PayPal Holdings, Inc. (PYPL) Shares Bought by Intrust Bank NA

Intrust Bank NA lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 35.7% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,509 shares of the credit services provider’s stock after buying an additional 1,714 shares during the period. Intrust Bank NA’s holdings in PayPal Holdings were worth $417,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of PYPL. Guardian Life Insurance Co. of America increased its holdings in PayPal Holdings by 0.9% in the 1st quarter. Guardian Life Insurance Co. of America now owns 4,338 shares of the credit services provider’s stock worth $187,000 after purchasing an additional 38 shares in the last quarter. Apriem Advisors increased its holdings in PayPal Holdings by 0.6% in the 2nd quarter. Apriem Advisors now owns 8,398 shares of the credit services provider’s stock worth $451,000 after purchasing an additional 52 shares in the last quarter. Westside Investment Management Inc. increased its holdings in PayPal Holdings by 0.4% in the 2nd quarter. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider’s stock worth $761,000 after purchasing an additional 60 shares in the last quarter. Sigma Planning Corp increased its holdings in PayPal Holdings by 0.4% in the 2nd quarter. Sigma Planning Corp now owns 16,819 shares of the credit services provider’s stock worth $903,000 after purchasing an additional 74 shares in the last quarter. Finally, Train Babcock Advisors LLC increased its holdings in PayPal Holdings by 1.6% in the 2nd quarter. Train Babcock Advisors LLC now owns 5,440 shares of the credit services provider’s stock worth $292,000 after purchasing an additional 86 shares in the last quarter. 83.08% of the stock is owned by institutional investors.

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Shares of PayPal Holdings, Inc. (NASDAQ PYPL) opened at $73.73 on Tuesday. The company has a market capitalization of $88,929.32, a P/E ratio of 52.85, a P/E/G ratio of 3.07 and a beta of 1.03. PayPal Holdings, Inc. has a 52-week low of $38.06 and a 52-week high of $75.45.

PayPal Holdings (NASDAQ:PYPL) last issued 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 during the quarter, compared to the consensus estimate of $3.18 billion. PayPal Holdings had a return on equity of 11.33% and a net margin of 12.69%. PayPal Holdings’s revenue was up 21.4% on a year-over-year basis. During the same period last year, the business posted $0.35 earnings per share. analysts predict that PayPal Holdings, Inc. will post 1.37 EPS for the current fiscal year.

PYPL has been the subject of a number of recent research reports. Zacks Investment Research cut PayPal Holdings from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 25th. Morgan Stanley upped their target price on PayPal Holdings from $76.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Robert W. Baird reaffirmed a “buy” rating and issued a $80.00 target price (up previously from $65.00) on shares of PayPal Holdings in a report on Friday, October 20th. Bank of America Corporation reaffirmed a “buy” rating and issued a $78.00 target price (up previously from $71.00) on shares of PayPal Holdings in a report on Friday, October 6th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of PayPal Holdings in a report on Tuesday, September 5th. Ten research analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and two have assigned a strong buy rating to the stock. PayPal Holdings presently has an average rating of “Buy” and a consensus price target of $69.85.

PayPal Holdings Company 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.

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

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