Paypal Holdings Inc (NASDAQ:PYPL) Stock Holdings Raised by Delaney Dennis R

Delaney Dennis R raised its stake in Paypal Holdings Inc (NASDAQ:PYPL) by 7.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,994 shares of the credit services provider’s stock after purchasing an additional 632 shares during the period. Delaney Dennis R’s holdings in Paypal were worth $974,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Frontier Wealth Management LLC grew its position in shares of Paypal by 1.6% during the 2nd quarter. Frontier Wealth Management LLC now owns 6,418 shares of the credit services provider’s stock valued at $735,000 after buying an additional 100 shares during the last quarter. First Command Financial Services Inc. boosted its stake in Paypal by 5.5% during the 3rd quarter. First Command Financial Services Inc. now owns 1,908 shares of the credit services provider’s stock valued at $197,000 after purchasing an additional 100 shares during the period. Rikoon Group LLC boosted its stake in Paypal by 0.5% during the 3rd quarter. Rikoon Group LLC now owns 19,993 shares of the credit services provider’s stock valued at $2,071,000 after purchasing an additional 100 shares during the period. Gardiner Nancy B boosted its stake in Paypal by 1.3% during the 4th quarter. Gardiner Nancy B now owns 7,965 shares of the credit services provider’s stock valued at $862,000 after purchasing an additional 100 shares during the period. Finally, Security National Trust Co. boosted its stake in Paypal by 0.4% during the 3rd quarter. Security National Trust Co. now owns 28,100 shares of the credit services provider’s stock valued at $2,911,000 after purchasing an additional 105 shares during the period. 80.60% of the stock is owned by institutional investors.

In related news, CEO Daniel H. Schulman sold 30,000 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $104.10, for a total transaction of $3,123,000.00. Following the completion of the sale, the chief executive officer now directly owns 437,308 shares of the company’s stock, valued at $45,523,762.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Daniel H. Schulman sold 25,719 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $104.73, for a total transaction of $2,693,550.87. Following the sale, the chief executive officer now directly owns 407,793 shares of the company’s stock, valued at $42,708,160.89. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 93,886 shares of company stock valued at $9,772,487. Company insiders own 0.15% of the company’s stock.

PYPL has been the subject of a number of analyst reports. BidaskClub raised shares of Paypal from a “sell” rating to a “hold” rating in a research note on Saturday, November 30th. Wedbush reissued an “outperform” rating on shares of Paypal in a research note on Friday, November 22nd. Rosenblatt Securities reissued a “buy” rating and set a $128.00 target price on shares of Paypal in a research note on Thursday, October 24th. Cantor Fitzgerald reduced their target price on shares of Paypal from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. Finally, Morgan Stanley set a $129.00 target price on shares of Paypal and gave the company a “buy” rating in a research note on Tuesday, September 17th. Nine investment analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $122.09.

Shares of NASDAQ:PYPL traded up $0.21 during trading on Wednesday, reaching $114.85. The company had a trading volume of 5,954,058 shares, compared to its average volume of 7,349,581. The firm’s fifty day moving average is $108.42 and its 200 day moving average is $107.72. The firm has a market capitalization of $132.60 billion, a PE ratio of 64.16, a price-to-earnings-growth ratio of 2.32 and a beta of 0.94. Paypal Holdings Inc has a twelve month low of $86.62 and a twelve month high of $121.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.43 and a current ratio of 1.43.

Paypal (NASDAQ:PYPL) last issued its quarterly earnings results on Wednesday, October 23rd. The credit services provider reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.09. The company had revenue of $4.38 billion during the quarter, compared to analyst estimates of $4.35 billion. Paypal had a net margin of 14.89% and a return on equity of 16.73%. The business’s revenue for the quarter was up 18.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 EPS. Equities analysts predict that Paypal Holdings Inc will post 2.3 earnings per share for the current fiscal year.

About Paypal

PayPal Holdings, Inc operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumers to send payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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Institutional Ownership by Quarter for Paypal (NASDAQ:PYPL)

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