OneDigital Funding Advisors LLC elevated its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 12.6% in the course of the third quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities & Alternate Fee. The agency owned 13,862 shares of the credit score providers supplier’s inventory after buying a further 1,555 shares in the course of the interval. OneDigital Funding Advisors LLC’s holdings in PayPal have been price $1,082,000 as of its most up-to-date submitting with the Securities & Alternate Fee.
A number of different institutional buyers additionally just lately purchased and bought shares of the inventory. Acadian Asset Administration LLC grew its place in PayPal by 216.9% in the course of the first quarter. Acadian Asset Administration LLC now owns 41,702 shares of the credit score providers supplier’s inventory valued at $2,792,000 after shopping for a further 28,543 shares in the course of the interval. O Shaughnessy Asset Administration LLC boosted its stake in shares of PayPal by 29.7% in the course of the 1st quarter. O Shaughnessy Asset Administration LLC now owns 52,341 shares of the credit score providers supplier’s inventory price $3,506,000 after buying a further 11,984 shares within the final quarter. UniSuper Administration Pty Ltd grew its place in shares of PayPal by 229.8% in the course of the 1st quarter. UniSuper Administration Pty Ltd now owns 29,443 shares of the credit score providers supplier’s inventory valued at $1,972,000 after buying a further 20,516 shares in the course of the interval. Bessemer Group Inc. elevated its stake in shares of PayPal by 18.5% within the 1st quarter. Bessemer Group Inc. now owns 12,898 shares of the credit score providers supplier’s inventory valued at $863,000 after buying a further 2,018 shares within the final quarter. Lastly, Lake Road Advisors Group LLC raised its holdings in PayPal by 67.7% within the 1st quarter. Lake Road Advisors Group LLC now owns 11,901 shares of the credit score providers supplier’s inventory price $797,000 after buying a further 4,803 shares in the course of the interval. 68.32% of the inventory is at present owned by hedge funds and different institutional buyers.
Analyst Rankings Modifications
A number of analysts have commented on PYPL shares. Susquehanna raised their value goal on PayPal from $83.00 to $94.00 and gave the corporate a “optimistic” ranking in a report on Wednesday, October thirtieth. Wells Fargo & Firm elevated their value goal on shares of PayPal from $70.00 to $75.00 and gave the corporate an “equal weight” ranking in a report on Thursday, October seventeenth. William Blair upgraded shares of PayPal to a “maintain” ranking in a analysis report on Tuesday, July thirtieth. Keefe, Bruyette & Woods reiterated an “outperform” ranking and issued a $78.00 value goal on shares of PayPal in a report on Wednesday, September 18th. Lastly, JPMorgan Chase & Co. elevated their goal value on PayPal from $80.00 to $90.00 and gave the corporate an “chubby” ranking in a report on Wednesday, October thirtieth. Fifteen funding analysts have rated the inventory with a maintain ranking, nineteen have given a purchase ranking and one has assigned a powerful purchase ranking to the inventory. Primarily based on knowledge from MarketBeat, the corporate has a median ranking of “Average Purchase” and a consensus goal value of $83.45.
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PayPal Worth Efficiency
PYPL opened at $84.67 on Tuesday. The inventory’s 50-day shifting common value is $79.17 and its 200 day shifting common value is $69.16. PayPal Holdings, Inc. has a 12-month low of $55.28 and a 12-month excessive of $87.92. The agency has a market cap of $84.88 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 1.53 and a beta of 1.43. The corporate has a present ratio of 1.25, a fast ratio of 1.25 and a debt-to-equity ratio of 0.49.
PayPal (NASDAQ:PYPL – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, October twenty ninth. The credit score providers supplier reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.13. PayPal had a internet margin of 14.08% and a return on fairness of 23.44%. The enterprise had income of $7.85 billion for the quarter, in comparison with analysts’ expectations of $7.88 billion. Throughout the identical quarter within the prior yr, the corporate earned $0.97 earnings per share. The enterprise’s quarterly income was up 6.0% on a year-over-year foundation. As a bunch, sell-side analysts count on that PayPal Holdings, Inc. will submit 4.56 earnings per share for the present yr.
PayPal Profile
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 numerous funding sources, similar to financial institution accounts, PayPal or Venmo account stability, 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 reward playing cards and eligible rewards.
See Additionally
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