Vontobel Holding Ltd. Has $106.72 Million Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Vontobel Holding Ltd. lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,737,878 shares of the credit services provider's stock after acquiring an additional 37,692 shares during the quarter. Vontobel Holding Ltd. owned 0.16% of PayPal worth $106,723,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Bartlett & Co. LLC lifted its stake in shares of PayPal by 8.5% in the fourth quarter. Bartlett & Co. LLC now owns 9,414 shares of the credit services provider's stock valued at $594,000 after purchasing an additional 740 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in shares of PayPal by 9.5% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 847,006 shares of the credit services provider's stock worth $53,344,000 after acquiring an additional 73,687 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of PayPal by 4.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 20,242 shares of the credit services provider's stock worth $1,183,000 after acquiring an additional 942 shares during the period. Bellecapital International Ltd. increased its stake in PayPal by 2.0% in the 4th quarter. Bellecapital International Ltd. now owns 21,685 shares of the credit services provider's stock valued at $1,332,000 after purchasing an additional 433 shares in the last quarter. Finally, First Hawaiian Bank raised its holdings in PayPal by 8.6% during the fourth quarter. First Hawaiian Bank now owns 6,936 shares of the credit services provider's stock worth $426,000 after purchasing an additional 552 shares during the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Stock Down 1.8 %

Shares of NASDAQ:PYPL traded down $1.21 during midday trading on Friday, reaching $64.59. The company had a trading volume of 9,933,991 shares, compared to its average volume of 10,310,660. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.29 and a quick ratio of 1.29. The stock's fifty day moving average price is $62.12 and its 200-day moving average price is $59.79. The stock has a market capitalization of $67.99 billion, a P/E ratio of 16.82, a PEG ratio of 1.47 and a beta of 1.45. PayPal Holdings, Inc. has a one year low of $50.25 and a one year high of $77.95.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.36 by $0.12. The business had revenue of $8.03 billion during the quarter, compared to analyst estimates of $7.88 billion. PayPal had a net margin of 14.26% and a return on equity of 20.84%. The business's revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.01 earnings per share. Equities research analysts expect that PayPal Holdings, Inc. will post 3.93 earnings per share for the current fiscal year.

Insider Buying and Selling at PayPal

In other PayPal news, SVP Frank Keller sold 7,686 shares of the business's stock in a transaction on Friday, March 1st. The shares were sold at an average price of $60.64, for a total transaction of $466,079.04. Following the completion of the sale, the senior vice president now owns 23,430 shares in the company, valued at $1,420,795.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.14% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PYPL. Susquehanna raised their price target on PayPal from $61.00 to $65.00 and gave the company a "neutral" rating in a research report on Wednesday, January 24th. Wells Fargo & Company raised their price objective on shares of PayPal from $55.00 to $60.00 and gave the stock an "equal weight" rating in a research note on Monday, January 29th. JMP Securities reaffirmed a "market outperform" rating and issued a $68.00 target price on shares of PayPal in a research note on Thursday, February 8th. Citigroup dropped their price target on PayPal from $76.00 to $73.00 and set a "buy" rating for the company in a research report on Thursday, February 8th. Finally, Monness Crespi & Hardt decreased their price objective on PayPal from $95.00 to $80.00 and set a "buy" rating on the stock in a research note on Thursday, February 8th. Twenty-three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $70.47.

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.