Brown Financial Advisors Trims Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Brown Financial Advisors lowered its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 22.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,978 shares of the credit services provider’s stock after selling 4,382 shares during the quarter. Brown Financial Advisors’ holdings in PayPal were worth $1,278,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Synergy Financial Group LTD increased its position in shares of PayPal by 36.8% during the fourth quarter. Synergy Financial Group LTD now owns 6,916 shares of the credit services provider’s stock valued at $590,000 after buying an additional 1,861 shares during the period. BankPlus Trust Department purchased a new position in shares of PayPal during the 4th quarter worth approximately $1,008,000. GHE LLC raised its position in shares of PayPal by 4.7% in the 4th quarter. GHE LLC now owns 28,214 shares of the credit services provider’s stock worth $2,202,000 after acquiring an additional 1,258 shares in the last quarter. Rothschild Investment LLC lifted its stake in shares of PayPal by 5.1% in the 4th quarter. Rothschild Investment LLC now owns 66,920 shares of the credit services provider’s stock valued at $5,712,000 after purchasing an additional 3,226 shares during the period. Finally, Crestwood Advisors Group LLC boosted its position in shares of PayPal by 22.6% during the fourth quarter. Crestwood Advisors Group LLC now owns 4,516 shares of the credit services provider’s stock valued at $385,000 after purchasing an additional 831 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Performance

PYPL opened at $75.25 on Tuesday. The company’s 50 day moving average is $84.86 and its 200 day moving average is $80.96. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. The company has a market cap of $74.44 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 1.27 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.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data 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 firm had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.27 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wolfe Research upgraded PayPal from a “peer perform” rating to an “outperform” rating and set a $107.00 price objective for the company in a report on Friday, December 13th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research note on Wednesday, February 5th. Wells Fargo & Company reissued an “equal weight” rating on shares of PayPal in a research note on Wednesday, February 5th. Phillip Securities reaffirmed an “accumulate” rating and set a $90.00 target price (up previously from $80.00) on shares of PayPal in a research note on Friday, November 1st. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $100.00 target price on shares of PayPal in a report on Thursday, December 12th. Fourteen investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $90.52.

PayPal Company 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.