One Wealth Advisors LLC Purchases 3,140 Shares of PayPal Holdings, Inc. (NASDAQ:PYPL)

One Wealth Advisors LLC lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 12.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,025 shares of the credit services provider’s stock after acquiring an additional 3,140 shares during the quarter. One Wealth Advisors LLC’s holdings in PayPal were worth $2,392,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton raised its position in shares of PayPal by 67.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 125 shares during the period. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of PayPal during the third quarter worth $26,000. Sugarloaf Wealth Management LLC grew its position in shares of PayPal by 344.3% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 351 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 272 shares in the last quarter. Planning Capital Management Corp raised its stake in shares of PayPal by 186.1% during the 3rd quarter. Planning Capital Management Corp now owns 412 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 268 shares during the period. Finally, Financial Management Professionals Inc. lifted its holdings in PayPal by 125.3% during the 3rd quarter. Financial Management Professionals Inc. now owns 437 shares of the credit services provider’s stock worth $34,000 after purchasing an additional 243 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on PYPL shares. Susquehanna upped their price target on PayPal from $94.00 to $101.00 and gave the company a “positive” rating in a research report on Monday, January 6th. The Goldman Sachs Group upped their target price on shares of PayPal from $79.00 to $87.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Phillip Securities reissued an “accumulate” rating and issued a $90.00 price target (up from $80.00) on shares of PayPal in a report on Friday, November 1st. Sanford C. Bernstein cut shares of PayPal from an “outperform” rating to a “market perform” rating and upped their price target for the stock from $75.00 to $80.00 in a report on Thursday, October 10th. Finally, Barclays lifted their price objective on PayPal from $92.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, December 17th. Fourteen equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $89.48.

PayPal Stock Performance

Shares of PYPL stock opened at $88.58 on Monday. 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 stock has a fifty day moving average of $88.16 and a 200 day moving average of $79.05. The firm has a market capitalization of $88.80 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 1.49 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.

About PayPal

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.