PayPal Holdings, Inc. (PYPL) - Barclays Maintains Rating And Updates Price Target

Hedge funds and other institutional investors own 78.77% of the company's stock.

Let's take a look at some historical average volume information on shares of Paypal Holdings (PYPL).

Other institutional investors also recently bought and sold shares of the company. Harvest Fund Management Co. Apriem Advisors boosted its holdings in shares of PayPal Holdings by 0.6% in the 2nd quarter. The Gamco Investors Inc Et Al holds 1.12M shares with $17.14 million value, up from 557,476 last quarter.

Baird now has a $80 PT on shares of PayPal Holdings (NASDAQ:PYPL). If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 31.26. Of the analysts surveyed by Reuters that track PayPal Holdings, Inc. Flossbach Von Storch AG now owns 1,794,990 shares of the company's stock worth $65,535,000 after buying an additional 127,260 shares in the last quarter. Finally, Grandfield & Dodd LLC increased its stake in shares of Paypal Holdings by 3.4% in the second quarter. BlackRock Inc. now owns 62,938,949 shares of the credit services provider's stock valued at $3,377,936,000 after buying an additional 2,835,027 shares during the period. The Price to Sales (P/S) of the stock is 6.88, while P/B (Price to Book) stands at 5.69. As a company's earnings per share being to rise, so does their market value per share. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. First Analysis initiated the shares of PYPL in report on Monday, July 27 with "Overweight" rating. The shares were sold at an average price of $37.21, for a total transaction of $218,125.02. Wellington Management Group LLP now owns 14,813,195 shares of the credit services provider's stock valued at $637,263,000 after buying an additional 1,982,305 shares during the period. The disclosure for this sale can be found here. Alexion Pharmaceuticals, Inc. has 7 buy ratings, 3 holds and 0 sells even after the stock tumbled -11.6% from its high of $ 149.34 to a $29.77 billion market value through last close.

PayPal Holdings, Inc. has a 1-year low of $38.06 and a 1-year high of $71.73. (NASDAQ:PYPL) traded down 0.23% during midday trading on Monday, hitting $39.79.

Equity Research firms now have a positive stance on shares of Insteel Industries, Inc. The company has a market capitalization of $85.39 billion, a price-to-earnings ratio of 57.27 and a beta of 0.98. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Paypal Holdings Inc (NASDAQ:PYPL) has risen 31.18% since October 26, 2016 and is uptrending.

Wall Street analysts, on average, are forecasting the company's EPS to be 0.52, compared to 0.42 reported in the same quarter past year.

On October 20 Citigroup held the company rating at "Market Perform" and lowered the price target to $70.00 from $77.00. The firm's revenue was up 21.4% on a year-over-year basis. During the same period previous year, the company posted $0.35 earnings per share. If you are viewing this story on another publication, it was illegally stolen and republished in violation of USA & global trademark & copyright law.

The Details: PayPal Holdings, Inc. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Mizuho reiterated a hold rating and set a $50.00 price target on shares of PayPal Holdings in a research report on Sunday, October 15th.

Investors may be interested in viewing the Gross Margin score on shares of PayPal Holdings, Inc.

In the most updated research from a number of analysts on Wall Street, the company gets 33 Buys and 0 Sell among 45 analysts. Finally, Craig Hallum set a $65.00 price target on PayPal Holdings and gave the stock a "buy" rating in a research note on Wednesday, June 28th.

The consensus recommendation, according to Zacks Investment research, is 1.41.

Basically, a price target is an individual analyst's projection on the future price of a stock.

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