Aurora Funding Counsel trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 4.3% throughout the 2nd quarter, Holdings Channel reviews. The institutional investor owned 14,932 shares of the credit score providers supplier’s inventory after promoting 675 shares throughout the quarter. Aurora Funding Counsel’s holdings in PayPal had been price $867,000 on the finish of the latest reporting interval.
Different institutional buyers and hedge funds additionally lately added to or diminished their stakes within the firm. Primecap Administration Co. CA lifted its stake in shares of PayPal by 180.7% within the 2nd quarter. Primecap Administration Co. CA now owns 4,946,460 shares of the credit score providers supplier’s inventory valued at $287,043,000 after buying a further 3,184,160 shares over the past quarter. The Producers Life Insurance coverage Firm lifted its place in PayPal by 125.1% within the fourth quarter. The Producers Life Insurance coverage Firm now owns 1,724,188 shares of the credit score providers supplier’s inventory price $105,882,000 after shopping for a further 958,130 shares over the past quarter. Clearbridge Investments LLC boosted its stake in PayPal by 15.8% throughout the first quarter. Clearbridge Investments LLC now owns 6,644,317 shares of the credit score providers supplier’s inventory price $445,103,000 after shopping for a further 904,804 shares throughout the interval. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in PayPal by 31.1% throughout the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 2,899,859 shares of the credit score providers supplier’s inventory price $194,262,000 after shopping for a further 687,940 shares throughout the interval. Lastly, Swedbank AB purchased a brand new place in PayPal throughout the first quarter valued at $42,297,000. Hedge funds and different institutional buyers personal 68.32% of the corporate’s inventory.
PayPal Inventory Efficiency
Shares of PayPal inventory opened at $78.03 on Tuesday. The corporate has a market capitalization of $81.62 billion, a PE ratio of 19.65, a P/E/G ratio of 1.12 and a beta of 1.43. The corporate has a 50-day easy shifting common of $69.12 and a two-hundred day easy shifting common of $65.21. PayPal Holdings, Inc. has a one 12 months low of $50.25 and a one 12 months excessive of $80.63. The corporate has a debt-to-equity ratio of 0.47, a fast ratio of 1.24 and a present ratio of 1.24.
PayPal (NASDAQ:PYPL – Get Free Report) final posted its quarterly earnings knowledge on Tuesday, July thirtieth. The credit score providers supplier reported $1.19 EPS for the quarter, topping the consensus estimate of $0.99 by $0.20. The agency had income of $7.89 billion throughout the quarter, in comparison with analyst estimates of $7.82 billion. PayPal had a web margin of 14.30% and a return on fairness of twenty-two.82%. PayPal’s income was up 8.2% on a year-over-year foundation. Throughout the identical quarter within the earlier 12 months, the enterprise posted $0.83 EPS. Analysis analysts anticipate that PayPal Holdings, Inc. will publish 4.42 EPS for the present fiscal 12 months.
Analyst Scores Modifications
A number of equities analysis analysts have lately issued reviews on the inventory. Argus upgraded shares of PayPal from a “maintain” score to a “purchase” score in a report on Wednesday, July thirty first. TD Cowen boosted their goal worth on PayPal from $68.00 to $70.00 and gave the corporate a “maintain” score in a analysis report on Wednesday, July thirty first. Evercore ISI upped their goal worth on PayPal from $65.00 to $70.00 and gave the corporate an “in-line” score in a analysis observe on Tuesday, June twenty fifth. UBS Group raised their worth goal on PayPal from $71.00 to $72.00 and gave the inventory a “impartial” score in a analysis observe on Wednesday, July thirty first. Lastly, Robert W. Baird boosted their worth goal on PayPal from $77.00 to $80.00 and gave the corporate an “outperform” score in a report on Wednesday, July thirty first. Seventeen analysis analysts have rated the inventory with a maintain score, twenty have assigned a purchase score and one has given a powerful purchase score to the corporate’s inventory. In accordance with MarketBeat.com, the corporate presently has a consensus score of “Reasonable Purchase” and a mean worth goal of $76.38.
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About PayPal
PayPal Holdings, Inc operates a expertise platform that allows digital funds on behalf of retailers and shoppers worldwide. It operates a two-sided community at scale that connects retailers and shoppers that allows its prospects to attach, transact, and ship and obtain funds by on-line and in particular person, in addition to switch and withdraw funds utilizing numerous funding sources, comparable 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 present playing cards and eligible rewards.
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