Todays Report: Today, Delta Lloyd NV invests in 4,471 by buying Paypal Holdings Inc. (PYPL) shares

Today, Delta Lloyd NV invests in 4,471 by buying Paypal Holdings Inc. (PYPL) shares

Delta Lloyd NV raised its stake in Paypal Holdings Inc. (NASDAQ:PYPL) by 1.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 379,452 shares of the company’s stock after buying an additional 4,471 shares during the period. Delta Lloyd NV’s holdings in Paypal Holdings were worth $15,546,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Feltz Wealth PLAN Inc. acquired a new position in Paypal Holdings during the second quarter valued at about $100,000. Winslow Evans & Crocker Inc. boosted its position in Paypal Holdings by 3.5% in the third quarter. Winslow Evans & Crocker Inc. now owns 2,438 shares of the company’s stock valued at $100,000 after buying an additional 82 shares during the last quarter. SevenBridge Financial Group LLC acquired a new position in Paypal Holdings during the second quarter valued at about $120,000. Global X Management Co. LLC boosted its position in Paypal Holdings by 253.7% in the second quarter. Global X Management Co. LLC now owns 3,445 shares of the company’s stock valued at $126,000 after buying an additional 2,471 shares during the last quarter. Finally, Mycio Wealth Partners LLC boosted its position in Paypal Holdings by 35.2% in the second quarter. Mycio Wealth Partners LLC now owns 3,494 shares of the company’s stock valued at $128,000 after buying an additional 909 shares during the last quarter. Institutional investors own 79.70% of the company’s stock.

Paypal Holdings Inc. (NASDAQ:PYPL) traded down 0.559% during midday trading on Monday, hitting $40.035. The stock had a trading volume of 1,860,981 shares. The company has a market cap of $47.24 billion, a PE ratio of 35.429 and a beta of 1.06. Paypal Holdings Inc. has a 52 week low of $30.52 and a 52 week high of $44.52. The stock’s 50 day moving average price is $40.66 and its 200-day moving average price is $38.82.

Paypal Holdings (NASDAQ:PYPL) last posted its quarterly earnings data on Thursday, October 20th. The company reported $0.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35. Paypal Holdings had a net margin of 13.23% and a return on equity of 10.67%. The company had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter in the previous year, the firm posted $0.31 EPS. The business’s revenue was up 18.1% compared to the same quarter last year. Equities research analysts predict that Paypal Holdings Inc. will post $1.50 earnings per share for the current year.

A number of equities research analysts recently weighed in on PYPL shares. RBC Capital Markets restated an “outperform” rating and issued a $46.00 price target on shares of Paypal Holdings in a report on Wednesday, August 3rd. William Blair restated an “outperform” rating on shares of Paypal Holdings in a report on Friday, October 21st. Vetr cut Paypal Holdings from a “buy” rating to a “hold” rating and set a $41.33 price target on the stock. in a report on Tuesday, September 13th. Wedbush restated an “outperform” rating and issued a $50.00 price target on shares of Paypal Holdings in a report on Monday, August 1st. Finally, Cantor Fitzgerald restated a “buy” rating on shares of Paypal Holdings in a report on Sunday, August 28th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-three have given a buy rating to the company’s stock. Paypal Holdings currently has an average rating of “Buy” and an average target price of $45.21.

In related news, VP Aaron Anderson sold 2,644 shares of the company’s stock in a transaction dated Monday, October 31st. The shares were sold at an average price of $41.78, for a total value of $110,466.32. Following the sale, the vice president now owns 10,043 shares of the company’s stock, valued at $419,596.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Gary J. Marino sold 1,726 shares of the company’s stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $40.87, for a total transaction of $70,541.62. Following the completion of the sale, the executive vice president now directly owns 44,505 shares in the company, valued at approximately $1,818,919.35. The disclosure for this sale can be found here. Insiders own 7.00% of the company’s stock.

About Paypal Holdings

PayPal Holdings, Inc (PayPal) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants across the world. The Company allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions.

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