Advisor Partners LLC raised its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 11.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,094 shares of the credit services provider’s stock after buying an additional 1,889 shares during the period. Advisor Partners LLC’s holdings in PayPal Holdings were worth $1,025,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Thompson Davis & CO. Inc. boosted its stake in shares of PayPal Holdings by 36.7% in the first quarter. Thompson Davis & CO. Inc. now owns 2,415 shares of the credit services provider’s stock worth $104,000 after buying an additional 649 shares during the period. Stelac Advisory Services LLC acquired a new stake in shares of PayPal Holdings during the first quarter worth about $119,000. Clean Yield Group acquired a new stake in shares of PayPal Holdings during the first quarter worth about $127,000. Archford Capital Strategies LLC boosted its stake in shares of PayPal Holdings by 65.4% in the first quarter. Archford Capital Strategies LLC now owns 3,241 shares of the credit services provider’s stock worth $139,000 after buying an additional 1,281 shares during the period. Finally, First Personal Financial Services boosted its stake in shares of PayPal Holdings by 73.4% in the first quarter. First Personal Financial Services now owns 3,494 shares of the credit services provider’s stock worth $150,000 after buying an additional 1,479 shares during the period. 82.55% of the stock is owned by institutional investors.

Shares of PayPal Holdings, Inc. (PYPL) opened at 60.53 on Tuesday. PayPal Holdings, Inc. has a 12 month low of $36.30 and a 12 month high of $61.30. The stock has a market capitalization of $72.78 billion, a P/E ratio of 48.81 and a beta of 0.99. The company’s 50-day moving average is $58.61 and its 200 day moving average is $49.86.

PayPal Holdings (NASDAQ:PYPL) last issued its earnings results on Wednesday, July 26th. The credit services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. PayPal Holdings had a return on equity of 11.10% and a net margin of 12.82%. The business had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the company earned $0.36 EPS. The business’s quarterly revenue was up 18.3% on a year-over-year basis. Equities research analysts predict that PayPal Holdings, Inc. will post $1.83 earnings per share for the current year.

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A number of equities research analysts have recently issued reports on PYPL shares. TheStreet raised shares of PayPal Holdings from a “c” rating to a “b-” rating in a research note on Monday, July 3rd. Instinet reaffirmed a “buy” rating and issued a $54.00 price objective on shares of PayPal Holdings in a research note on Friday, May 19th. Vetr raised shares of PayPal Holdings from a “hold” rating to a “buy” rating and set a $51.23 price objective for the company in a research note on Wednesday, May 17th. Citigroup Inc. reaffirmed a “buy” rating and issued a $62.00 price objective (up previously from $52.00) on shares of PayPal Holdings in a research note on Friday, June 9th. Finally, BidaskClub lowered shares of PayPal Holdings from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 14th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $59.49.

In other news, EVP Gary J. Marino sold 1,351 shares of the firm’s stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $54.03, for a total transaction of $72,994.53. Following the sale, the executive vice president now owns 37,491 shares of the company’s stock, valued at approximately $2,025,638.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Gary J. Marino sold 1,350 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $52.48, for a total value of $70,848.00. Following the sale, the executive vice president now directly owns 37,491 shares in the company, valued at approximately $1,967,527.68. The disclosure for this sale can be found here. Insiders have sold a total of 265,852 shares of company stock worth $15,543,798 in the last three months. Corporate insiders own 6.00% of the company’s stock.

PayPal Holdings Company Profile

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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