CENTRAL TRUST Co Acquires 115 Shares of Paypal Holdings Inc (PYPL)

CENTRAL TRUST Co boosted its stake in Paypal Holdings Inc (NASDAQ:PYPL) by 0.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,697 shares of the credit services provider’s stock after buying an additional 115 shares during the period. CENTRAL TRUST Co’s holdings in Paypal Holdings were worth $2,310,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. AIMZ Investment Advisors LLC raised its stake in Paypal Holdings by 0.3% in the third quarter. AIMZ Investment Advisors LLC now owns 10,173 shares of the credit services provider’s stock worth $417,000 after buying an additional 35 shares during the period. Quadrant Capital Group LLC raised its stake in Paypal Holdings by 0.7% in the third quarter. Quadrant Capital Group LLC now owns 5,992 shares of the credit services provider’s stock worth $238,000 after buying an additional 40 shares during the period. Zevin Asset Management LLC raised its stake in Paypal Holdings by 0.5% in the third quarter. Zevin Asset Management LLC now owns 14,643 shares of the credit services provider’s stock worth $600,000 after buying an additional 80 shares during the period. Winslow Evans & Crocker Inc. raised its stake in Paypal Holdings by 3.5% in the third quarter. Winslow Evans & Crocker Inc. now owns 2,438 shares of the credit services provider’s stock worth $100,000 after buying an additional 82 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. raised its stake in Paypal Holdings by 0.5% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 25,542 shares of the credit services provider’s stock worth $1,008,000 after buying an additional 120 shares during the period. Institutional investors own 81.22% of the company’s stock.

Institutional Ownership by Quarter for Paypal Holdings (NASDAQ:PYPL)

Shares of Paypal Holdings Inc (NASDAQ:PYPL) traded up 0.27% during midday trading on Friday, hitting $43.81. 8,015,796 shares of the stock traded hands. The stock has a market cap of $52.90 billion, a price-to-earnings ratio of 38.10 and a beta of 0.91. The firm has a 50-day moving average price of $42.92 and a 200 day moving average price of $41.19. Paypal Holdings Inc has a one year low of $34.00 and a one year high of $44.52.

Paypal Holdings (NASDAQ:PYPL) last issued its quarterly earnings results on Thursday, January 26th. The credit services provider reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. The company earned $2.98 billion during the quarter, compared to analyst estimates of $2.98 billion. Paypal Holdings had a net margin of 12.92% and a return on equity of 10.69%. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 EPS. Analysts anticipate that Paypal Holdings Inc will post $1.72 earnings per share for the current year.

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PYPL has been the subject of a number of analyst reports. Goldman Sachs Group Inc upped their price target on Paypal Holdings from $49.00 to $50.00 and gave the company a “conviction-buy” rating in a research report on Friday, January 27th. Zacks Investment Research upgraded Paypal Holdings from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a report on Friday, January 13th. Deutsche Bank AG reiterated a “buy” rating and issued a $52.00 price objective on shares of Paypal Holdings in a report on Monday, January 30th. Robert W. Baird reiterated an “outperform” rating and issued a $48.00 price objective on shares of Paypal Holdings in a report on Saturday, January 28th. Finally, Vetr cut Paypal Holdings from a “strong-buy” rating to a “buy” rating and set a $43.39 price objective on the stock. in a report on Tuesday, December 27th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $45.51.

In related news, EVP Gary J. Marino sold 17,386 shares of the stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of $42.63, for a total transaction of $741,165.18. Following the completion of the sale, the executive vice president now directly owns 40,740 shares of the company’s stock, valued at $1,736,746.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Gary J. Marino sold 13,535 shares of the stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of $42.52, for a total transaction of $575,508.20. Following the sale, the executive vice president now directly owns 39,405 shares of the company’s stock, valued at $1,675,500.60. The disclosure for this sale can be found here. Corporate insiders own 7.00% of the company’s stock.

Paypal Holdings Company Profile

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.

5 Day Chart for NASDAQ:PYPL

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