Thompson Investment Management Inc. Has $13.02 Million Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Thompson Investment Management Inc. decreased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 152,586 shares of the credit services provider's stock after selling 21,825 shares during the quarter. PayPal makes up about 1.9% of Thompson Investment Management Inc.'s holdings, making the stock its 7th biggest position. Thompson Investment Management Inc.'s holdings in PayPal were worth $13,023,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of PYPL. Gordian Capital Singapore Pte Ltd acquired a new position in PayPal in the 3rd quarter valued at $26,000. Rosenberg Matthew Hamilton grew its stake in PayPal by 67.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider's stock valued at $26,000 after buying an additional 125 shares during the last quarter. Sugarloaf Wealth Management LLC grew its stake in PayPal by 344.3% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 351 shares of the credit services provider's stock valued at $30,000 after buying an additional 272 shares during the last quarter. Planning Capital Management Corp grew its stake in PayPal by 186.1% in the 3rd quarter. Planning Capital Management Corp now owns 412 shares of the credit services provider's stock valued at $32,000 after buying an additional 268 shares during the last quarter. Finally, Financial Management Professionals Inc. grew its stake in PayPal by 125.3% in the 3rd quarter. Financial Management Professionals Inc. now owns 437 shares of the credit services provider's stock valued at $34,000 after buying an additional 243 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Price Performance

Shares of NASDAQ PYPL traded down $0.17 during trading on Wednesday, reaching $76.04. The company had a trading volume of 3,829,984 shares, compared to its average volume of 11,314,757. PayPal Holdings, Inc. has a 52 week low of $56.97 and a 52 week high of $93.66. The stock has a market cap of $75.22 billion, a PE ratio of 18.96, a PEG ratio of 1.29 and a beta of 1.44. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.25 and a current ratio of 1.26. The business's 50 day moving average price is $87.17 and its 200-day moving average price is $80.06.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share 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 company had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.27 billion. During the same period in the previous year, the firm posted $1.48 earnings per share. The company's revenue was up 4.2% on a year-over-year basis. Analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on PYPL shares. UBS Group raised their target price on shares of PayPal from $72.00 to $85.00 and gave the company a "neutral" rating in a research note on Wednesday, October 30th. Citigroup raised their price target on shares of PayPal from $97.00 to $98.00 and gave the stock a "buy" rating in a research report on Wednesday, February 5th. Barclays lifted their target price on shares of PayPal from $92.00 to $110.00 and gave the company an "overweight" rating in a research report on Tuesday, December 17th. Monness Crespi & Hardt lifted their target price on shares of PayPal from $95.00 to $110.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Finally, Wolfe Research upgraded shares of PayPal from a "peer perform" rating to an "outperform" rating and set a $107.00 target price on the stock in a research report on Friday, December 13th. Thirteen research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $90.52.

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.