Barton Investment Management grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 2.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 346,737 shares of the credit services provider’s stock after buying an additional 9,690 shares during the period. PayPal Holdings accounts for approximately 5.3% of Barton Investment Management’s portfolio, making the stock its 8th largest position. Barton Investment Management’s holdings in PayPal Holdings were worth $22,202,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in PYPL. Kistler Tiffany Companies LLC raised its holdings in PayPal Holdings by 511.9% during the third quarter. Kistler Tiffany Companies LLC now owns 2,013 shares of the credit services provider’s stock worth $129,000 after purchasing an additional 1,684 shares in the last quarter. Archford Capital Strategies LLC raised its holdings in PayPal Holdings by 65.4% during the first quarter. Archford Capital Strategies LLC now owns 3,241 shares of the credit services provider’s stock worth $139,000 after purchasing an additional 1,281 shares in the last quarter. Balentine LLC raised its holdings in PayPal Holdings by 28.7% during the first quarter. Balentine LLC now owns 3,494 shares of the credit services provider’s stock worth $150,000 after purchasing an additional 780 shares in the last quarter. Harvest Fund Management Co. Ltd raised its holdings in PayPal Holdings by 171.4% during the second quarter. Harvest Fund Management Co. Ltd now owns 2,863 shares of the credit services provider’s stock worth $154,000 after purchasing an additional 1,808 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in PayPal Holdings by 5.6% during the first quarter. SRS Capital Advisors Inc. now owns 3,611 shares of the credit services provider’s stock worth $155,000 after purchasing an additional 190 shares in the last quarter. 82.35% of the stock is owned by institutional investors and hedge funds.

In other PayPal Holdings news, Director John J. Donahoe sold 170,000 shares of PayPal Holdings stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $58.18, for a total value of $9,890,600.00. Following the completion of the sale, the director now directly owns 124,516 shares in the company, valued at $7,244,340.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.00% of the stock is owned by insiders.

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

Several research firms recently issued reports on PYPL. Zacks Investment Research cut shares of PayPal Holdings from a “buy” rating to a “hold” rating in a report on Thursday. Stifel Nicolaus increased their price target on shares of PayPal Holdings from $61.00 to $70.00 and gave the stock a “hold” rating in a report on Sunday, October 22nd. Vetr upgraded shares of PayPal Holdings from a “hold” rating to a “buy” rating and set a $60.76 target price on the stock in a research report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) restated a “conviction-buy” rating and set a $72.00 target price (up from $60.00) on shares of PayPal Holdings in a research report on Thursday, July 27th. Finally, Robert W. Baird restated an “outperform” rating and set a $65.00 target price (up from $59.00) on shares of PayPal Holdings in a research report on Thursday, July 27th. Ten analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and two have given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $69.85.

About PayPal Holdings

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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