Key Client Fiduciary Advisors LLC Has $1.78 Million Stock Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Key Client Fiduciary Advisors LLC increased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 40.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 26,635 shares of the credit services provider’s stock after acquiring an additional 7,671 shares during the quarter. PayPal makes up approximately 0.9% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 23rd largest position. Key Client Fiduciary Advisors LLC’s holdings in PayPal were worth $1,784,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in PayPal during the fourth quarter valued at about $25,000. American National Bank bought a new position in PayPal during the first quarter valued at about $27,000. Private Wealth Management Group LLC bought a new position in PayPal during the fourth quarter valued at about $29,000. Northwest Investment Counselors LLC bought a new position in PayPal during the first quarter valued at about $34,000. Finally, Spartan Planning & Wealth Management increased its stake in PayPal by 13,625.0% during the fourth quarter. Spartan Planning & Wealth Management now owns 549 shares of the credit services provider’s stock valued at $34,000 after acquiring an additional 545 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Trading Down 0.3 %

Shares of PYPL stock traded down $0.16 during trading hours on Tuesday, reaching $59.33. The company had a trading volume of 9,352,746 shares, compared to its average volume of 14,976,274. The company has a 50 day moving average of $63.44 and a 200 day moving average of $62.47. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $62.06 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 0.99 and a beta of 1.43. PayPal Holdings, Inc. has a 1-year low of $50.25 and a 1-year high of $76.54.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, April 30th. The credit services provider reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.14). The company had revenue of $7.70 billion during the quarter, compared to analyst estimates of $7.52 billion. PayPal had a net margin of 14.26% and a return on equity of 21.58%. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the company earned $0.86 EPS. On average, equities research analysts anticipate that PayPal Holdings, Inc. will post 4.14 EPS for the current year.

Insider Activity at PayPal

In related news, Director Deborah M. Messemer sold 4,422 shares of the company’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $61.65, for a total value of $272,616.30. Following the completion of the sale, the director now owns 13,976 shares in the company, valued at approximately $861,620.40. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.14% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research note on Tuesday, April 30th. Wells Fargo & Company upped their price objective on PayPal from $60.00 to $65.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 1st. New Street Research assumed coverage on PayPal in a research note on Friday, May 31st. They issued a “buy” rating and a $80.00 price objective on the stock. Monness Crespi & Hardt upped their price objective on PayPal from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, April 29th. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $78.00 price objective on shares of PayPal in a research note on Thursday, June 13th. Twenty-one investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, PayPal currently has a consensus rating of “Hold” and an average target price of $73.64.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.