguro Announces New Independent Member of Board of Directors and Audit Committee; 02/05/2018 – PagSeguro First Quarter 2018 Results – Reminder; 16/05/2018 – Sylebra Adds Pagseguro Digital Ltd., Exits Paycom Software: 13F; 24/04/2018 – Pagseguro Digital Closes Below 50-Day Moving Average; 15/05/2018 – Capital Group Adds Pagseguro Digital Ltd., Cuts Apple: 13F; 24/05/2018 – Pagseguro Digital Closes Above 50-Day Moving Average; 05/04/2018 – Some Tiger Management-related hedge funds boast gains in turbulent 2018The move comes after 7 months positive chart setup for the $10.18 billion company. It was reported on Jun, 13 by Barchart.com. We have $33.59 PT which if reached, will make NYSE:PAGS worth $407.16M more.

Eventide Asset Management Llc decreased Eiger Biopharmaceuticals Inc stake by 62,000 shares to 63,000 valued at $621,000 in 2018Q1. It also reduced Spark Therapeutics Inc (NASDAQ:ONCE) stake by 54,000 shares and now owns 270,000 shares. Wave Life Sciences Ltd was reduced too.

Among 12 analysts covering GTT Communications (NYSE:GTT), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. GTT Communications had 27 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Pacific Crest on Wednesday, September 16. KeyBanc Capital Markets maintained it with “Buy” rating and $38.0 target in Tuesday, October 3 report. The firm earned “Sector Weight” rating on Thursday, January 18 by KeyBanc Capital Markets. Jefferies maintained it with “Buy” rating and $3600 target in Thursday, August 3 report. The company was maintained on Friday, March 2 by Cowen & Co. The firm has “Buy” rating by Cowen & Co given on Wednesday, October 18. The firm has “Buy” rating by Oppenheimer given on Wednesday, December 20. As per Friday, May 4, the company rating was upgraded by KeyBanc Capital Markets. Jefferies maintained the stock with “Buy” rating in Monday, June 26 report. The company was maintained on Thursday, August 3 by Oppenheimer.

More notable recent GTT Communications, Inc. (NYSE:GTT) news were published by: Businesswire.com which released: “GTT Completes Acquisition of Interoute” on May 31, 2018, also Bizjournals.com with their article: “GTT closes its $2.3B acquisition of European fiber network provider” published on June 01, 2018, Businesswire.com published: “GTT to Present at Spring 2018 Investor Conferences” on May 21, 2018. More interesting news about GTT Communications, Inc. (NYSE:GTT) were released by: Seekingalpha.com and their article: “Red Robin Had A Bad Conference Call – Cramer’s Lightning Round (5/24/18)” published on May 25, 2018 as well as Businesswire.com‘s news article titled: “GTT Wins 2018 Leading Lights Award for Best Deal Maker” with publication date: May 16, 2018.

More notable recent PagSeguro Digital Ltd. (NYSE:PAGS) news were published by: Seekingalpha.com which released: “PagSeguro: Buy On The Brazil Sell-Off” on June 08, 2018, also Seekingalpha.com with their article: “Don’t Pay Up For PagSeguro” published on May 31, 2018, Streetinsider.com published: “PagSeguro (PAGS) PT Raised to $47 at Deutsche Bank After Meeting with Management” on June 11, 2018. More interesting news about PagSeguro Digital Ltd. (NYSE:PAGS) were released by: Globenewswire.com and their article: “Factors of Influence in 2018, Key Indicators and Opportunity within CNH Industrial NV, Sanofi, New York, Nabors …” published on June 08, 2018 as well as Seekingalpha.com‘s news article titled: “PagSeguro Digital Ltd. (PAGS) Management on Q1 2018 Results – Earnings Call Transcript” with publication date: May 30, 2018.

GTT Communications, Inc. (NYSE:GTT) Ratings Chart

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