Rhumbline Advisers Has $141.47 Million Stake in Paypal Holdings Inc (PYPL)

Cornelia Mascio
Febbraio 21, 2018

Paypal Holdings Inc (NASDAQ:PYPL) EVP Aaron Karczmer sold 7,578 shares of Paypal stock in a transaction dated Friday, February 16th. Janus Henderson Group PLC now owns 4,861,493 shares of the credit services provider's stock valued at $260,921,000 after buying an additional 4,444,097 shares during the last quarter. AXA boosted its holdings in shares of Paypal by 68.4% in the third quarter. Truewealth LLC purchased a new stake in shares of Paypal in the fourth quarter worth $106,000. AXA now owns 382,248 shares of the credit services provider's stock valued at $24,475,000 after purchasing an additional 155,268 shares during the period. Waldron LP now owns 4,467 shares of the credit services provider's stock valued at $328,000 after purchasing an additional 646 shares during the last quarter. Jennison Associates LLC now owns 16,354,298 shares of the credit services provider's stock valued at $1,204,003,000 after buying an additional 8,827,558 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of Paypal by 13.8% in the fourth quarter.

They now have a $90.0 target price per share on Paypal Holdings (NASDAQ:PYPL). Whittier Trust Co. of Nevada Inc. now owns 5,085 shares of the credit services provider's stock worth $326,000 after purchasing an additional 708 shares in the last quarter.

Several brokerages have commented on PYPL.

Paypal (NASDAQ:PYPL)'s stock had its "buy" rating reiterated by stock analysts at Guggenheim in a research report issued to clients and investors on Thursday, February 1st. RBC Capital Markets maintained the shares of PYPL in report on Friday, November 17 with "Buy" rating. Vetr downgraded shares of Paypal from a "buy" rating to a "hold" rating and set a $70.85 price objective for the company.in a research note on Monday, October 23rd.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 20.19%, and has a solid year to date (YTD) performance of 6.45% which means that the stock is constantly adding to its value from the previous fiscal year end price. Nine analysts have rated the stock with a hold rating, thirty-four have given a buy rating and one has given a strong buy rating to the company's stock. Credit Suisse Group lowered their price objective on shares of Paypal from $91.00 to $88.00 and set an "outperform" rating for the company in a research report on Wednesday, February 14th. Capital World Investors raised its holdings in shares of Paypal by 313.5% in the second quarter. Paypal Holdings Inc has a 1 year low of $41.74 and a 1 year high of $86.32. The company has a market capitalization of $94,190.00 and a P/E ratio of 48.38. (NASDAQ:PYPL) earned "Hold" rating by SunTrust on Wednesday, July 19. The credit services provider reported $0.55 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.03. The business had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.64 billion. The return on assets stands at 4.9%, Return on Equity now is 11.8% and the Return on Investment value is 11.2%. The business's revenue was up 25.6% on a year-over-year basis. equities analysts predict that Paypal Holdings Inc will post 1.75 earnings per share for the current fiscal year. Also, COO William J. Ready sold 60,000 shares of the company's stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $77.68, for a total value of $4,660,800.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6,840,505 shares of the company were exchanged, compared to its average volume of 11,500,000. The stock was sold at an average price of $77.88, for a total value of $590,174.64. Following the completion of the sale, the executive vice president now owns 46,045 shares in the company, valued at approximately $3,596,574.95. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 160,931 shares of company stock worth $12,514,585.

ILLEGAL ACTIVITY WARNING: "BlackRock Inc".

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE