Stock for Investors Portfolio: PayPal Holdings, Inc. (PYPL)

Stock for Investors Portfolio: PayPal Holdings, Inc. (PYPL)

In other PayPal Holdings news, COO William J. Ready sold 90,000 shares of the business's stock in a transaction dated Monday, July 31st. PayPal Holdings, Inc. (NASDAQ:PYPL) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The company has experienced volume of 2,214,518 shares while on average the company has a capacity of trading 2.03M share.

PayPal Holdings, Inc. (PYPL)'s mean Altman Z-Score: 3.23 during the last 7 years.

Investors and Traders continue to monitor technical levels of shares of PayPal Holdings, Inc. BlackRock Inc. now owns 60,103,922 shares of the credit services provider's stock worth $2,585,670,000 after buying an additional 58,026,239 shares during the period. Archford Capital Strategies LLC increased its stake in shares of PayPal Holdings by 65.4% during the first quarter. It also reduced Dish Network Corp (NASDAQ:DISH) stake by 208,805 shares and now owns 4,347 shares. Capital World Investors boosted its stake in shares of PayPal Holdings by 313.5% in the 2nd quarter. On the opposite side of that transaction from Geode Capital Management, Llc stood Vanguard Group Inc which added 333 shares to its existing stake, bringing total stake held in PYPL to 18790 shares. Over the last three months, the shares of the company have changed 20.95% and performed 53.84% over the last six months.

The share price of PayPal (NASDAQ:PYPL) was down -0.29% during the last trading session, with a day high of 66.67.

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PYPL has been the topic of several recent analyst reports. The stock has "Buy" rating by Argus Research on Wednesday, September 9. Morgan Stanley raised shares of PayPal Holdings from an "equal weight" rating to an "overweight" rating in a report on Wednesday.

PayPal had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. PayPal Holdings Inc had 115 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Paypal Holdings Inc (NASDAQ:PYPL) earned "Hold" rating by Canaccord Genuity on Friday, July 28. A 32 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of PYPL or, if they already own its stock, sell it. $57.43's average target is -13.43% below currents $66.34 stock price. If you are reading this article on another publication, it was copied illegally and reposted in violation of U.S. & global trademark & copyright legislation. The legal version of this report can be accessed at https://weekherald.com/2017/10/11/paypal-holdings-inc-pypl-shares-sold-by-logan-capital-management-inc.html. (NASDAQ:PYPL) has gone stronger by 66.07%. The PayPal Holdings, Inc. has Relative Strength Index (RSI 14) of 69.73 along with Average True Range (ATR 14) of 1.07. Shares are now up over the past year, outperforming the broad market by -100% and outperformed a peer group of similar companies by 215%. PayPal Holdings, Inc. The firm has a market cap of $79.42 billion, a price-to-earnings ratio of 53.27 and a beta of 0.98. After $-1.28 actual EPS reported by Deckers Outdoor Corp for the previous quarter, Wall Street now forecasts -180.47% EPS growth. PayPal Holdings had a return on equity of 11.10% and a net margin of 12.82%. The business had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. PayPal Holdings's revenue was up 18.3% compared to the same quarter a year ago. The most recent shifts in number of shares owned by institutions came on June 30, 2017 when Geode Capital Management, Llc sold 28 shares from its total ownership of 2661. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. About shares traded. Public Storage (NYSE:PSA) has declined 14.14% since October 10, 2016 and is downtrending. The disclosure for this sale can be found here. 1St Source Bank acquired 669 shares as Amazon.Com Inc (AMZN)'s stock rose 13.58%.

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants.

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