Financial Sense Advisors Inc. Purchases 241 Shares of PayPal Holdings, Inc. (NASDAQ:PYPL)

Financial Sense Advisors Inc. lifted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,645 shares of the credit services provider’s stock after purchasing an additional 241 shares during the period. Financial Sense Advisors Inc.’s holdings in PayPal were worth $311,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Gordian Capital Singapore Pte Ltd acquired a new stake in PayPal in the 3rd quarter worth $26,000. Rosenberg Matthew Hamilton grew its position in PayPal by 67.6% during the fourth quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider’s stock worth $26,000 after buying an additional 125 shares in the last quarter. Sugarloaf Wealth Management LLC increased its stake in PayPal by 344.3% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 351 shares of the credit services provider’s stock valued at $30,000 after acquiring an additional 272 shares during the period. Planning Capital Management Corp raised its holdings in PayPal by 186.1% in the 3rd quarter. Planning Capital Management Corp now owns 412 shares of the credit services provider’s stock valued at $32,000 after acquiring an additional 268 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its position in shares of PayPal by 125.3% in the 3rd quarter. Financial Management Professionals Inc. now owns 437 shares of the credit services provider’s stock worth $34,000 after acquiring an additional 243 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analyst Ratings Changes

PYPL has been the topic of a number of research reports. Wolfe Research upgraded PayPal from a “peer perform” rating to an “outperform” rating and set a $107.00 target price for the company in a research note on Friday, December 13th. Susquehanna increased their price objective 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. Royal Bank of Canada reiterated an “outperform” rating and set a $100.00 target price on shares of PayPal in a research report on Thursday, December 12th. Morgan Stanley lowered their target price on shares of PayPal from $90.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Finally, Citigroup raised their price target on shares of PayPal from $97.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, February 5th. Thirteen analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $90.52.

PayPal Trading Down 0.3 %

Shares of PYPL opened at $78.36 on Thursday. The stock’s fifty day simple moving average is $85.98 and its 200-day simple moving average is $80.56. The firm has a market capitalization of $77.52 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 1.28 and a beta of 1.44. PayPal Holdings, Inc. has a 12-month low of $56.97 and a 12-month high of $93.66. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.48.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.08. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The company had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.27 billion. During the same period in the prior year, the company posted $1.48 EPS. The company’s revenue was up 4.2% compared to the same quarter last year. As a group, research 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.