PayPal Holdings, Inc. (NASDAQ:PYPL).
Vontobel Asset Management Inc reports that it decreased its position in PayPal Holdings, Inc. shares by 749,575 shares in its quarterly SEC filing. Its investment was valued at $259,975,000 an increase of 6.8% according to the filing.
The following firms have also recently changed their position in PYPL. As of the end of the quarter Gateway Investment Advisers LLC had bought a total of 12,393 shares growing its position 1.7%. The value of the investment in PYPL went from $31,707,000 to $40,222,000 a change of $8,515,000 for the reporting period. Pennsylvania Trust Co bolstered its holdings by buying 3,360 shares an increase of 31.5% in the quarter. Pennsylvania Trust Co controls 14,018 shares with a value of $752,000. The value of the position overall is up by 63.8%.
Appleton Partners Inc/ma grew its position by buying 166 shares an increase of 0.1% as of 06/30/2017. Appleton Partners Inc/ma owns 169,373 shares valued at $9,090,000. The total value of its holdings increased 24.9%.
On July 10 the company was upgraded to “Outperform” from “Market Perform” in a report from Bernstein. On June 21 the stock rating was upgraded from “” to “Overweight” in a report issued by Pacific Crest.
On May 25 the stock rating was downgraded from “Buy” to “Hold” in an announcement from Stifel Nicolaus. On October 21 the stock rating was upgraded from “Hold” to “Buy” with a current price target of $46.00 by Stifel Nicolaus.
October 14 investment analysts at Barclays kept the stock rating at “Overweight” and raised the price expectation to $47.00 from $42.00. On September 19 the company was downgraded from “Buy” to “Hold” and a price target of $40.00 was set by analysts at Canaccord Genuity.
The company is trading up by 2.83 percent from yesterday’s close. It is currently trading at $56.31 just above the 50 day moving average which is $52.01 and marginally over the 200 day moving average of $44.86. The 50 day moving average was up by +7.60% and the 200 day average went up $11.10 or +24.74%.
PayPal Holdings, Inc. currently has a P/E ratio of 47.83 and market capitalization is 67.22B. In the last earnings report the EPS was $1.17 and is expected to be $1.78 for the current year with 1,201,258,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.42 with next year’s EPS anticipated to be $2.12.