2 weeks Ago By Defense World Staff
Bokf Na trimmed its stake in shares of PayPal Holdings, Inc. ( NASDAQ:PYPL – Free Report ) by 63.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 7,280 shares of the credit services provider’s stock after selling 12,459 shares during the quarter. Bokf Na’s holdings in PayPal were worth $422,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently modified their holdings of the stock.
Pittenger & Anderson Inc. grew its holdings in shares of PayPal by 77.5% during the 1st quarter.
Pittenger & Anderson Inc. now owns 394 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 172 shares in the last quarter. American National Bank bought a new position in PayPal in the 1st quarter valued at about $27,000.
Register Financial Advisors LLC acquired a new position in shares of PayPal in the 1st quarter valued at approximately $30,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in shares of PayPal by 65.
8% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 466 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 185 shares during the period.
Finally, Family Firm Inc. acquired a new stake in shares of PayPal during the 2nd quarter worth approximately $29,000. 68.
32% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on PayPal from $65.
00 to $70.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Sanford C.
Bernstein raised shares of PayPal from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $71.00 to $78.00 in a report on Wednesday, July 31st.
Evercore ISI raised their price target on shares of PayPal from $65.00 to $70.00 and gave the company an “in-line” rating in a research note on Tuesday, June 25th.
William Blair upgraded shares of PayPal to a “hold” rating in a research report on Tuesday, July 30th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $80.00 target price on shares of PayPal in a research report on Wednesday, July 31st.
Eighteen research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, PayPal currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.56.
PayPal Stock Up 1.4 % PayPal stock opened at $71.07 on Tuesday.
The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.
47. PayPal Holdings, Inc. has a 12-month low of $50.
25 and a 12-month high of $74.40. The firm’s fifty day moving average is $65.
79 and its 200 day moving average is $64.02. The company has a market capitalization of $72.
66 billion, a PE ratio of 17.90, a PEG ratio of 1.00 and a beta of 1.
43. PayPal ( NASDAQ:PYPL – Get Free Report ) last announced its quarterly earnings results on Tuesday, July 30th. The credit services provider reported $1.
19 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.20.
The business had revenue of $7.89 billion during the quarter, compared to analyst estimates of $7.82 billion.
PayPal had a net margin of 14.30% and a return on equity of 22.82%.
PayPal’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.
83 EPS. As a group, sell-side analysts predict that PayPal Holdings, Inc. will post 4.
42 EPS for the current fiscal year. About PayPal ( Free Report ) PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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