B. Metzler seel. Sohn & Co. AG Raises Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

B. Metzler seel. Sohn & Co. AG grew its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 43.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,971 shares of the credit services provider's stock after purchasing an additional 23,507 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in PayPal were worth $6,653,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PYPL. Summit Financial LLC lifted its stake in PayPal by 16.5% in the fourth quarter. Summit Financial LLC now owns 10,532 shares of the credit services provider's stock valued at $899,000 after buying an additional 1,494 shares during the period. Edmond DE Rothschild Holding S.A. increased its stake in shares of PayPal by 90.4% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 80,084 shares of the credit services provider's stock valued at $6,835,000 after acquiring an additional 38,021 shares in the last quarter. Meeder Asset Management Inc. lifted its position in shares of PayPal by 41.3% during the 4th quarter. Meeder Asset Management Inc. now owns 2,303 shares of the credit services provider's stock valued at $197,000 after acquiring an additional 673 shares during the period. AIA Group Ltd bought a new position in PayPal during the fourth quarter worth $2,065,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in PayPal by 195.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 228,164 shares of the credit services provider's stock worth $19,474,000 after purchasing an additional 150,895 shares during the period. 68.32% of the stock is currently owned by institutional investors and hedge funds.

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PayPal Price Performance

Shares of PYPL traded up $0.85 during trading hours on Tuesday, reaching $66.10. 7,997,855 shares of the company's stock traded hands, compared to its average volume of 11,219,273. The firm's 50 day simple moving average is $75.28 and its 200-day simple moving average is $80.83. The stock has a market cap of $65.39 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 1.27 and a beta of 1.52. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. PayPal Holdings, Inc. has a 12 month low of $56.97 and a 12 month high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.08. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The firm had revenue of $8.37 billion for the quarter, compared to analyst estimates of $8.27 billion. During the same quarter in the prior year, the firm earned $1.48 EPS. The business's revenue for the quarter was up 4.2% compared to the same quarter last year. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity

In other PayPal news, Director Gail J. Mcgovern sold 2,446 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $72.15, for a total transaction of $176,478.90. Following the transaction, the director now directly owns 29,734 shares in the company, valued at $2,145,308.10. This trade represents a 7.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.14% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on PYPL. BTIG Research reissued a "neutral" rating on shares of PayPal in a research report on Tuesday, February 4th. Wolfe Research raised PayPal from a "peer perform" rating to an "outperform" rating and set a $107.00 price objective for the company in a research note on Friday, December 13th. Needham & Company LLC reaffirmed a "hold" rating on shares of PayPal in a research report on Wednesday, February 26th. Macquarie lifted their price target on shares of PayPal from $115.00 to $117.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Finally, Arete Research downgraded shares of PayPal from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 27th. Sixteen analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $89.40.

About PayPal

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.