PayPal Holdings, Inc. (NASDAQ:PYPL) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 19.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,310 shares of the credit services provider’s stock after acquiring an additional 548 shares during the period. Silver Oak Securities Incorporated’s holdings in PayPal were worth $283,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Park Place Capital Corp boosted its holdings in PayPal by 6.6% in the 4th quarter. Park Place Capital Corp now owns 1,886 shares of the credit services provider’s stock valued at $161,000 after purchasing an additional 116 shares during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in PayPal by 67.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 125 shares during the last quarter. Wynn Capital LLC grew its position in PayPal by 1.1% in the fourth quarter. Wynn Capital LLC now owns 11,515 shares of the credit services provider’s stock worth $983,000 after acquiring an additional 130 shares during the period. Brave Asset Management Inc. increased its stake in PayPal by 5.2% during the fourth quarter. Brave Asset Management Inc. now owns 2,828 shares of the credit services provider’s stock worth $241,000 after acquiring an additional 141 shares during the last quarter. Finally, First United Bank & Trust raised its position in PayPal by 6.4% in the third quarter. First United Bank & Trust now owns 2,395 shares of the credit services provider’s stock valued at $187,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on PYPL. Mizuho increased their price target on PayPal from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. BMO Capital Markets increased their target price on shares of PayPal from $73.00 to $82.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 30th. Susquehanna boosted their price target on shares of PayPal from $94.00 to $101.00 and gave the company a “positive” rating in a research note on Monday, January 6th. The Goldman Sachs Group increased their price objective on shares of PayPal from $79.00 to $87.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Monness Crespi & Hardt boosted their target price on PayPal from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Thirteen investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $90.45.

PayPal Stock Performance

Shares of PYPL stock opened at $77.31 on Monday. The stock’s 50-day moving average is $87.52 and its two-hundred day moving average is $79.63. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.25 and a current ratio of 1.26. PayPal Holdings, Inc. has a 1 year low of $55.77 and a 1 year high of $93.66. The firm has a market cap of $76.48 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 1.29 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.08. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The firm had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.27 billion. During the same quarter last year, the business posted $1.48 EPS. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. Analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.