PayPal Holdings, Inc. (NASDAQ:PYPL) Shares Sold by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC cut its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,002 shares of the credit services provider’s stock after selling 225 shares during the period. Moser Wealth Advisors LLC’s holdings in PayPal were worth $598,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. CWM LLC grew its position in shares of PayPal by 10.1% during the third quarter. CWM LLC now owns 123,565 shares of the credit services provider’s stock worth $9,642,000 after acquiring an additional 11,321 shares during the last quarter. Wedmont Private Capital raised its holdings in shares of PayPal by 39.0% in the 3rd quarter. Wedmont Private Capital now owns 5,474 shares of the credit services provider’s stock worth $439,000 after purchasing an additional 1,535 shares in the last quarter. UMB Bank n.a. lifted its position in shares of PayPal by 4.1% during the 3rd quarter. UMB Bank n.a. now owns 17,904 shares of the credit services provider’s stock valued at $1,397,000 after acquiring an additional 698 shares during the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of PayPal by 8.7% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,117 shares of the credit services provider’s stock valued at $243,000 after purchasing an additional 250 shares during the period. Finally, San Luis Wealth Advisors LLC acquired a new position in shares of PayPal in the third quarter worth about $220,000. Institutional investors own 68.32% of the company’s stock.

PayPal Trading Down 1.6 %

PYPL opened at $77.31 on Friday. PayPal Holdings, Inc. has a 1-year low of $55.77 and a 1-year high of $93.66. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average price of $87.52 and a two-hundred day moving average price of $79.50. The stock has a market capitalization of $76.48 billion, a PE ratio of 19.28, a PEG ratio of 1.29 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.08. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The business had revenue of $8.37 billion for the quarter, compared to analysts’ expectations of $8.27 billion. During the same quarter last year, the business earned $1.48 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PYPL has been the topic of several research analyst reports. Barclays lifted their target price on PayPal from $92.00 to $110.00 and gave the company an “overweight” rating in a research note on Tuesday, December 17th. Phillip Securities restated an “accumulate” rating and set a $90.00 target price (up from $80.00) on shares of PayPal in a report on Friday, November 1st. 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. UBS Group increased their target price on PayPal from $72.00 to $85.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Finally, BMO Capital Markets raised their price target on shares of PayPal from $73.00 to $82.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 30th. Fourteen research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $89.43.

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.