PayPal Holdings, Inc. (NASDAQ:PYPL) Position Cut by Lindsell Train Ltd

Analyst research firms are expressing bullish stance on PayPal Holdings, Inc. The value of the investment in (PYPL) went from $7,220,000 to $8,704,000 a change of $1,484,000 quarter to quarter.

The stock has actually made strong gains in the past year, as the company has gathered a 82.92% return in the past twelve months. During the same quarter a year ago, the company posted $0.35 EPS.

Here are some institutional investors who have increased or decreased their stake in (PYPL).

The company's share price is down -1.97% from previous highs of around $75.45 per share on November 07, 2017. American Trust Investment Advisors LLC now owns 72,180 shares of the credit services provider's stock valued at $3,105,000 after purchasing an additional 1,215 shares in the last quarter. Apriem Advisors grew its position in PayPal Holdings by 0.6% in the 2nd quarter. Ngam Advisors L.P. now owns 513,901 shares of the credit services provider's stock valued at $22,108,000 after purchasing an additional 112,854 shares in the last quarter. Harvest Fund Management Co. Ltd now owns 2,863 shares of the credit services provider's stock valued at $154,000 after purchasing an additional 1,808 shares during the last quarter. National Pension Service now owns 659,018 shares of the company's stock worth $25,438,000 after buying an additional 24,650 shares in the last quarter. Vetr raised shares of PayPal Holdings from a "hold" rating to a "buy" rating and set a $60.76 target price on the stock in a research note on Thursday, August 10th. Goldman Sachs Group, Inc. Finally, Stifel Nicolaus boosted their price objective on shares of PayPal Holdings from $61.00 to $70.00 and gave the company a "hold" rating in a research report on Sunday, October 22nd.

In related news, VP Aaron Anderson sold 2,644 shares of Paypal Holdings stock in a transaction dated Monday, October 31st.

Lindsell Train Ltd lessened its stake in shares of PayPal Holdings, Inc. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $66.00 target price on shares of PayPal Holdings in a research report on Wednesday, September 27th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company's stock.

WARNING: This article was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark legislation. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2017/11/14/paypal-holdings-inc-pypl-position-cut-by-washington-trust-co.html. Paypal Holdings's P/E ratio is 57.56 and the market cap of the company is 88.89B.

PayPal Holdings, Inc. (PYPL) shares are down -0.95% for the week and that has got investors and traders sitting up and taking note.

Looking into last 5 trades, the stock observed a return of nearly 0.82%. Paypal Holdings has a 52-week low of $30.52 and a 52-week high of $44.52.

Want to see what other hedge funds are holding PYPL? The credit services provider reported $0.46 EPS for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.03. PayPal Holdings, Inc. (NASDAQ:PYPL) is 36.98% above its 200-day moving average, providing a measure of resistance for long positions. That value represents a market adjusting for revenues that have been growing by 21.45 % on a quarterly year/year basis as of the company's last quarterly report. At one point in the past year, the shares traded as low as $0.81 but has recovered 154.32% since then. As of the latest earnings report the EPS was $1.28 with 1.20B shares outstanding.

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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