Dynamic Advisors Solutions LLC Invests $201,000 in Paypal Holdings Inc (PYPL) Stock

Dynamic Advisors Solutions LLC purchased a new position in shares of Paypal Holdings Inc (NASDAQ:PYPL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,735 shares of the credit services provider’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cigna Investments Inc. New boosted its position in shares of Paypal by 1.4% during the fourth quarter. Cigna Investments Inc. New now owns 47,106 shares of the credit services provider’s stock worth $3,468,000 after purchasing an additional 641 shares in the last quarter. Waldron LP boosted its position in shares of Paypal by 16.9% during the fourth quarter. Waldron LP now owns 4,467 shares of the credit services provider’s stock worth $328,000 after purchasing an additional 646 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of Paypal by 14.3% during the third quarter. Cetera Advisors LLC now owns 5,449 shares of the credit services provider’s stock worth $346,000 after purchasing an additional 682 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in shares of Paypal by 13.8% during the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 5,760 shares of the credit services provider’s stock worth $424,000 after purchasing an additional 700 shares in the last quarter. Finally, Bfsg LLC boosted its position in shares of Paypal by 19.2% during the fourth quarter. Bfsg LLC now owns 4,479 shares of the credit services provider’s stock worth $330,000 after purchasing an additional 722 shares in the last quarter. 82.48% of the stock is currently owned by institutional investors.

A number of brokerages recently commented on PYPL. Credit Suisse Group dropped their price objective on shares of Paypal from $91.00 to $88.00 and set an “outperform” rating on the stock in a report on Wednesday, February 14th. Zacks Investment Research lowered shares of Paypal from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Wells Fargo & Co upgraded shares of Paypal from a “market perform” rating to an “outperform” rating and set a $70.00 price objective on the stock in a report on Monday, February 5th. Vetr upgraded shares of Paypal from a “hold” rating to a “buy” rating and set a $86.65 price objective on the stock in a report on Thursday, February 1st. Finally, Citigroup restated a “buy” rating and set a $90.00 price objective on shares of Paypal in a report on Thursday, February 1st. Nine equities research analysts have rated the stock with a hold rating, thirty-four have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $76.97.

Paypal Holdings Inc (NASDAQ:PYPL) opened at $77.70 on Friday. The firm has a market cap of $91,824.25, a PE ratio of 52.40, a PEG ratio of 2.45 and a beta of 1.18. Paypal Holdings Inc has a 52 week low of $41.74 and a 52 week high of $86.32.

Paypal (NASDAQ:PYPL) last announced its earnings results on Wednesday, January 31st. The credit services provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.52 by $0.03. The business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.64 billion. Paypal had a net margin of 13.71% and a return on equity of 11.59%. Paypal’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 EPS. equities research analysts forecast that Paypal Holdings Inc will post 1.75 EPS for the current year.

In related news, Director Rodney C. Adkins bought 6,750 shares of Paypal stock in a transaction that occurred on Friday, December 8th. The stock was acquired at an average price of $74.04 per share, with a total value of $499,770.00. Following the acquisition, the director now owns 10,149 shares of the company’s stock, valued at approximately $751,431.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Aaron Anderson sold 9,367 shares of Paypal stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $77.84, for a total transaction of $729,127.28. Following the sale, the vice president now directly owns 18,480 shares of the company’s stock, valued at approximately $1,438,483.20. The disclosure for this sale can be found here. Insiders have sold a total of 160,931 shares of company stock valued at $12,514,585 in the last ninety days. 6.00% of the stock is currently owned by insiders.

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About Paypal

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 (NASDAQ:PYPL)

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