PayPal Holdings, Inc. $PYPL Shares Acquired by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 34.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,735 shares of the credit services provider’s stock after acquiring an additional 22,883 shares during the quarter. Motley Fool Asset Management LLC’s holdings in PayPal were worth $5,180,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Kelleher Financial Advisors purchased a new position in PayPal in the 3rd quarter valued at $30,000. Torren Management LLC purchased a new position in PayPal in the 4th quarter valued at $31,000. Private Wealth Asset Management LLC grew its position in PayPal by 8,700.0% in the 4th quarter. Private Wealth Asset Management LLC now owns 528 shares of the credit services provider’s stock valued at $31,000 after buying an additional 522 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in PayPal in the 4th quarter valued at $31,000. Finally, Strategic Advocates LLC purchased a new position in PayPal in the 3rd quarter valued at $38,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PYPL has been the topic of a number of analyst reports. BNP Paribas Exane lifted their price objective on shares of PayPal from $41.00 to $43.50 and gave the company a “neutral” rating in a research report on Friday, April 10th. Wolfe Research reiterated a “sell” rating on shares of PayPal in a research report on Monday, February 23rd. Cantor Fitzgerald lifted their price objective on shares of PayPal from $42.00 to $54.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $59.00 price objective on shares of PayPal in a research report on Wednesday, May 6th. Finally, Rothschild & Co Redburn lowered their price objective on shares of PayPal from $50.00 to $32.00 and set a “sell” rating on the stock in a research report on Wednesday, February 11th. Eight research analysts have rated the stock with a Buy rating, thirty-two have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $55.85.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $41.46 on Wednesday. The firm has a market capitalization of $36.57 billion, a P/E ratio of 7.78, a PEG ratio of 1.03 and a beta of 1.34. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.50. The company’s fifty day moving average is $46.07 and its two-hundred day moving average is $50.25. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 1.26.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, May 5th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.27 by $0.07. The company had revenue of $8.35 billion for the quarter, compared to analyst estimates of $8.05 billion. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The business’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 EPS. Analysts forecast that PayPal Holdings, Inc. will post 5.3 EPS for the current fiscal year.

PayPal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, June 4th. PayPal’s payout ratio is presently 10.51%.

Insiders Place Their Bets

In other PayPal news, insider Frank Keller sold 4,612 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.54, for a total transaction of $196,194.48. Following the sale, the insider directly owned 41,567 shares in the company, valued at approximately $1,768,260.18. The trade was a 9.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of PayPal stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $49.46, for a total value of $66,128.02. Following the transaction, the chief accounting officer directly owned 1,586 shares of the company’s stock, valued at $78,443.56. This trade represents a 45.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 20,612 shares of company stock worth $966,623. Corporate insiders own 0.63% of the company’s stock.

PayPal Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.