F&V Capital Management LLC Has $6.14 Million Stake in Paypal Stake Inc (PYPL)

F&V Capital Management LLC Has $6.14 Million Stake in Paypal Stake Inc (PYPL)

F&V Capital Management LLC lifted its stake in shares of Paypal Holdings Inc (NASDAQ:PYPL) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,055 shares of the credit services provider’s stock after acquiring an additional 2,870 shares during the quarter. Paypal makes up approximately 3.7% of F&V Capital Management LLC’s holdings, making the stock its 6th biggest position. F&V Capital Management LLC’s holdings in Paypal were worth $6,143,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Security National Trust Co. boosted its stake in Paypal by 3.0% in the 3rd quarter. Security National Trust Co. now owns 25,361 shares of the credit services provider’s stock worth $2,228,000 after purchasing an additional 730 shares during the period. Gateway Investment Advisers LLC boosted its stake in Paypal by 8.7% in the 4th quarter. Gateway Investment Advisers LLC now owns 733,302 shares of the credit services provider’s stock worth $61,663,000 after purchasing an additional 58,546 shares during the period. Weatherly Asset Management L. P. boosted its stake in Paypal by 2.7% in the 3rd quarter. Weatherly Asset Management L. P. now owns 89,784 shares of the credit services provider’s stock worth $7,887,000 after purchasing an additional 2,366 shares during the period. Retirement Systems of Alabama boosted its stake in Paypal by 16.3% in the 3rd quarter. Retirement Systems of Alabama now owns 1,075,336 shares of the credit services provider’s stock worth $94,458,000 after purchasing an additional 150,814 shares during the period. Finally, New England Research & Management Inc. boosted its stake in Paypal by 10.2% in the 3rd quarter. New England Research & Management Inc. now owns 11,300 shares of the credit services provider’s stock worth $993,000 after purchasing an additional 1,050 shares during the period. Institutional investors own 79.30% of the company’s stock.

In other news, insider Daniel H. Schulman sold 26,000 shares of the stock in a transaction on Wednesday, November 28th. The stock was sold at an average price of $83.92, for a total transaction of $2,181,920.00. Following the transaction, the insider now owns 326,826 shares of the company’s stock, valued at approximately $27,427,237.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Daniel H. Schulman sold 30,000 shares of the stock in a transaction on Monday, February 4th. The stock was sold at an average price of $91.49, for a total value of $2,744,700.00. Following the transaction, the insider now directly owns 304,826 shares in the company, valued at approximately $27,888,530.74. The disclosure for this sale can be found here. In the last quarter, insiders sold 195,736 shares of company stock worth $16,945,066. Insiders own 0.20% of the company’s stock.

PYPL stock traded up $1.02 during midday trading on Friday, reaching $91.87. The company’s stock had a trading volume of 6,828,978 shares, compared to its average volume of 8,744,590. Paypal Holdings Inc has a 1 year low of $70.22 and a 1 year high of $94.58. The firm has a market cap of $108.26 billion, a price-to-earnings ratio of 51.32, a PEG ratio of 2.35 and a beta of 1.00.

Paypal (NASDAQ:PYPL) last released its earnings results on Wednesday, January 30th. The credit services provider reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. Paypal had a return on equity of 14.67% and a net margin of 13.31%. The business had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.23 billion. During the same quarter last year, the firm posted $0.55 earnings per share. The business’s revenue was up 13.0% compared to the same quarter last year. As a group, equities research analysts forecast that Paypal Holdings Inc will post 2.14 earnings per share for the current fiscal year.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Paypal from a “sell” rating to a “hold” rating in a research note on Friday, January 25th. Craig Hallum restated a “buy” rating and issued a $110.00 price target (up from $100.00) on shares of Paypal in a research note on Thursday, January 31st. Oppenheimer upped their price objective on Paypal from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday, January 31st. BidaskClub raised Paypal from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 29th. Finally, Guggenheim cut Paypal from a “buy” rating to a “neutral” rating and set a $90.82 price objective on the stock. in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and twenty-six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $96.75.

Paypal Profile

PayPal Holdings, Inc engages in the development of technology platform for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. It manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions.

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