Wealth Enhancement Advisory Services LLC grew its stake in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,060 shares of the credit services provider’s stock after purchasing an additional 1,523 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in PayPal were worth $5,857,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. grew its position in PayPal by 46.5% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 105,443 shares of the credit services provider’s stock worth $6,119,000 after acquiring an additional 33,447 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in PayPal by 36.2% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,357 shares of the credit services provider’s stock worth $369,000 after acquiring an additional 1,690 shares during the last quarter. Plato Investment Management Ltd grew its position in PayPal by 1.8% during the 2nd quarter. Plato Investment Management Ltd now owns 30,718 shares of the credit services provider’s stock worth $1,783,000 after acquiring an additional 556 shares during the last quarter. Rathbones Group PLC grew its position in PayPal by 2.9% during the 2nd quarter. Rathbones Group PLC now owns 275,987 shares of the credit services provider’s stock worth $16,016,000 after acquiring an additional 7,881 shares during the last quarter. Finally, Angeles Investment Advisors LLC grew its position in PayPal by 37.3% during the 2nd quarter. Angeles Investment Advisors LLC now owns 6,777 shares of the credit services provider’s stock worth $393,000 after acquiring an additional 1,841 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently commented on PYPL shares. Susquehanna increased their price target on PayPal from $94.00 to $101.00 and gave the stock a “positive” rating in a research report on Monday, January 6th. Needham & Company LLC restated a “hold” rating on shares of PayPal in a research report on Wednesday, October 30th. JPMorgan Chase & Co. upped their price objective on PayPal from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Oppenheimer began coverage on PayPal in a report on Tuesday, October 1st. They set a “market perform” rating on the stock. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $88.00 price objective on shares of PayPal in a report on Friday, November 22nd. Fourteen analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, PayPal has an average rating of “Moderate Buy” and an average price target of $88.65.
PayPal Price Performance
PYPL stock opened at $83.99 on Tuesday. The stock has a 50-day moving average price of $86.75 and a two-hundred day moving average price of $76.10. The stock has a market cap of $84.20 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 1.66 and a beta of 1.44. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.49. PayPal Holdings, Inc. has a 1 year low of $55.77 and a 1 year high of $93.66.
PayPal (NASDAQ:PYPL – Get Free Report) last released its earnings results on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $7.85 billion during the quarter, compared to analysts’ expectations of $7.88 billion. PayPal had a return on equity of 23.44% and a net margin of 14.08%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 EPS. Equities analysts forecast that PayPal Holdings, Inc. will post 4.57 EPS for the current fiscal year.
PayPal Company Profile
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.
Read More
- Five stocks we like better than PayPal
- Short Selling: How to Short a Stock
- 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
- Trading Halts Explained
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- Breakout Stocks: What They Are and How to Identify Them
- Delta Can Fly to New Highs in 2025; Here’s Why
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.