Savant Capital LLC lessened its stake in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 5.3% within the fourth quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The institutional investor owned 12,890 shares of the credit score providers supplier’s inventory after promoting 726 shares throughout the quarter. Savant Capital LLC’s holdings in PayPal have been price $792,000 on the finish of the latest reporting interval.
A number of different institutional buyers and hedge funds have additionally purchased and offered shares of the corporate. Raymond James Monetary Providers Advisors Inc. boosted its holdings in shares of PayPal by 5.3% within the third quarter. Raymond James Monetary Providers Advisors Inc. now owns 478,411 shares of the credit score providers supplier’s inventory valued at $27,968,000 after buying an extra 24,231 shares within the final quarter. Stratos Wealth Companions LTD. lifted its place in shares of PayPal by 41.2% throughout the third quarter. Stratos Wealth Companions LTD. now owns 32,119 shares of the credit score providers supplier’s inventory price $1,878,000 after shopping for an extra 9,377 shares over the past quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its stake in PayPal by 114.3% within the third quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 7,500 shares of the credit score providers supplier’s inventory valued at $438,000 after shopping for an extra 4,000 shares within the final quarter. Telemus Capital LLC grew its place in PayPal by 58.7% within the third quarter. Telemus Capital LLC now owns 10,387 shares of the credit score providers supplier’s inventory valued at $607,000 after buying an extra 3,843 shares over the past quarter. Lastly, Veracity Capital LLC raised its stake in PayPal by 19.2% throughout the third quarter. Veracity Capital LLC now owns 4,121 shares of the credit score providers supplier’s inventory price $241,000 after buying an extra 663 shares within the final quarter. Institutional buyers personal 68.32% of the corporate’s inventory.
Insider Shopping for and Promoting at PayPal
In different information, SVP Frank Keller offered 7,686 shares of the inventory in a transaction that occurred on Friday, March 1st. The inventory was offered at a mean worth of $60.64, for a complete worth of $466,079.04. Following the completion of the sale, the senior vice chairman now straight owns 23,430 shares of the corporate’s inventory, valued at $1,420,795.20. The sale was disclosed in a doc filed with the SEC, which is accessible by way of the SEC web site. Firm insiders personal 0.14% of the corporate’s inventory.
PayPal Inventory Efficiency
NASDAQ PYPL opened at $65.70 on Friday. The corporate has a market cap of $68.73 billion, a P/E ratio of 16.55, a PEG ratio of 1.20 and a beta of 1.41. The corporate has a fifty day easy transferring common of $63.69 and a 200 day easy transferring common of $60.50. The corporate has a present ratio of 1.28, a fast ratio of 1.29 and a debt-to-equity ratio of 0.47. PayPal Holdings, Inc. has a 12-month low of $50.25 and a 12-month excessive of $76.54.
PayPal (NASDAQ:PYPL – Get Free Report) final issued its quarterly earnings information on Tuesday, April thirtieth. The credit score providers supplier reported $1.08 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.22 by ($0.14). The enterprise had income of $7.70 billion for the quarter, in comparison with analyst estimates of $7.52 billion. PayPal had a web margin of 14.26% and a return on fairness of 21.58%. Throughout the identical quarter within the prior 12 months, the enterprise earned $0.86 earnings per share. The agency’s quarterly income was up 9.4% in comparison with the identical quarter final 12 months. Promote-side analysts predict that PayPal Holdings, Inc. will submit 4.13 earnings per share for the present fiscal 12 months.
Wall Road Analyst Weigh In
Numerous equities analysis analysts have just lately weighed in on PYPL shares. Robert W. Baird raised their worth goal on shares of PayPal from $70.00 to $77.00 and gave the corporate an “outperform” ranking in a analysis be aware on Wednesday. TD Cowen boosted their goal worth on shares of PayPal from $58.00 to $68.00 and gave the inventory a “maintain” ranking in a analysis be aware on Wednesday. Needham & Firm LLC reiterated a “maintain” ranking on shares of PayPal in a analysis be aware on Tuesday, April thirtieth. Wedbush reissued an “outperform” ranking and set a $85.00 worth goal on shares of PayPal in a report on Thursday, February eighth. Lastly, Evercore ISI upped their goal worth on PayPal from $60.00 to $65.00 and gave the inventory an “in-line” ranking in a report on Wednesday. Twenty-five funding analysts have rated the inventory with a maintain ranking and 13 have given a purchase ranking to the inventory. In keeping with information from MarketBeat.com, the corporate presently has a mean ranking of “Maintain” and a consensus worth goal of $72.73.
Learn Our Newest Inventory Evaluation on PayPal
PayPal Firm Profile
(Free Report)
PayPal Holdings, Inc operates a know-how platform that permits digital funds on behalf of retailers and customers worldwide. It operates a two-sided community at scale that connects retailers and customers that permits its clients to attach, transact, and ship and obtain funds by way of on-line and in particular person, in addition to switch and withdraw funds utilizing varied funding sources, equivalent to financial institution accounts, PayPal or Venmo account steadiness, PayPal and Venmo branded credit score merchandise comprising its installment merchandise, credit score and debit playing cards, and cryptocurrencies, in addition to different saved worth merchandise, together with present playing cards and eligible rewards.
See Additionally
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