Economy

PayPal Holdings, Inc. (PYPL) - Jefferies Holds Rating And Sets New Price Target

The SI to Gds Holdings Limited Ads's float is 4.68%.

Several other research firms have also recently weighed in on PYPL. Guardian Life Insurance Co. of America lifted its stake in shares of PayPal Holdings by 0.9% during the 1st quarter. PayPal Holdings, Inc.'s institutional ownership is 85.1%, while its institutional transactions stand at 0.06%. Apriem Advisors now owns 8,398 shares of the credit services provider's stock worth $451,000 after buying an additional 52 shares during the last quarter. Guardian Life Insurance Co. of America grew its holdings in shares of PayPal Holdings by 0.9% in the first quarter. Sigma Planning Corp grew its holdings in shares of PayPal Holdings by 0.4% in the second quarter. Its up 16.55% from 787,200 shares previously. Finally, Train Babcock Advisors LLC boosted its position in shares of PayPal Holdings by 1.6% in the second quarter. Norinchukin Bank The now owns 130,503 shares of the credit services provider's stock valued at $5,614,000 after purchasing an additional 5,462 shares during the last quarter. The company has market cap of $82.39 billion.

WARNING: This story was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune.

TRADEMARK VIOLATION NOTICE: "PayPal Holdings, Inc". The correct version of this story can be viewed at https://www.truebluetribune.com/2017/10/14/platinum-investment-management-ltd-cuts-holdings-in-paypal-holdings-inc-pypl.html. RBC Capital Markets maintained Paypal Holdings Inc (NASDAQ:PYPL) rating on Thursday, January 28. The brokerage now has a $68.00 target price on the credit services provider's stock, up from their prior target price of $57.00.

In other news, EVP Gary J. Marino sold 1,351 shares of the company's stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $59.00, for a total value of $79,709.00. Following the completion of the sale, the executive vice president now directly owns 39,405 shares in the company, valued at approximately $1,675,500.60. The disclosure for this sale can be found here. Also, COO William J. Ready sold 90,000 shares of the company's stock in a transaction that occurred on Monday, July 31st. Corporate insiders own 7.00% of the company's stock.

A number of equities analysts have recently commented on the stock. Pacific Crest upgraded PayPal Holdings from a sector weight rating to an overweight rating and boosted their price target for the company from $34.00 to $60.00 in a report on Wednesday, June 21st. The stock of Paypal Holdings Inc (NASDAQ:PYPL) has "Hold" rating given on Tuesday, July 25 by SunTrust.

In analysts report made public this morning, Barclays restate their Overweight rating on PayPal Holdings (NASDAQ:PYPL) shares. The rating was initiated by Citigroup on Wednesday, July 22 with "Buy".

PayPal Holdings, Inc. (PYPL) stock price rose 72.95 percent over the past one year, while increased 59.52 percent during the past 6 months. The company presently has a consensus rating of "Buy" and a consensus target price of $64.49. PayPal Holdings Inc has $75 highest and $45 lowest target. (NYSE:PYPL). At the time of writing, the First Call consensus price target for the company is $66.17.

Shares of Paypal Holdings (NASDAQ:PYPL) traded up 0.68% on Friday, reaching $53.52. The stock's 50 day moving average is $64.38 and its 200 day moving average is $64.38. The target price suggests a potential upside of 9.46 % from the last price of PayPal Holdings (NASDAQ:PYPL). The credit services provider reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The Return on Equity ratio of PayPal Holdings, Inc. The Higher end of the revenue forecast is $3.62 Billion, while the Lower end of the forecast is $3.48 Billion.

Investors wait Paypal Holdings Inc (NASDAQ:PYPL) to report on October, 19. its quarterly earnings Wall Street analysts expect $0.32 earnings per share, up $0.03 or 10.34 % from last year's $0.29 same quarter earnings. The company's quarterly revenue was up 16.9% compared to the same quarter past year.

It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers.



Like this

loading...
loading...

Latest


15 October 2017
OnePlus 3/3T starts getting Android Oreo based OxygenOS Open Beta
Keep in mind that, according to OnePlus , Android Oreo will be the last major Android update for the OnePlus 3 and 3T . Apart from OS upgrade, the build do carries September security patch and all the tasty ingredients of the Android Oreo.

15 October 2017
3 big takeaways from the Sun Devils' win over No
Huskies freshman Van Soderberg missed field goals of 27 and 21 yards, the first one wide left, the second off the right upright. It was an outstanding effort from Phil Bennett's defense as they pressured Washington quarterback Jake Browning all night.

15 October 2017
How to Watch Georgia vs. Missouri
Missouri's defense surrendered 370 rushing yards to No. 4 Georgia , and the Bulldogs cruised to a 53-28 victory Saturday. Missouri linebacker Cale Garrett's interception in the first quarter set up Lock's scoring pass to Okwuegbunam.

15 October 2017
Citigroup Maintains Rating And Raises Price Target On Honeywell International Inc. (HON)
Alphabet Inc Us$0.001 "A" was reduced too. 389.74 million shares or 0.52% less from 391.76 million shares in 2017Q1 were reported. Aviva Plc holds 0.61% or 823,867 shares in its portfolio. (NASDAQ:GLUU) earned "Buy" rating by Roth Capital on Tuesday, April 26.

15 October 2017
Kangaroos benefit from ref howler in World Cup trial
The Australian Kangaroos have won the Tri-Nations after beating the Vodafone Fiji Bati and the PNG Kumuls at the ANZ Stadium. However, the Kangaroos showed their class with tries to Tom Trbojevic, Josh Mansour, Dane Gagai and Wade Graham.

15 October 2017
Clinton Group Inc. Acquires New Position in BioMarin Pharmaceutical Inc. (BMRN)
Earnings per share (EPS) shows a trader what portion of a company's profit is allocated to each outstanding share of common stock. BioMarin Pharmaceutical accounts for about 4.0% of Nexthera Capital LP's portfolio, making the stock its 11th largest position.

15 October 2017
Brixmor Property Group Inc. (NYSE:BRX) stock to focus
The Eubel Brady & Suttman Asset Management Inc holds 187,523 shares with $11.95 million value, down from 197,201 last quarter. The company has mean EPS estimate of 0.22 reported by 2 number of analyst for the quarter ending Current Qtr.(Sep2017).

15 October 2017
Counting of votes in Vengara bypoll begins
IUML, in 2016 elections, had secured 38,057 votes to win the election with Kunhalikutty as its candidate. The LS seat fell vacant following the demise of party veteran E Ahmed early this year.

15 October 2017
Kansas State Loses to TCU
But effort alone, be it offensively or defensively, wasn't good enough Saturday to knock off the undefeated Horned Frogs. Once the team came back on field, Olonilua had another one-yard touchdown run for TCU , bringing to score to 26-6.

15 October 2017
Lamar Advertising Company (NASDAQ:LAMR) Position Decreased by Fred Alger Management Inc
The firm owned 222,308 shares of the real estate investment trust's stock after selling 179,692 shares during the period. Two Sigma Securities LLC acquired a new stake in shares of Lamar Advertising during the 1st quarter worth about $220,000.