Personal CFO Solutions LLC Increases Stake in PayPal Holdings, Inc. (NASDAQ:PYPL)

Personal CFO Solutions LLC grew its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,352 shares of the credit services provider’s stock after purchasing an additional 361 shares during the quarter. Personal CFO Solutions LLC’s holdings in PayPal were worth $2,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Focused Wealth Management Inc boosted its position in shares of PayPal by 6.6% in the fourth quarter. Focused Wealth Management Inc now owns 649 shares of the credit services provider’s stock worth $152,000 after purchasing an additional 40 shares during the period. Princeton Global Asset Management LLC boosted its position in shares of PayPal by 8.1% in the fourth quarter. Princeton Global Asset Management LLC now owns 532 shares of the credit services provider’s stock worth $125,000 after purchasing an additional 40 shares during the period. SRS Capital Advisors Inc. boosted its position in shares of PayPal by 4.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,057 shares of the credit services provider’s stock worth $248,000 after purchasing an additional 42 shares during the period. Callahan Advisors LLC boosted its position in shares of PayPal by 3.0% in the fourth quarter. Callahan Advisors LLC now owns 1,602 shares of the credit services provider’s stock worth $375,000 after purchasing an additional 47 shares during the period. Finally, Blue Square Asset Management LLC boosted its position in shares of PayPal by 4.0% in the fourth quarter. Blue Square Asset Management LLC now owns 1,226 shares of the credit services provider’s stock worth $287,000 after purchasing an additional 47 shares during the period. Institutional investors and hedge funds own 82.29% of the company’s stock.

In related news, EVP Adele Louise Pentland sold 6,370 shares of PayPal stock in a transaction that occurred on Wednesday, February 17th. The shares were sold at an average price of $298.00, for a total value of $1,898,260.00. Following the completion of the sale, the executive vice president now directly owns 52,907 shares in the company, valued at approximately $15,766,286. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Daniel H. Schulman sold 10,000 shares of PayPal stock in a transaction that occurred on Tuesday, February 16th. The stock was sold at an average price of $304.32, for a total transaction of $3,043,200.00. Following the completion of the sale, the chief executive officer now owns 150,568 shares of the company’s stock, valued at $45,820,853.76. The disclosure for this sale can be found here. Insiders sold a total of 63,189 shares of company stock valued at $16,453,133 over the last quarter. 0.12% of the stock is owned by company insiders.

Shares of NASDAQ:PYPL traded down $12.93 during trading on Tuesday, reaching $260.92. The stock had a trading volume of 774,869 shares, compared to its average volume of 9,504,380. The firm’s 50-day simple moving average is $257.47 and its 200 day simple moving average is $216.29. The company has a market capitalization of $305.58 billion, a P/E ratio of 103.34, a PEG ratio of 3.53 and a beta of 1.12. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.48. PayPal Holdings, Inc. has a one year low of $82.07 and a one year high of $309.14.

PayPal (NASDAQ:PYPL) last released its earnings results on Wednesday, February 3rd. The credit services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.08. The company had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.09 billion. PayPal had a net margin of 15.48% and a return on equity of 18.31%. PayPal’s revenue for the quarter was up 23.3% on a year-over-year basis. During the same period last year, the business earned $0.86 EPS. Equities research analysts forecast that PayPal Holdings, Inc. will post 2.8 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on PYPL shares. Royal Bank of Canada upped their price target on shares of PayPal from $245.00 to $292.00 and gave the stock an “outperform” rating in a research report on Thursday, February 4th. Sanford C. Bernstein assumed coverage on shares of PayPal in a research report on Wednesday, January 27th. They set an “outperform” rating and a $297.00 target price for the company. Truist upped their target price on shares of PayPal from $200.00 to $285.00 in a research report on Thursday, February 4th. Moffett Nathanson upped their target price on shares of PayPal from $280.00 to $300.00 in a research report on Friday, January 15th. Finally, Susquehanna Bancshares upped their target price on shares of PayPal from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, February 12th. Six analysts have rated the stock with a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $274.68.

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 and receive 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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