Rothschild Capital Partners LLC Invests $603,000 in PayPal Holdings, Inc. (NASDAQ:PYPL)

Rothschild Capital Partners LLC purchased a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,070 shares of the credit services provider's stock, valued at approximately $603,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC lifted its position in PayPal by 9.9% during the 3rd quarter. Anchor Investment Management LLC now owns 35,219 shares of the credit services provider's stock worth $2,748,000 after buying an additional 3,175 shares in the last quarter. Boyar Asset Management Inc. bought a new position in shares of PayPal in the third quarter worth about $208,000. World Investment Advisors LLC acquired a new position in shares of PayPal during the third quarter worth approximately $5,296,000. Sfmg LLC bought a new stake in shares of PayPal during the third quarter valued at approximately $234,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in shares of PayPal by 196.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 10,221 shares of the credit services provider's stock valued at $798,000 after purchasing an additional 6,772 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at PayPal

In other news, Director Gail J. Mcgovern sold 2,446 shares of the business's stock in a transaction dated 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. The trade was a 7.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.14% of the company's stock.

PayPal Stock Performance

Shares of PYPL opened at $64.77 on Friday. 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 $55.85 and a 12 month high of $93.66. The firm has a fifty day simple moving average of $67.03 and a 200 day simple moving average of $78.72. The stock has a market capitalization of $64.07 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 1.27 and a beta of 1.60.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.27 billion. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The company's quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.48 EPS. Research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analysts Set New Price Targets

PYPL has been the topic of several research reports. Citigroup reaffirmed an "outperform" rating on shares of PayPal in a report on Wednesday, February 5th. Susquehanna raised their price target on PayPal from $94.00 to $101.00 and gave the company a "positive" rating in a report on Monday, January 6th. DZ Bank raised PayPal from a "hold" rating to a "buy" rating and set a $92.00 price objective for the company in a report on Friday, February 28th. Seaport Res Ptn lowered shares of PayPal from a "hold" rating to a "strong sell" rating in a research note on Thursday, April 17th. Finally, BTIG Research reissued a "neutral" rating on shares of PayPal in a research note on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $85.88.

PayPal 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.

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