Rothschild Investment LLC Grows Stake in PayPal Holdings, Inc. (NASDAQ:PYPL)

Rothschild Investment LLC lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,727 shares of the credit services provider's stock after purchasing an additional 3,807 shares during the quarter. Rothschild Investment LLC's holdings in PayPal were worth $4,615,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of PYPL. Brighton Jones LLC lifted its position in PayPal by 15.2% in the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after buying an additional 924 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in PayPal by 4.4% in the 4th quarter. Foundations Investment Advisors LLC now owns 4,431 shares of the credit services provider's stock worth $378,000 after buying an additional 188 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in PayPal in the 4th quarter worth approximately $248,000. Hantz Financial Services Inc. lifted its position in PayPal by 19.8% in the 4th quarter. Hantz Financial Services Inc. now owns 41,612 shares of the credit services provider's stock worth $3,552,000 after buying an additional 6,883 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its position in PayPal by 9.9% in the 4th quarter. Strategic Blueprint LLC now owns 3,590 shares of the credit services provider's stock worth $306,000 after buying an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on PYPL. Citigroup dropped their target price on PayPal from $98.00 to $95.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods lowered their price objective on PayPal from $104.00 to $85.00 and set an "outperform" rating for the company in a research report on Monday, March 31st. Piper Sandler lowered their price objective on PayPal from $76.00 to $70.00 and set a "neutral" rating for the company in a research report on Tuesday, April 29th. Seaport Res Ptn downgraded PayPal from a "hold" rating to a "strong sell" rating in a research report on Thursday, April 17th. Finally, Monness Crespi & Hardt lowered their price objective on PayPal from $120.00 to $90.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, PayPal presently has a consensus rating of "Moderate Buy" and a consensus price target of $83.80.

PayPal Stock Down 1.3%

PYPL stock traded down $0.89 during midday trading on Friday, hitting $70.04. The stock had a trading volume of 14,934,033 shares, compared to its average volume of 11,197,816. The firm has a market cap of $68.12 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 1.27 and a beta of 1.51. The business has a 50-day moving average of $66.32 and a two-hundred day moving average of $76.64. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.26 and a quick ratio of 1.26.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The credit services provider reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.17. The company had revenue of $7.79 billion for the quarter, compared to analysts' expectations of $7.84 billion. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.08 earnings per share. As a group, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

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.