Checchi Capital Advisers has an ownership of 12,907 stocks of the credit services provider's shares valued $555,000 after scooping up an extra 1,025 shares through out the previous quarter, Lastly, Good Life Advisors bought a new stake in PayPal Holdings during the Q1 valued about $248,000.
The following firms have also recently changed their position in PYPL. Inc. boosted its stake in PayPal Holdings by 36.7% in the first quarter.
Hedge funds have recently made changes to their positions in the company.
Magellan Asset Management Ltd says it decreased its investment in PayPal Holdings, Inc.by 0.3% in a 13F filing with the SEC. Crestwood Advisors Group LLC purchased a new stake in PayPal Holdings during the first quarter valued at approximately $106,000. Norway Savings Bank boosted its position in shares of PayPal Holdings by 0.5% in the first quarter. The fund owned 148,775 shares of the credit services provider's stock after buying an additional 250,775 shares during the period. Bangor Savings Bank now owns 12,480 shares of the credit services provider's stock worth $537,000 after buying an additional 34 shares during the period. South Dakota Investment Council owns 387,334 shares worth $20,788,000. Carroll Financial Associates Inc. increased its stake in PayPal Holdings by 41.7% in the first quarter. Concourse Capital Management, LLC now owns 134,520 shares valued at $7,220,000. (PYPL) to grow. At recent closing price of $58.02, PYPL has a chance to add $5.36 or 9.24% in 52 weeks, based on mean target price ($63.38) placed by analysts.The analyst consensus opinion of 2 looks like a hold. PayPal Holdings has a one year low of $36.30 and a one year high of $61.30.
The most current P/E ratio is 46.79 and market capitalization is 69.76B. PayPal Holdings, Inc. The company's 50-day moving average price is $56.89 and its 200-day moving average price is $48.35.
PayPal Holdings (NASDAQ:PYPL) last released its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.03. The total value of its holdings increased 12.8%. The business had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same period in the prior year, the business posted $0.36 EPS.
For the past 5 years, PayPal Holdings, Inc.'s EPS growth has been almost 110.04%.
PayPal Holdings announced that its board has approved a share buyback program on Wednesday, April 26th that permits the company to buyback $5.00 billion in outstanding shares. This repurchase authorization permits the credit services provider to repurchase up to 9.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.
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PYPL has been the subject of several research analyst reports. Goldman Sachs Group, Inc. Jefferies reiterated a "buy" recommendation and given a $52.00 target price on stock of PayPal Holdings in a note on Fri, Apr 28th.
On July 27 Raymond James maintained a stock rating of "Outperform" and raised the price target from $45.00 to $65.00.
On July 19, 2017 the stock rating was set at "Hold" in a report from SunTrust Robinson Humphrey down from the previous "Buy" rating. Credit Suisse Group restated an "outperform" rating and set a $47.00 price objective on shares of PayPal Holdings in a report on Monday, April 17th. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.65 average brokerage recommendation. The stock was sold at an average price of $59.00, for a total value of $79,709.00. Following the completion of the transaction, the executive vice president now directly owns 37,491 shares in the company, valued at approximately $1,967,527.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
In other news, Director Gail J. Mcgovern sold 1,800 shares of PayPal Holdings stock in a transaction dated Thursday, June 8th. Following the completion of the sale, the chief operating officer now owns 29,252 shares of the company's stock, valued at $1,733,181. The disclosure for this sale can be found here. The company's shares were given away at $59.25 per share worth to an income of some $5,332,500 on account of Ready William J. The average volume of a stock suggests the liquidity of a particular company.