PayPal Holdings, Inc. (PYPL) Stake Decreased by EULAV Asset Management

Alain Brian
Juillet 17, 2017

CMT Asset Management Ltd now owns 24,605 shares of the credit services provider's stock worth $971,000 after buying an additional 9,865 shares during the period.

Rothschild Asset Management Inc. acquired a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL). Gail J. Mcgovern, Director sold $97,146 worth of shares at an average price of $53.97 on June 8th. Finally, West Oak Capital LLC raised its position in PayPal Holdings by 23.9% in the first quarter. Private Advisor Group LLC now owns 49,291 shares of the credit services provider's stock worth $2,025,000 after buying an additional 11,099 shares in the last quarter. Sheets Smith Wealth Management increased its stake in PayPal Holdings by 1.0% in the first quarter. Verity Asset Management Inc. acquired a new position in PayPal Holdings during the first quarter worth $1,266,000. Dimensional Fund Advisors LP increased its stake in PayPal Holdings by 2.0% in the fourth quarter. The credit services provider reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by $0.01. Finally, Investec Asset Management PTY Ltd raised its position in PayPal Holdings by 2.1% in the first quarter. Tredje AP fonden now owns 135,685 shares of the credit services provider's stock worth $5,355,000 after buying an additional 42,240 shares in the last quarter. Following the completion of the transaction, the executive vice president now owns 37,491 shares of the company's stock, valued at approximately $2,025,638.73.

Over the past 50 days, PayPal Holdings, Inc. stock was -2.22% off of the high and 18.45% removed from the low.

PayPal Holdings, Inc. (PYPL)'s distance from 200 day simple moving average is 29.54 percent, its distance from 50 day simple moving average is 9.57 percent, while its distance from 20 day simple moving average is 6.01 percent. The company has a market cap of $64.23 billion, a PE ratio of 45.70 and a beta of 0.95. The stock last traded at $57.16 a bit higher than $52.01, the 50 day moving average and just above the 200 day moving average of $44.86. Equities research analysts expect that PayPal Holdings will post $1.78 earnings per share for the current year. The company had revenue of $2.98 billion during the quarter, compared to analysts' expectations of $2.94 billion. PayPal Holdings had a net margin of 12.60% and a return on equity of 10.78%. The business's quarterly revenue was up 16.9% compared to the same quarter a year ago. During the same period in the previous year, the firm posted $0.37 EPS. Equities research analysts predict that PayPal Holdings, Inc. will post $1.78 EPS for the current year.

PayPal Holdings, Inc., launched on January 30, 2015, is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. If you are viewing this article on another domain, it was stolen and republished in violation of USA and global trademark & copyright law. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/07/15/paypal-holdings-pypl-earning-somewhat-positive-media-coverage-analysis-shows-updated-updated-updated.html.

A number of other research firms have also recently weighed in on PYPL. Jefferies Group LLC restated a "buy" rating and issued a $61.00 target price on shares of PayPal Holdings in a research note on Friday. Keefe, Bruyette & Woods reaffirmed a buy rating and issued a $48.00 price objective on shares of PayPal Holdings in a research note on Tuesday, April 4th. Barclays PLC boosted their target price on PayPal Holdings to $63.00 and gave the company an "overweight" rating in a research note on Monday. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-seven have assigned a buy rating and two have given a strong buy rating to the company. On September 19 the company was downgraded from "Buy" to "Hold" and a price target of $40.00 was set in an announcement from Canaccord Genuity.

In other PayPal Holdings news, EVP Gary J. Marino sold 1,351 shares of the company's stock in a transaction that occurred on Monday, July 3rd. A total volume of 7.24 million shares were traded versus to average volume of 13.97 million shares. Following the completion of the sale, the executive vice president now owns 37,491 shares of the company's stock, valued at approximately $1,967,527.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The Director now owns $682,559 of the stock per an SEC filing yesterday. Insiders have sold 4,501 shares of company stock worth $240,989 in the last quarter. Investors measure stock performance on the basis of a company's earnings power. The Business's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. The Company offers consumers person-to-person (P2P) payment solutions through its PayPal Website and mobile application, Venmo and Xoom.

TRADEMARK VIOLATION NOTICE: "PayPal Holdings (NASDAQ:PYPL) Given Media Sentiment Score of 0.13" was reported by The Cerbat Gem and is owned by of The Cerbat Gem.

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