Archford Capital Strategies LLC now owns 3,241 shares of the credit services provider's stock worth $139,000 after purchasing an additional 1,281 shares during the period. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider's stock valued at $761,000 after purchasing an additional 60 shares in the last quarter. Finally, Train Babcock Advisors LLC boosted its stake in shares of PayPal Holdings by 1.6% during the 2nd quarter. It also reduced Dish Network Corp (NASDAQ:DISH) stake by 208,805 shares and now owns 4,347 shares. Archford Capital Strategies LLC increased its stake in shares of PayPal Holdings by 65.4% during the first quarter.
About 6.12 million shares traded.
Portland Hill Asset Management Ltd grew its stake in shares of PayPal Holdings, Inc. American Century Companies Inc. now owns 8,080,639 shares of the credit services provider's stock worth $433,688,000 after buying an additional 4,054,993 shares during the last quarter. Institutional investors own 82.47% of the company's stock.
A number of equities analysts have recently weighed in on PYPL shares. Citigroup initiated the stock with "Buy" rating in Wednesday, July 22 report. Bank of America Corporation reissued a "buy" rating and set a $78.00 target price (up previously from $71.00) on shares of PayPal Holdings in a report on Friday, October 6th.
The stock of Paypal Holdings Inc (NASDAQ:PYPL) reached all time high today, Oct, 10 and still has $70.08 target or 6.00% above today's $66.11 share price. Covering sell-side analysts are estimating company growth for next year to be 19.88%. The stock of Paypal Holdings Inc (NASDAQ:PYPL) earned "Buy" rating by Compass Point on Monday, August 3. Now the stock price is moving -90.49% off from the highest level of twelve months and 39.10% above from twelve months low.
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Territorial Bancorp Inc.is the holding firm for Territorial Savings Bank.
Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) opened at 66.05 on Monday. In order to determine directional movement, the 50-day and 200-day moving averages for Dermira, Inc.
Analyzing the technical facts of PayPal Holdings, Inc. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The credit services provider reported $0.46 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.03. It has a return on equity (ROE) of 10.30%. The business had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. The business's revenue for the quarter was up 18.3% on a year-over-year basis.
PayPal Holdings (PYPL) is likely to weather the renegotiation of its contract with former parent eBay (EBAY) better than investors expect, an analyst says, which upgraded the payment processor to overweight on Wednesday.
In related news, EVP Gary J. Marino sold 13,535 shares of Paypal Holdings stock in a transaction dated Tuesday, April 4th. That transaction by Vanguard took place on June 30, 2017, the same day Susquehanna International Group, Llp purchased an additional 2770 shares in PYPL to bring its total stake to 2770. Following the transaction, the director now directly owns 124,516 shares of the company's stock, valued at approximately $7,244,340.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
In other PayPal Holdings news, COO William J. Ready sold 90,000 shares of the firm's stock in a transaction that occurred on Monday, July 31st. Using what are known as momentum indicators, we can use the stock's price momentum to get a sense of whether the stock is in the midst of, or nearing the end of, a current trend.
PayPal Holdings, Inc.is a technology platform and digital payments firm that enables digital and mobile payments on behalf of clients and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. Institutional shareholders now hold a 83.45% stake overall in PYPL.