PayPal Holdings, Inc. (PYPL) Shares Sold by Reilly Financial Advisors LLC

Reilly Financial Advisors LLC reduced its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 214,432 shares of the credit services provider’s stock after selling 1,841 shares during the quarter. PayPal Holdings comprises approximately 2.1% of Reilly Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Reilly Financial Advisors LLC’s holdings in PayPal Holdings were worth $13,730,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Weatherly Asset Management L. P. increased its stake in PayPal Holdings by 20.4% during the third quarter. Weatherly Asset Management L. P. now owns 73,733 shares of the credit services provider’s stock worth $4,721,000 after acquiring an additional 12,508 shares during the last quarter. Cambridge Advisors Inc. acquired a new stake in PayPal Holdings during the third quarter worth about $230,000. Bollard Group LLC increased its stake in PayPal Holdings by 2.9% during the third quarter. Bollard Group LLC now owns 421,545 shares of the credit services provider’s stock worth $26,992,000 after acquiring an additional 11,800 shares during the last quarter. Bremer Trust National Association increased its stake in PayPal Holdings by 5.3% during the third quarter. Bremer Trust National Association now owns 15,877 shares of the credit services provider’s stock worth $1,016,000 after acquiring an additional 798 shares during the last quarter. Finally, Van Cleef Asset Management Inc increased its stake in PayPal Holdings by 1.2% during the third quarter. Van Cleef Asset Management Inc now owns 156,502 shares of the credit services provider’s stock worth $10,021,000 after acquiring an additional 1,811 shares during the last quarter. Institutional investors and hedge funds own 82.35% of the company’s stock.

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In other news, Director John J. Donahoe sold 170,000 shares of the stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $58.18, for a total value of $9,890,600.00. Following the transaction, the director now owns 124,516 shares of the company’s stock, valued at approximately $7,244,340.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.00% of the company’s stock.

PayPal Holdings (NASDAQ:PYPL) last announced its quarterly earnings results on Thursday, October 19th. The credit services provider reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.03. The company had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.18 billion. PayPal Holdings had a net margin of 12.69% and a return on equity of 11.33%. PayPal Holdings’s revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 EPS.

PYPL has been the subject of several research analyst reports. Credit Suisse Group restated an “outperform” rating and set a $70.00 price target (up from $63.00) on shares of PayPal Holdings in a research note on Tuesday, October 10th. Sanford C. Bernstein upgraded PayPal Holdings from a “market perform” rating to an “outperform” rating and increased their target price for the company from $46.00 to $61.00 in a research note on Monday, July 10th. Mizuho reiterated a “hold” rating and issued a $50.00 target price on shares of PayPal Holdings in a research note on Sunday, October 15th. Loop Capital reiterated a “hold” rating and issued a $49.00 target price on shares of PayPal Holdings in a research note on Wednesday, July 12th. Finally, Citigroup Inc. increased their target price on PayPal Holdings to $77.00 and gave the company a “buy” rating in a research note on Tuesday, October 3rd. Nine analysts have rated the stock with a hold rating, thirty-three have assigned a buy rating and two have issued a strong buy rating to the stock. PayPal Holdings currently has a consensus rating of “Buy” and a consensus price target of $69.85.

PayPal Holdings Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

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Institutional Ownership by Quarter for PayPal Holdings (NASDAQ:PYPL)

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