Victory Capital Management Inc. Grows Position in PayPal Holdings, Inc. (NASDAQ:PYPL)

19 Septembre, 2017, 17:38 | Author: Marc Bacque

Now we take a performance look how PayPal Holdings, Inc. (NASDAQ:PYPL) by 2.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Archford Capital Strategies LLC now owns 3,241 shares of the credit services provider's stock worth $139,000 after buying an additional 1,281 shares during the period.

Analyzing the technical facts of PayPal Holdings, Inc.

Several other institutional investors also recently modified their holdings of the company. PayPal Holdings accounts for about 1.5% of Stanley Laman Group Ltd.'s investment portfolio, making the stock its 9th biggest position. LLC raised its position in shares of PayPal Holdings by 71.6% during the second quarter. Swiss National Bank boosted its holdings in shares of PayPal Holdings by 8.9% in the 2nd quarter. MV Capital Management Inc. now owns 2,963 shares of the credit services provider's stock worth $159,000 after buying an additional 199 shares during the period. Bronfman E.L. Rothschild L.P. now owns 13,948 shares of the credit services provider's stock valued at $749,000 after buying an additional 1,161 shares in the last quarter.

At the end of June reporting period, 492 institutional holders increased their position in PayPal Holdings, Inc. LLC now owns 902,004 shares of the credit services provider's stock valued at $48,411,000 after buying an additional 376,471 shares during the last quarter. Institutional investors and hedge funds own 82.46% of the company's stock.

Shares of PayPal Holdings, Inc. Thanks to the latest 0.67% increase, it now trades at $62.92. The third largest holder is Vanguard Group Inc, which now holds $4.86 billion worth of this stock and that ownership represents almost 6.45% of its market capitalization. The company has a 50-day moving average of $62.48 and a 200-day moving average of $59.70.

PayPal Holdings (NASDAQ:PYPL) last posted its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The firm had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. PayPal Holdings had a net margin of 12.82% and a return on equity of 11.10%. The business's revenue for the quarter was up 18.3% compared to the same quarter past year. During the same quarter in the previous year, the company earned $0.36 EPS. Currently, the stock has a 1 Year Price Target of $64.58.

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In other news, COO William J. Ready sold 90,000 shares of PayPal Holdings stock in a transaction that occurred on Monday, July 31st.

In the past 5 years, the stock showed growth of 110.04% per annum. Following the transaction, the chief operating officer now directly owns 29,252 shares of the company's stock, valued at $1,733,181. The sale was disclosed in a filing with the SEC, which is available at this link.

ATR value of company was 1.07 and Relative Strength Index (RSI) was 63.97. The stock was sold at an average price of $54.03, for a total transaction of $72,994.53. The company's past year sales total was 2.67 Million. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 262,702 shares of company stock valued at $15,375,804. The stock witnessed 6.12% gains, 18.87% gains and 45.78% gains for the 1-month, 3-month and 6-month period, respectively.

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PYPL has been the subject of a number of analyst reports. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 81,899,397 shares of the stock are valued at $5.12 billion. Sanford C. Bernstein restated an "outperform" rating and issued a $66.00 target price (up previously from $61.00) on shares of PayPal Holdings in a report on Tuesday, September 5th. Trillium Asset Management LLC's holdings in PayPal Holdings were worth $28,963,000 as of its most recent filing with the Securities & Exchange Commission. Robert W. Baird reaffirmed an "outperform" rating and set a $65.00 target price (up previously from $59.00) on shares of PayPal Holdings in a research report on Thursday, July 27th. Eleven equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of "Buy" and an average target price of $60.78.

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