PayPal Holdings, Inc. (PYPL) Shares Bought by First National Trust Co.

First National Trust Co. lifted its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 8.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,380 shares of the credit services provider’s stock after acquiring an additional 1,781 shares during the quarter. First National Trust Co.’s holdings in PayPal Holdings were worth $1,497,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Guardian Life Insurance Co. of America lifted its position in shares of PayPal Holdings by 0.9% in the 1st quarter. Guardian Life Insurance Co. of America now owns 4,338 shares of the credit services provider’s stock valued at $187,000 after acquiring an additional 38 shares in the last quarter. Apriem Advisors lifted its position in shares of PayPal Holdings by 0.6% in the 2nd quarter. Apriem Advisors now owns 8,398 shares of the credit services provider’s stock valued at $451,000 after acquiring an additional 52 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of PayPal Holdings by 0.4% in the 2nd quarter. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider’s stock valued at $761,000 after acquiring an additional 60 shares in the last quarter. Sigma Planning Corp lifted its position in shares of PayPal Holdings by 0.4% in the 2nd quarter. Sigma Planning Corp now owns 16,819 shares of the credit services provider’s stock valued at $903,000 after acquiring an additional 74 shares in the last quarter. Finally, Train Babcock Advisors LLC lifted its position in PayPal Holdings by 1.6% in the 2nd quarter. Train Babcock Advisors LLC now owns 5,440 shares of the credit services provider’s stock worth $292,000 after buying an additional 86 shares in the last quarter. Institutional investors and hedge funds own 83.08% of the company’s stock.

A number of research firms have issued reports on PYPL. Vetr upgraded shares of PayPal Holdings from a “hold” rating to a “buy” rating and set a $76.80 target price for the company in a research report on Tuesday, October 31st. Zacks Investment Research downgraded shares of PayPal Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. William Blair reiterated a “buy” rating on shares of PayPal Holdings in a research report on Friday, October 20th. Stifel Nicolaus increased their target price on shares of PayPal Holdings from $61.00 to $70.00 and gave the stock a “hold” rating in a research report on Sunday, October 22nd. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $69.00 target price on shares of PayPal Holdings in a research report on Sunday, October 22nd. Ten research analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $69.85.

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Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) traded up $0.42 during trading on Tuesday, hitting $74.45. 2,085,590 shares of the stock traded hands, compared to its average volume of 7,608,000. PayPal Holdings, Inc. has a 1-year low of $38.06 and a 1-year high of $75.45. The firm has a market cap of $88,929.32, a price-to-earnings ratio of 52.85, a P/E/G ratio of 3.07 and a beta of 1.03.

PayPal Holdings (NASDAQ:PYPL) last announced its quarterly earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. PayPal Holdings had a net margin of 12.69% and a return on equity of 11.33%. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period last year, the firm posted $0.35 EPS. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. equities research analysts anticipate that PayPal Holdings, Inc. will post 1.37 EPS for the current year.

About PayPal Holdings

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 Holdings (NASDAQ:PYPL)

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