Bronfman E.L. Rothschild L.P. trimmed its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 11.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,348 shares of the credit services provider’s stock after selling 1,600 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in PayPal Holdings were worth $791,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. FMR LLC lifted its position in shares of PayPal Holdings by 36.1% during the 2nd quarter. FMR LLC now owns 82,268,871 shares of the credit services provider’s stock valued at $4,415,371,000 after buying an additional 21,814,940 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of PayPal Holdings by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 77,758,731 shares of the credit services provider’s stock valued at $4,173,311,000 after buying an additional 2,115,017 shares in the last quarter. BlackRock Inc. lifted its position in shares of PayPal Holdings by 4.7% during the 2nd quarter. BlackRock Inc. now owns 62,938,949 shares of the credit services provider’s stock valued at $3,377,936,000 after buying an additional 2,835,027 shares in the last quarter. Fundsmith LLP lifted its position in shares of PayPal Holdings by 6.8% during the 2nd quarter. Fundsmith LLP now owns 14,051,261 shares of the credit services provider’s stock valued at $754,131,000 after buying an additional 889,976 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in shares of PayPal Holdings by 0.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 12,608,026 shares of the credit services provider’s stock valued at $676,673,000 after buying an additional 84,888 shares in the last quarter. 82.77% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on the company. Barclays PLC reaffirmed a “buy” rating on shares of PayPal Holdings in a research report on Tuesday. Canaccord Genuity reaffirmed a “hold” rating and set a $66.00 price objective on shares of PayPal Holdings in a research report on Thursday, November 16th. Robert W. Baird lifted their price objective on PayPal Holdings from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday, November 16th. Vetr cut PayPal Holdings from a “buy” rating to a “hold” rating and set a $78.63 price objective on the stock. in a research report on Friday, November 17th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $85.00 price objective (up from $80.00) on shares of PayPal Holdings in a research report on Friday, November 17th. Ten investment analysts have rated the stock with a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the stock. PayPal Holdings has a consensus rating of “Buy” and an average target price of $73.11.

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PayPal Holdings, Inc. (NASDAQ:PYPL) traded down $0.20 during midday trading on Thursday, hitting $77.57. The stock had a trading volume of 8,073,400 shares, compared to its average volume of 7,650,120. The company has a market cap of $93,230.00 and a P/E ratio of 55.55. PayPal Holdings, Inc. has a 52-week low of $38.06 and a 52-week high of $78.43.

PayPal Holdings (NASDAQ:PYPL) last released its earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. The firm had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.18 billion. PayPal Holdings had a return on equity of 11.33% and a net margin of 12.69%. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS. equities analysts forecast that PayPal Holdings, Inc. will post 1.37 earnings per share for the current fiscal year.

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.

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

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