Winch Advisory Services LLC Sells 255 Shares of PayPal Holdings, Inc. (NASDAQ:PYPL)

Winch Advisory Services LLC lowered its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,827 shares of the credit services provider’s stock after selling 255 shares during the period. Winch Advisory Services LLC’s holdings in PayPal were worth $1,436,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in PYPL. World Investment Advisors LLC bought a new stake in PayPal in the 3rd quarter valued at about $387,435,000. United Advisor Group LLC bought a new stake in shares of PayPal in the third quarter valued at approximately $810,000. FCG Investment Co purchased a new stake in shares of PayPal during the 3rd quarter valued at approximately $1,079,000. Equity Investment Corp boosted its holdings in PayPal by 3.5% in the 3rd quarter. Equity Investment Corp now owns 1,998,298 shares of the credit services provider’s stock worth $155,927,000 after buying an additional 67,497 shares during the period. Finally, Weil Company Inc. grew its stake in PayPal by 68.9% in the 3rd quarter. Weil Company Inc. now owns 41,689 shares of the credit services provider’s stock valued at $3,253,000 after buying an additional 17,003 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Price Performance

PYPL opened at $89.64 on Thursday. PayPal Holdings, Inc. has a 12-month low of $55.77 and a 12-month high of $93.66. The company has a market cap of $89.87 billion, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.44. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.49. The stock has a fifty day simple moving average of $86.91 and a two-hundred day simple moving average of $76.31.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. PayPal had a net margin of 14.08% and a return on equity of 23.44%. The company had revenue of $7.85 billion during the quarter, compared to analysts’ expectations of $7.88 billion. During the same period last year, the company posted $0.97 EPS. PayPal’s revenue was up 6.0% on a year-over-year basis. Research analysts predict that PayPal Holdings, Inc. will post 4.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on PYPL. Robert W. Baird increased their price objective on PayPal from $80.00 to $91.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $100.00 price objective on shares of PayPal in a research note on Thursday, December 12th. Morgan Stanley increased their target price on shares of PayPal from $76.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 18th. Sanford C. Bernstein lowered shares of PayPal from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $75.00 to $80.00 in a research report on Thursday, October 10th. Finally, UBS Group increased their price objective on PayPal from $72.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Fourteen research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.16.

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.