Consolidated Portfolio Review Corp Has $272,000 Stock Position in PayPal Holdings, Inc. (NASDAQ:PYPL)

Consolidated Portfolio Review Corp cut its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 14.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,424 shares of the credit services provider’s stock after selling 742 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in PayPal were worth $272,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PYPL. Bartlett & Co. LLC grew its position in PayPal by 8.5% during the 4th quarter. Bartlett & Co. LLC now owns 9,414 shares of the credit services provider’s stock worth $594,000 after acquiring an additional 740 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of PayPal by 9.5% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 847,006 shares of the credit services provider’s stock valued at $53,344,000 after buying an additional 73,687 shares during the period. Sunbelt Securities Inc. raised its holdings in PayPal by 4.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 20,242 shares of the credit services provider’s stock valued at $1,183,000 after buying an additional 942 shares during the last quarter. Bellecapital International Ltd. boosted its position in PayPal by 2.0% during the 4th quarter. Bellecapital International Ltd. now owns 21,685 shares of the credit services provider’s stock worth $1,332,000 after buying an additional 433 shares during the period. Finally, First Hawaiian Bank grew its holdings in PayPal by 8.6% during the 4th quarter. First Hawaiian Bank now owns 6,936 shares of the credit services provider’s stock worth $426,000 after acquiring an additional 552 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Mizuho reduced their price target on PayPal from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, February 8th. William Blair restated an “outperform” rating on shares of PayPal in a report on Thursday, February 8th. StockNews.com upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research report on Friday, April 5th. Stephens restated an “equal weight” rating and issued a $70.00 target price on shares of PayPal in a report on Thursday, February 8th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $66.00 price target (down from $118.00) on shares of PayPal in a report on Tuesday, January 9th. Twenty-three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, PayPal currently has an average rating of “Hold” and an average price target of $70.47.

PayPal Stock Down 1.8 %

PYPL opened at $64.59 on Monday. PayPal Holdings, Inc. has a fifty-two week low of $50.25 and a fifty-two week high of $77.95. The firm has a market capitalization of $67.99 billion, a P/E ratio of 16.82, a PEG ratio of 1.47 and a beta of 1.45. The company’s 50-day moving average is $62.12 and its 200 day moving average is $59.79. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.29 and a quick ratio of 1.29.

PayPal (NASDAQ:PYPL) last announced its earnings results on Wednesday, February 7th. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.12. PayPal had a return on equity of 20.84% and a net margin of 14.26%. The firm had revenue of $8.03 billion during the quarter, compared to analyst estimates of $7.88 billion. During the same period last year, the firm posted $1.01 EPS. The business’s revenue was up 8.7% compared to the same quarter last year. Research analysts expect that PayPal Holdings, Inc. will post 3.93 earnings per share for the current fiscal year.

Insider Activity at PayPal

In other news, SVP Frank Keller sold 7,686 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $60.64, for a total value of $466,079.04. Following the completion of the transaction, the senior vice president now directly owns 23,430 shares of the company’s stock, valued at $1,420,795.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is currently owned by company insiders.

PayPal Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.