Parkside Financial Bank & Trust Has $180,000 Stake in PayPal Holdings, Inc. (NASDAQ:PYPL)

Parkside Financial Bank & Trust increased its position in PayPal Holdings, Inc. (NASDAQ:PYPLGet Rating) by 8.6% during the second quarter, Holdings Channel.com reports. The firm owned 2,575 shares of the credit services provider’s stock after buying an additional 203 shares during the quarter. Parkside Financial Bank & Trust’s holdings in PayPal were worth $180,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Wiley BROS. Aintree Capital LLC lifted its holdings in shares of PayPal by 1.9% in the 1st quarter. Wiley BROS. Aintree Capital LLC now owns 4,892 shares of the credit services provider’s stock worth $566,000 after purchasing an additional 90 shares in the last quarter. Shay Capital LLC lifted its stake in PayPal by 2.2% during the 4th quarter. Shay Capital LLC now owns 4,520 shares of the credit services provider’s stock valued at $852,000 after acquiring an additional 98 shares in the last quarter. Auxier Asset Management lifted its stake in PayPal by 6.4% during the 4th quarter. Auxier Asset Management now owns 1,667 shares of the credit services provider’s stock valued at $314,000 after acquiring an additional 100 shares in the last quarter. Front Row Advisors LLC lifted its stake in PayPal by 7.5% during the 4th quarter. Front Row Advisors LLC now owns 1,441 shares of the credit services provider’s stock valued at $272,000 after acquiring an additional 100 shares in the last quarter. Finally, First Command Bank lifted its stake in PayPal by 5.2% during the 1st quarter. First Command Bank now owns 2,023 shares of the credit services provider’s stock valued at $234,000 after acquiring an additional 100 shares in the last quarter. 70.67% of the stock is currently owned by institutional investors.

PayPal Stock Down 0.5 %

Shares of NASDAQ PYPL opened at $91.18 on Thursday. The business has a 50-day moving average of $91.50 and a 200-day moving average of $90.65. The firm has a market capitalization of $105.45 billion, a price-to-earnings ratio of 52.40, a PEG ratio of 1.96 and a beta of 1.45. PayPal Holdings, Inc. has a 12 month low of $67.58 and a 12 month high of $279.95. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.52.

PayPal (NASDAQ:PYPLGet Rating) last released its earnings results on Tuesday, August 2nd. The credit services provider reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.11. The company had revenue of $6.81 billion during the quarter, compared to the consensus estimate of $6.76 billion. PayPal had a return on equity of 16.79% and a net margin of 7.79%. Sell-side analysts expect that PayPal Holdings, Inc. will post 2.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Peggy Alford sold 21,791 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $97.82, for a total value of $2,131,595.62. Following the completion of the sale, the executive vice president now owns 18,100 shares in the company, valued at approximately $1,770,542. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

PYPL has been the topic of several recent analyst reports. Evercore ISI raised their price objective on PayPal from $124.00 to $136.00 and gave the company an “outperform” rating in a research note on Wednesday, August 3rd. Morgan Stanley raised their price objective on PayPal from $129.00 to $134.00 and gave the company an “overweight” rating in a research note on Wednesday, August 3rd. JMP Securities lifted their target price on PayPal from $100.00 to $120.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 3rd. Credit Suisse Group lifted their target price on PayPal from $95.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 3rd. Finally, JPMorgan Chase & Co. lowered their target price on PayPal from $127.00 to $112.00 in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and thirty have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.23.

PayPal Profile

(Get Rating)

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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