Rothschild Investment LLC Has $5.71 Million Stock Position in PayPal Holdings, Inc. (NASDAQ:PYPL)

Rothschild Investment LLC raised its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,920 shares of the credit services provider’s stock after purchasing an additional 3,226 shares during the period. Rothschild Investment LLC’s holdings in PayPal were worth $5,712,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PYPL. Gordian Capital Singapore Pte Ltd acquired a new position in PayPal during the third quarter valued at approximately $26,000. Rosenberg Matthew Hamilton raised 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 valued at $26,000 after purchasing an additional 125 shares in the last quarter. Sugarloaf Wealth Management LLC raised its position 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 purchasing an additional 272 shares in the last quarter. Planning Capital Management Corp raised its position in PayPal by 186.1% during the third quarter. Planning Capital Management Corp now owns 412 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 268 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its position in PayPal by 125.3% during the third quarter. Financial Management Professionals Inc. now owns 437 shares of the credit services provider’s stock valued at $34,000 after purchasing an additional 243 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $74.95 on Monday. PayPal Holdings, Inc. has a fifty-two week low of $56.97 and a fifty-two week high of $93.66. The stock has a market cap of $74.14 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 1.27 and a beta of 1.44. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 1.26. The firm’s 50-day simple moving average is $85.18 and its 200 day simple moving average is $80.88.

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $100.00 price target on shares of PayPal in a report on Thursday, December 12th. Bank of America upgraded shares of PayPal from a “neutral” rating to a “buy” rating and upped their price target for the stock from $86.00 to $103.00 in a report on Monday, December 9th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of PayPal in a report on Tuesday, February 4th. Keefe, Bruyette & Woods upped their price target on shares of PayPal from $92.00 to $104.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Susquehanna upped their price target on shares of PayPal from $94.00 to $101.00 and gave the stock a “positive” rating in a report on Monday, January 6th. Fourteen analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.52.

About PayPal

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.