Paypal Holdings Inc (NASDAQ:PYPL) Stock Rating Upgraded by Vetr Inc

PayPal Holdings Inc

(NASDAQ:PYPL) by 22.6% during the first quarter, according to its most recent disclosure with the SEC.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Analysts' mean recommendation for PayPal Holdings, Inc.

Hedge funds have recently modified their holdings of the company. Clean Yield Group acquired a new stake in PayPal Holdings during the first quarter valued at about $127,000. The firm owned 101,420 shares of the credit services provider's stock after buying an additional 3,090 shares during the period. Paypal Holdings's revenue for the quarter was up 18.3% compared to the same quarter a year ago. Creative Planning now owns 29,044 shares of the credit services provider's stock valued at $1,249,000 after buying an additional 776 shares during the last quarter. As of quarter end Investec Asset Management Ltd had disposed of 77,286 shares trimming its stake by 0.8%. Howland Capital Management LLC now owns 5,524 shares of the credit services provider's stock valued at $238,000 after buying an additional 24 shares during the last quarter. The value of the position overall is up by 23.7%. West Oak Capital LLC now owns 2,850 shares of the credit services provider's stock worth $123,000 after buying an additional 550 shares during the period. Finally, Apriem Advisors raised its position in PayPal Holdings by 0.6% in the second quarter. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 74,147,242 shares of the stock are valued at $4.42 billion.

Recent session action on shares of PayPal Holdings, Inc. (PYPL) traded up 0.07% during mid-day trading on Friday, reaching $58.06. Over the last three months, the shares of the company have changed 16.74% and performed 42.10% over the last six months. It is now trading at $58.02 slightly over $56.89, the stock's 50 day moving average and which is quite a bit above the 200 day moving average of $48.35. The stock has a market cap of $69.79 billion, a price-to-earnings ratio of 46.81 and a beta of 0.99. PayPal Holdings, Inc. has a 1-year low of $36.30 and a 1-year high of $61.30.

Paypal Holdings (NASDAQ:PYPL) last announced its quarterly earnings data on Wednesday, July 26th. In the last earnings report the EPS was $1.24 and is expected to be $1.84 for the current year with 1,202,396,000 shares outstanding. The Return on Equity ratio of PayPal Holdings, Inc. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the business earned $0.36 EPS. On average, analysts anticipate that Paypal Holdings will post $1.84 EPS for the current year. This repurchase authorization permits the credit services provider to repurchase up to 9.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

ILLEGAL ACTIVITY NOTICE: This story was first published by BBNS and is owned by of BBNS. If you are reading this story on another publication, it was stolen and republished in violation of US and worldwide copyright & trademark laws. The original version of this story can be viewed at Also, EVP Gary J. Marino sold 1,350 shares of Paypal Holdings stock in a transaction that occurred on Thursday, June 1st. Piper Jaffray Companies restated an "underweight" rating and set a $41.00 price objective on shares of Paypal Holdings in a research note on Friday, April 14th.

On July 27 Raymond James kept the stock rating at "Outperform" but raised the price expectation from $45.00 to $65.00. Keefe, Bruyette & Woods reaffirmed a buy rating and issued a $48.00 target price on shares of PayPal Holdings in a research note on Tuesday, April 4th. Cantor Fitzgerald restated an "overweight" rating and set a $70.00 price objective on shares of Paypal Holdings in a report on Friday, July 28th.

On July 19 the stock rating was downgraded to "Hold" from "Buy" in a statement from SunTrust Robinson Humphrey. Paypal Holdings presently has an average rating of "Buy" and an average target price of $59.49.

In other news, COO William J. Ready sold 90,000 shares of PayPal Holdings stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $53.97, for a total value of $97,146.00. Following the transaction, the executive vice president now owns 37,491 shares in the company, valued at approximately $2,025,638.73. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Insiders sold a total of 95,852 shares of company stock worth $5,653,198 over the last quarter.

Pembina Pipeline Corporation (PBA) stock moved with shift of -6.05% in the past week.

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