Paypal Holdings Inc (PYPL) Shares Sold by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. decreased its holdings in Paypal Holdings Inc (NASDAQ:PYPL) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,520 shares of the credit services provider’s stock after selling 1,710 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in Paypal were worth $1,290,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Advisory Services Network LLC raised its holdings in Paypal by 1.6% in the second quarter. Advisory Services Network LLC now owns 36,802 shares of the credit services provider’s stock worth $1,975,000 after purchasing an additional 584 shares in the last quarter. Cigna Investments Inc. New raised its holdings in Paypal by 1.4% in the fourth quarter. Cigna Investments Inc. New now owns 47,106 shares of the credit services provider’s stock worth $3,468,000 after purchasing an additional 641 shares in the last quarter. Waldron LP raised its holdings in Paypal by 16.9% in the fourth quarter. Waldron LP now owns 4,467 shares of the credit services provider’s stock worth $328,000 after purchasing an additional 646 shares in the last quarter. Cetera Advisors LLC raised its holdings in Paypal by 14.3% in the third quarter. Cetera Advisors LLC now owns 5,449 shares of the credit services provider’s stock worth $346,000 after purchasing an additional 682 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Paypal by 16.2% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 5,085 shares of the credit services provider’s stock worth $326,000 after purchasing an additional 708 shares in the last quarter. 82.15% of the stock is owned by institutional investors.

In other news, Director Rodney C. Adkins bought 6,750 shares of the company’s stock in a transaction on Friday, December 8th. The shares were acquired at an average cost of $74.04 per share, with a total value of $499,770.00. Following the completion of the transaction, the director now owns 10,149 shares of the company’s stock, valued at approximately $751,431.96. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Adele Louise Pentland sold 6,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $78.11, for a total value of $468,660.00. Following the completion of the transaction, the executive vice president now directly owns 46,045 shares in the company, valued at $3,596,574.95. The disclosure for this sale can be found here. Insiders sold 126,344 shares of company stock worth $9,818,481 over the last three months. Insiders own 6.00% of the company’s stock.

Paypal Holdings Inc (NASDAQ:PYPL) opened at $77.27 on Thursday. The stock has a market capitalization of $89,976.00, a PE ratio of 52.56, a price-to-earnings-growth ratio of 2.40 and a beta of 1.18. Paypal Holdings Inc has a 12-month low of $41.27 and a 12-month high of $86.32.

Paypal (NASDAQ:PYPL) last announced its earnings results on Wednesday, January 31st. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.03. The business had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Paypal had a return on equity of 11.59% and a net margin of 13.71%. The business’s revenue for the quarter was up 25.6% on a year-over-year basis. During the same period last year, the firm posted $0.42 earnings per share. analysts anticipate that Paypal Holdings Inc will post 1.75 EPS for the current fiscal year.

Several equities analysts have recently weighed in on the company. BTIG Research downgraded Paypal from a “buy” rating to a “neutral” rating in a report on Thursday, February 1st. Credit Suisse Group reduced their price target on Paypal from $91.00 to $88.00 and set an “outperform” rating for the company in a report on Wednesday. Guggenheim restated a “buy” rating on shares of Paypal in a report on Thursday, February 1st. Mizuho restated a “hold” rating and set a $70.00 price target on shares of Paypal in a report on Thursday, February 1st. Finally, BMO Capital Markets raised their price target on Paypal from $85.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Nine research analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Paypal currently has a consensus rating of “Buy” and an average price target of $76.97.

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Paypal Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

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Institutional Ownership by Quarter for Paypal (NASDAQ:PYPL)

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