![]() ![]() Why These 3 Stocks Are Off to Hot September Starts.Darden Restaurants Takes the Low Road Against Inflation.Do These Dividend Achievers Deserve A Place In Your Portfolio?.Get a free copy of the research report on PayPal (PYPL).The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. Institutional investors and hedge funds own 70.67% of the company’s stock. now owns 678,069 shares of the credit services provider’s stock valued at $127,870,000 after purchasing an additional 308,676 shares in the last quarter. lifted its holdings in shares of PayPal by 83.6% in the fourth quarter. Guardian Capital LP now owns 18,696 shares of the credit services provider’s stock valued at $3,526,000 after purchasing an additional 4,673 shares in the last quarter. Guardian Capital LP lifted its holdings in shares of PayPal by 33.3% in the fourth quarter. Covestor Ltd bought a new position in PayPal in the fourth quarter worth approximately $107,000. Qube Research & Technologies Ltd now owns 49,692 shares of the credit services provider’s stock worth $9,371,000 after acquiring an additional 30,196 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in PayPal by 154.9% in the fourth quarter. abrdn plc now owns 1,384,830 shares of the credit services provider’s stock worth $261,151,000 after acquiring an additional 121,024 shares in the last quarter. abrdn plc boosted its holdings in PayPal by 9.6% in the fourth quarter. Several institutional investors and hedge funds have recently made changes to their positions in PYPL. Institutional Investors Weigh In On PayPal Insiders own 0.13% of the company’s stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. ![]() ![]() Following the completion of the sale, the executive vice president now owns 18,100 shares of the company’s stock, valued at $1,770,542. The stock was sold at an average price of $97.82, for a total value of $2,131,595.62. In other news, EVP Peggy Alford sold 21,791 shares of the stock in a transaction dated Thursday, August 4th. Analysts anticipate that PayPal will post 2.88 EPS for the current fiscal year. PayPal had a return on equity of 16.79% and a net margin of 7.79%. The firm had revenue of $6.81 billion during the quarter, compared to the consensus estimate of $6.76 billion. The credit services provider reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.11. PayPal ( NASDAQ:PYPL – Get Rating) last posted its quarterly earnings results on Tuesday, August 2nd. According to, PayPal has a consensus rating of Moderate Buy and a consensus target price of $137.40. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirty-one have assigned a buy rating to the company’s stock. Finally, Evercore ISI upped their target price on PayPal from $124.00 to $136.00 and gave the company an outperform rating in a research report on Wednesday, August 3rd. Barclays lifted their price objective on PayPal from $125.00 to $131.00 and gave the company an overweight rating in a report on Thursday, August 4th. Keefe, Bruyette & Woods dropped their price target on PayPal from $108.00 to $98.00 in a report on Monday, July 11th. Piper Sandler dropped their price target on PayPal from $140.00 to $93.00 and set an overweight rating for the company in a report on Wednesday, July 6th. DA Davidson dropped their price target on PayPal to $120.00 in a report on Tuesday, August 9th. Several other analysts have also recently weighed in on the company. PayPal ( NASDAQ:PYPL – Get Rating) had its target price upped by Deutsche Bank Aktiengesellschaft from $114.00 to $140.00 in a research note released on Monday morning, The Fly reports.
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