5,445 Shares in PayPal Holdings, Inc. (NASDAQ:PYPL) Acquired by Bard Financial Services Inc.

Bard Financial Services Inc. bought a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,445 shares of the credit services provider’s stock, valued at approximately $1,275,000.

A number of other large investors have also modified their holdings of the stock. Focused Wealth Management Inc boosted its holdings in PayPal by 6.6% during the fourth quarter. Focused Wealth Management Inc now owns 649 shares of the credit services provider’s stock worth $152,000 after buying an additional 40 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in shares of PayPal by 8.1% in the 4th quarter. Princeton Global Asset Management LLC now owns 532 shares of the credit services provider’s stock valued at $125,000 after acquiring an additional 40 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in shares of PayPal by 4.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,057 shares of the credit services provider’s stock valued at $248,000 after acquiring an additional 42 shares in the last quarter. Callahan Advisors LLC lifted its position in shares of PayPal by 3.0% in the 4th quarter. Callahan Advisors LLC now owns 1,602 shares of the credit services provider’s stock valued at $375,000 after acquiring an additional 47 shares in the last quarter. Finally, Blue Square Asset Management LLC lifted its position in shares of PayPal by 4.0% in the 4th quarter. Blue Square Asset Management LLC now owns 1,226 shares of the credit services provider’s stock valued at $287,000 after acquiring an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Several equities research analysts recently commented on the stock. Piper Sandler upped their price target on shares of PayPal from $255.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, February 4th. JMP Securities increased their price target on shares of PayPal from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, February 4th. Loop Capital raised their target price on shares of PayPal from $291.00 to $321.00 and gave the company a “buy” rating in a research note on Friday, February 12th. Macquarie raised their price target on shares of PayPal from $262.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, February 4th. Finally, Sanford C. Bernstein started coverage on shares of PayPal in a research report on Wednesday, January 27th. They issued an “outperform” rating and a $297.00 price target on the stock. Six research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $274.68.

NASDAQ PYPL opened at $255.60 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.48. The firm’s fifty day moving average price is $253.26 and its two-hundred day moving average price is $228.13. PayPal Holdings, Inc. has a 1 year low of $100.75 and a 1 year high of $309.14. The firm has a market capitalization of $299.35 billion, a P/E ratio of 96.45, a price-to-earnings-growth ratio of 3.53 and a beta of 1.12.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Wednesday, February 3rd. The credit services provider reported $1.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.08. PayPal had a net margin of 15.48% and a return on equity of 18.31%. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the firm posted $0.86 earnings per share. The company’s quarterly revenue was up 23.3% compared to the same quarter last year. On average, research analysts anticipate that PayPal Holdings, Inc. will post 2.8 EPS for the current fiscal year.

In related news, CEO Daniel H. Schulman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 10th. The shares were sold at an average price of $244.29, for a total value of $2,442,900.00. Following the completion of the transaction, the chief executive officer now owns 245,721 shares in the company, valued at approximately $60,027,183.09. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Mark Britto sold 1,152 shares of the business’s stock in a transaction that occurred on Friday, February 5th. The stock was sold at an average price of $269.11, for a total transaction of $310,014.72. Following the completion of the transaction, the executive vice president now owns 81,961 shares in the company, valued at approximately $22,056,524.71. The disclosure for this sale can be found here. Insiders sold 243,350 shares of company stock worth $64,563,418 over the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

PayPal Company Profile

PayPal Holdings, Inc operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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