(NASDAQ:PYPL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The share price has already crossed its 20 days moving average, floating at a distance of 6.93% and sits 11.19% higher versus its 50 days moving average. The first sale was made at $68.02 but later the stock became weaker, and closed with a gain of 1.59%. RBC Capital Markets maintained Paypal Holdings Inc (NASDAQ:PYPL) rating on Thursday, January 28.
Investors are always on the look for the next great stock to own. Archford Capital Strategies LLC boosted its holdings in PayPal Holdings by 65.4% in the 1st quarter. Norinchukin Bank The now owns 130,503 shares of the credit services provider’s stock worth $5,614,000 after buying an additional 5,462 shares during the period. The stock’s quarterly performance indicates a positive momentum of 20.47 percent, whereas its last one month trend is optimistic with 10.99 percent. Ltd now owns 2,863 shares of the credit services provider’s stock valued at $154,000 after purchasing an additional 1,808 shares during the period. Following the sale, the chief operating officer now owns 29,252 shares in the company, valued at approximately $1,733,181. GAM Holding AG lifted its stake in shares of PayPal Holdings by 14.3% during the 2nd quarter. After the latest check-in, shares are -0.81% off of the 50 day high and 18.83% away from the 50 day low number. Credit Suisse Group reissued an “outperform” rating and issued a $70.00 price target (up from $63.00) on shares of PayPal Holdings in a report on Tuesday. Vetr upgraded shares of PayPal Holdings from a “hold” rating to a “buy” rating and set a $60.76 target price on the stock in a report on Thursday, August 10th. Goldman Sachs Group, Inc. Morgan Stanley raised shares of PayPal Holdings from an “equal weight” rating to an “overweight” rating in a report on Wednesday.
Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). PayPal Holdings presently has an average rating of “Buy” and an average price target of $63.59. However, the institutional investors are observed to own 85.10% of the total shares.
Yesterday PayPal (NASDAQ:PYPL) traded -0.54% lower at $68.86.
PayPal Holdings, Inc. (NYSE:PYPL)’s EPS growth this year is 15.10% and the trailing 12-month EPS is $1.24. The company’s market cap is $80.52 Billion. (NYSE:PYPL)’s stock has been 61.83% and 74.20% for the last 12 months. During the same quarter in the prior year, the firm posted $0.36 earnings per share. The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. The Return on Equity (ROE) value stands at 10.3%. The firm’s quarterly revenue was up 18.3% compared to the same quarter previous year.
Among 53 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 37 have Buy rating, 2 Sell and 14 Hold. The shares were sold at an average price of $59.00, for a total value of $79,709.00. The firm has “Buy” rating by Nomura given on Thursday, July 27. BB&T Securities LLC now owns 170,765 shares of the credit services provider’s stock worth $9,164,000 after purchasing an additional 33,268 shares during the period. When looking at the past five sessions, the stock returned 4.62% gains and is up by 35.72% compared with its 200-day moving average of $64.21.
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