Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Position in PayPal Holdings, Inc. (NASDAQ:PYPL)

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 3.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,698,959 shares of the credit services provider's stock after acquiring an additional 56,730 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.17% of PayPal worth $110,857,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PYPL. Mpwm Advisory Solutions LLC acquired a new stake in PayPal during the 4th quarter valued at $25,000. Hurley Capital LLC bought a new stake in shares of PayPal in the 4th quarter worth approximately $27,000. Garde Capital Inc. acquired a new stake in shares of PayPal during the first quarter valued at approximately $28,000. Tsfg LLC grew its position in PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Bernard Wealth Management Corp. bought a new stake in shares of PayPal during the 4th quarter worth $34,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on PYPL shares. Barclays increased their price objective on shares of PayPal from $80.00 to $90.00 and gave the stock an "overweight" rating in a report on Friday. Royal Bank Of Canada reissued an "outperform" rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Canaccord Genuity Group restated a "buy" rating and set a $96.00 target price on shares of PayPal in a report on Wednesday, April 30th. Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Finally, BMO Capital Markets reduced their target price on shares of PayPal from $83.00 to $79.00 and set a "market perform" rating for the company in a research report on Wednesday, April 30th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, PayPal presently has a consensus rating of "Hold" and a consensus price target of $83.13.

PayPal Trading Up 0.7%

PYPL traded up $0.55 during trading on Tuesday, hitting $75.37. 1,829,826 shares of the stock traded hands, compared to its average volume of 10,840,179. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.30. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market capitalization of $73.29 billion, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 1.22 and a beta of 1.45. The firm has a 50-day moving average of $72.75 and a 200 day moving average of $73.13.

PayPal (NASDAQ:PYPL - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit services provider reported $1.33 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 14.26% and a return on equity of 24.59%. The firm's revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.08 EPS. Equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity at PayPal

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the transaction, the director owned 13,976 shares in the company, valued at approximately $1,020,248. This trade represents a 21.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Diego Scotti sold 3,839 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $281,168.36. Following the sale, the executive vice president directly owned 16,989 shares of the company's stock, valued at $1,244,274.36. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,796 shares of company stock worth $863,028 over the last quarter. Insiders own 0.08% of the company's stock.

PayPal 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.

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