AlphaMark Advisors LLC Buys 1,000 Shares of PayPal Holdings, Inc. (NASDAQ:PYPL)

AlphaMark Advisors LLC lifted its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 33.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,000 shares of the credit services provider’s stock after purchasing an additional 1,000 shares during the period. AlphaMark Advisors LLC’s holdings in PayPal were worth $341,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Moody Lynn & Lieberson LLC bought a new position in shares of PayPal during the fourth quarter valued at approximately $3,910,000. Jacksonville Wealth Management LLC purchased a new position in shares of PayPal in the 4th quarter valued at $501,000. Flagship Harbor Advisors LLC raised its position in shares of PayPal by 4.1% in the 4th quarter. Flagship Harbor Advisors LLC now owns 21,308 shares of the credit services provider’s stock worth $1,819,000 after acquiring an additional 838 shares in the last quarter. Grange Capital LLC purchased a new stake in shares of PayPal during the 4th quarter worth $656,000. Finally, Toth Financial Advisory Corp boosted its position in PayPal by 275.7% during the fourth quarter. Toth Financial Advisory Corp now owns 10,200 shares of the credit services provider’s stock valued at $871,000 after purchasing an additional 7,485 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Stock Down 0.7 %

PayPal stock opened at $89.11 on Friday. The business’s 50-day moving average price is $87.76 and its 200 day moving average price is $77.79. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.49. The firm has a market cap of $89.34 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 1.54 and a beta of 1.44. PayPal Holdings, Inc. has a 52 week low of $55.77 and a 52 week high of $93.66.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, October 29th. The credit services provider reported $1.20 EPS for the quarter, topping the consensus estimate of $1.07 by $0.13. PayPal had a return on equity of 23.44% and a net margin of 14.08%. The business had revenue of $7.85 billion for the quarter, compared to analyst estimates of $7.88 billion. During the same quarter in the prior year, the firm posted $0.97 EPS. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that PayPal Holdings, Inc. will post 4.58 earnings per share for the current year.

Analysts Set New Price Targets

PYPL has been the subject of a number of recent research reports. Wells Fargo & Company boosted their target price on shares of PayPal from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods boosted their price objective on shares of PayPal from $92.00 to $104.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Stephens raised their target price on shares of PayPal from $75.00 to $85.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. raised their price objective on PayPal from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Fourteen investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, PayPal currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.48.

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.