PayPal Holdings, Inc. (NASDAQ:PYPL) Stake Increased by Utah Retirement Systems

PayPal Holdings, Inc. (NASDAQ:PYPL) Stake Increased by Utah Retirement Systems”

Finally, FTB Advisors Inc. raised its position in PayPal Holdings by 1.1% in the first quarter. (PYPL) now has a value of $58.02 while the company's 52 week low is at $36.30, the shares dropped to the 52 week low on 09/02/16. The legal version of this story can be accessed at

On July 19 the company was set at "Hold" by SunTrust Robinson Humphrey which is down from the previous "Buy" rating. July 18 investment analysts at Deutsche Bank left the stock rating at "Buy" but moved up the price target to $61.00 from $54.00. Wellington Shields Capital Management LLC's holdings in PayPal Holdings were worth $542,000 at the end of the most recent quarter. PayPal Holdings has a consensus rating of "Buy" and an average price target of $59.49.

Shares of PayPal Holdings (NASDAQ PYPL) opened at 58.02 on Monday. FTB Advisors Inc. now owns 8,245 shares of the credit services provider's stock valued at $363,000 after buying an additional 91 shares in the last quarter. The firm owned 10,100 shares of the credit services provider's stock at the end of the second quarter. Robert W. Baird reiterated an "outperform" recommendation and given a $65.00 target price (up prior from $59.00) on stocks of PayPal Holdings in a note on Thurs, Jul 27th. West Oak Capital LLC now owns 2,850 shares of the credit services provider's stock valued at $123,000 after buying an additional 550 shares during the period.

Several brokerages recently weighed in on PYPL. Carroll Financial Associates Inc. now owns 2,516 shares of the credit services provider's stock valued at $108,000 after buying an additional 740 shares in the last quarter. Norway Savings Bank raised its stake in PayPal Holdings by 0.5% in the first quarter. Carroll Financial Associates Inc. increased its stake in PayPal Holdings by 41.7% in the first quarter. The total value of its holdings increased 12.8%.

The company now has a P/E ratio of 46.79 and market capitalization is 69.76B. Bangor Savings Bank raised its position in PayPal Holdings by 0.3% in the first quarter. Institutional investors own 81.31% of the company's stock. Berkshire Asset Management PA's holdings in PayPal Holdings were valued $1,950,000 as of its latest disclosure with the securities and exchange commission.

The volume of the particular stock is the shares bought and sold in a single trading day. Nasdaq's Holdings Channel has compiled a list of some of the early filers of 13Fs for the previous quarter, 2017 Q2, and as found that a significant number of them hold shares of PayPal. As of the latest earnings report the EPS was $1.24 and is projected to be $1.84 for the current year with 1,202,396,000 shares now outstanding. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period.

Bar Harbor Trust Services is an early 13F filer that has entered into a new position in PYPL in the second quarter of this year.

Currently, EPS of PayPal Holdings, Inc. Sure, the percentage is encouraging but better times are ahead as looking out over a next 5-year period, analysts expect the company to see its earnings go up by 18.29%, annually.

PayPal Holdings announced that its board has initiated a stock buyback plan on Wednesday, April 26th that permits the company to repurchase $5.00 billion in shares. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued. Also, Director Gail J. Mcgovern sold 1,800 shares of the stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $52.48, for a total value of $70,848.00.

In other PayPal Holdings news, EVP Gary J. Marino sold 1,351 shares of the company's stock in a transaction on Tuesday, August 1st. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. On the other side of RSI values, an RSI reading of 30 or below is commonly interpreted as indicating an oversold or undervalued condition that may signal a trend change or corrective price reversal to the upside. Following the completion of the transaction, the executive vice president now directly owns 37,491 shares in the company, valued at approximately $1,967,527.68. Corporate insiders own 6.00% of the company's stock. Tightening the gaze, stock performance for the last 5 trading days is -0.75%. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants.

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