Winthrop Advisory Group LLC Has $382,000 Stock Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Winthrop Advisory Group LLC grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 14.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,468 shares of the credit services provider’s stock after buying an additional 189 shares during the quarter. Winthrop Advisory Group LLC’s holdings in PayPal were worth $382,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Sawyer & Company Inc increased its position in PayPal by 566.7% in the second quarter. Sawyer & Company Inc now owns 100 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 85 shares during the period. Parisi Gray Wealth Management acquired a new stake in PayPal in the second quarter worth about $35,000. JTC Employer Solutions Trusteee Ltd acquired a new stake in PayPal in the second quarter worth about $38,000. Rocky Mountain Advisers LLC increased its position in PayPal by 218.4% in the second quarter. Rocky Mountain Advisers LLC now owns 156 shares of the credit services provider’s stock worth $45,000 after purchasing an additional 107 shares during the period. Finally, Baldrige Asset Management LLC acquired a new stake in PayPal in the second quarter worth about $47,000. Institutional investors own 78.94% of the company’s stock.

In other PayPal news, CEO Daniel H. Schulman sold 10,000 shares of the company’s stock in a transaction dated Friday, November 12th. The stock was sold at an average price of $206.38, for a total value of $2,063,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jonathan Auerbach sold 12,314 shares of the company’s stock in a transaction dated Tuesday, November 23rd. The stock was sold at an average price of $187.32, for a total value of $2,306,658.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 34,114 shares of company stock valued at $7,102,758. Corporate insiders own 0.10% of the company’s stock.

A number of analysts recently commented on the company. Truist Securities lowered their price objective on PayPal from $275.00 to $200.00 and set a “hold” rating for the company in a research report on Tuesday, November 9th. UBS Group restated a “buy” rating and set a $263.00 target price on shares of PayPal in a report on Thursday, November 18th. Rosenblatt Securities reduced their target price on PayPal from $352.00 to $322.00 and set a “buy” rating on the stock in a report on Tuesday, November 9th. Susquehanna Bancshares reduced their target price on PayPal from $360.00 to $310.00 and set a “positive” rating on the stock in a report on Tuesday, November 9th. Finally, Bank of America reiterated a “buy” rating on shares of PayPal in a report on Monday, August 30th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirty-five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $283.13.

NASDAQ PYPL traded up $0.66 on Thursday, reaching $188.71. The stock had a trading volume of 13,344,071 shares, compared to its average volume of 8,978,702. The firm has a fifty day moving average of $242.41 and a two-hundred day moving average of $265.40. The company has a market cap of $221.72 billion, a P/E ratio of 45.36, a price-to-earnings-growth ratio of 3.01 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.30 and a quick ratio of 1.29. PayPal Holdings, Inc. has a 1-year low of $184.27 and a 1-year high of $310.16.

PayPal (NASDAQ:PYPL) last released its earnings results on Monday, November 8th. The credit services provider reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.04. The firm had revenue of $6.18 billion during the quarter, compared to the consensus estimate of $6.24 billion. PayPal had a return on equity of 19.75% and a net margin of 20.09%. The company’s revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.80 EPS. Research analysts predict that PayPal Holdings, Inc. will post 3.46 EPS for the current fiscal year.

About PayPal

PayPal Holdings, Inc engages in the development of technology platform for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The firm manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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