PayPal Holdings, Inc. (NASDAQ:PYPL) Holdings Boosted by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC raised its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,053 shares of the credit services provider’s stock after acquiring an additional 606 shares during the period. Integrated Investment Consultants LLC’s holdings in PayPal were worth $5,467,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in PYPL. World Investment Advisors LLC bought a new stake in PayPal in the 3rd quarter valued at about $387,435,000. United Advisor Group LLC acquired a new position in shares of PayPal during the third quarter worth approximately $810,000. Relyea Zuckerberg Hanson LLC increased its position in PayPal by 113.8% in the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 7,470 shares of the credit services provider’s stock valued at $638,000 after acquiring an additional 3,976 shares during the period. FCG Investment Co bought a new stake in PayPal during the 3rd quarter valued at $1,079,000. Finally, Equity Investment Corp boosted its position in PayPal by 3.5% during the 3rd quarter. Equity Investment Corp now owns 1,998,298 shares of the credit services provider’s stock worth $155,927,000 after acquiring an additional 67,497 shares during the period. 68.32% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research note on Wednesday, October 30th. Robert W. Baird upped their target price on PayPal from $80.00 to $91.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Mizuho lifted their price target on PayPal from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Phillip Securities restated an “accumulate” rating and issued a $90.00 price objective (up previously from $80.00) on shares of PayPal in a report on Friday, November 1st. Finally, StockNews.com raised PayPal from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th. Fourteen analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, PayPal currently has an average rating of “Moderate Buy” and an average price target of $89.32.

PayPal Price Performance

PYPL opened at $91.81 on Friday. The stock has a fifty day moving average price of $87.23 and a 200 day moving average price of $76.49. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.49. PayPal Holdings, Inc. has a 1 year low of $55.77 and a 1 year high of $93.66. The stock has a market cap of $92.04 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 1.42 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The business had revenue of $7.85 billion for the quarter, compared to the consensus estimate of $7.88 billion. PayPal had a return on equity of 23.44% and a net margin of 14.08%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $0.97 EPS. Analysts forecast that PayPal Holdings, Inc. will post 4.57 EPS for the current fiscal year.

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.