PayPal Holdings, Inc. (NASDAQ:PYPL) is Lindsell Train Ltd's 7th Largest Position

Lindsell Train Ltd lessened its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 0.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,591,779 shares of the credit services provider's stock after selling 22,080 shares during the quarter. PayPal makes up approximately 8.1% of Lindsell Train Ltd's investment portfolio, making the stock its 7th largest position. Lindsell Train Ltd owned 0.44% of PayPal worth $358,297,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PYPL. Primecap Management Co. CA increased its position in PayPal by 180.7% during the 2nd quarter. Primecap Management Co. CA now owns 4,946,460 shares of the credit services provider's stock valued at $287,043,000 after purchasing an additional 3,184,160 shares during the period. Clearbridge Investments LLC increased its position in shares of PayPal by 28.1% during the second quarter. Clearbridge Investments LLC now owns 8,511,242 shares of the credit services provider's stock worth $493,907,000 after buying an additional 1,866,925 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in PayPal by 31.1% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 2,899,859 shares of the credit services provider's stock worth $194,262,000 after buying an additional 687,940 shares during the last quarter. Swedbank AB bought a new stake in PayPal during the first quarter valued at $42,297,000. Finally, Greenvale Capital LLP grew its holdings in PayPal by 24.4% during the 2nd quarter. Greenvale Capital LLP now owns 2,675,000 shares of the credit services provider's stock worth $155,230,000 after acquiring an additional 525,000 shares during the period. 68.32% of the stock is owned by institutional investors.

PayPal Stock Performance

NASDAQ:PYPL traded up $1.12 during trading hours on Friday, reaching $80.94. The stock had a trading volume of 8,839,784 shares, compared to its average volume of 13,674,411. The stock has a market cap of $82.75 billion, a P/E ratio of 19.52, a price-to-earnings-growth ratio of 1.47 and a beta of 1.44. The stock has a 50 day simple moving average of $73.83 and a 200 day simple moving average of $66.50. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.24 and a current ratio of 1.24. PayPal Holdings, Inc. has a 12-month low of $50.25 and a 12-month high of $82.00.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The credit services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.20. The company had revenue of $7.89 billion during the quarter, compared to analyst estimates of $7.82 billion. PayPal had a return on equity of 22.82% and a net margin of 14.30%. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.83 EPS. On average, research analysts forecast that PayPal Holdings, Inc. will post 4.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PYPL has been the topic of a number of recent analyst reports. StockNews.com downgraded PayPal from a "buy" rating to a "hold" rating in a research note on Thursday, September 19th. Deutsche Bank Aktiengesellschaft increased their price target on PayPal from $74.00 to $94.00 and gave the stock a "buy" rating in a report on Monday, September 23rd. Sanford C. Bernstein lowered shares of PayPal from an "outperform" rating to a "market perform" rating and lifted their price objective for the company from $75.00 to $80.00 in a research note on Thursday, October 10th. William Blair raised shares of PayPal to a "hold" rating in a research note on Tuesday, July 30th. Finally, Jefferies Financial Group decreased their price target on shares of PayPal from $70.00 to $65.00 in a research note on Monday, July 29th. Seventeen research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $77.84.

PayPal Company 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.