Rothschild Investment LLC Raises Position in PayPal Holdings, Inc. (NASDAQ:PYPL)

Rothschild Investment LLC lifted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,920 shares of the credit services provider’s stock after purchasing an additional 3,226 shares during the period. Rothschild Investment LLC’s holdings in PayPal were worth $5,712,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in PayPal by 9,864.9% in the 3rd quarter. International Assets Investment Management LLC now owns 1,119,262 shares of the credit services provider’s stock valued at $87,336,000 after buying an additional 1,108,030 shares in the last quarter. Ballentine Partners LLC grew its stake in PayPal by 19.5% in the 3rd quarter. Ballentine Partners LLC now owns 14,237 shares of the credit services provider’s stock valued at $1,111,000 after buying an additional 2,320 shares in the last quarter. Mediolanum International Funds Ltd grew its stake in PayPal by 4.1% in the 3rd quarter. Mediolanum International Funds Ltd now owns 27,621 shares of the credit services provider’s stock valued at $2,148,000 after buying an additional 1,092 shares in the last quarter. Joel Isaacson & Co. LLC grew its stake in PayPal by 23.4% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 7,899 shares of the credit services provider’s stock valued at $616,000 after buying an additional 1,500 shares in the last quarter. Finally, Allworth Financial LP grew its stake in PayPal by 11.4% in the 3rd quarter. Allworth Financial LP now owns 5,727 shares of the credit services provider’s stock valued at $447,000 after buying an additional 588 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Stock Performance

Shares of NASDAQ:PYPL opened at $74.95 on Monday. The company has a market cap of $74.14 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.27 and a beta of 1.44. The company has a 50-day moving average price of $85.18 and a 200-day moving average price of $80.88. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. PayPal Holdings, Inc. has a 12 month low of $56.97 and a 12 month high of $93.66.

PayPal (NASDAQ:PYPLGet Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.11 by $0.08. The firm had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.27 billion. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.48 earnings per share. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analyst Upgrades and Downgrades

PYPL has been the subject of a number of recent analyst reports. Barclays boosted their price target on shares of PayPal from $92.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, December 17th. BTIG Research restated a “neutral” rating on shares of PayPal in a research report on Tuesday, February 4th. Wolfe Research upgraded shares of PayPal from a “peer perform” rating to an “outperform” rating and set a $107.00 price target for the company in a research report on Friday, December 13th. StockNews.com upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research report on Tuesday, December 24th. Finally, Bank of America upgraded shares of PayPal from a “neutral” rating to a “buy” rating and boosted their price target for the company from $86.00 to $103.00 in a research report on Monday, December 9th. Fourteen analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, PayPal presently has a consensus rating of “Moderate Buy” and an average target price of $90.52.

Check Out Our Latest Research Report on PYPL

PayPal Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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