Green Square Capital LLC Sells 804 Shares of Paypal Holdings Inc (PYPL)

Green Square Capital LLC cut its holdings in Paypal Holdings Inc (NASDAQ:PYPL) by 10.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,061 shares of the credit services provider’s stock after selling 804 shares during the quarter. Green Square Capital LLC’s holdings in Paypal were worth $594,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PYPL. Virtus ETF Advisers LLC grew its holdings in shares of Paypal by 33.7% during the fourth quarter. Virtus ETF Advisers LLC now owns 448 shares of the credit services provider’s stock valued at $38,000 after buying an additional 113 shares during the last quarter. Cpwm LLC grew its stake in Paypal by 3.6% during the fourth quarter. Cpwm LLC now owns 3,397 shares of the credit services provider’s stock worth $286,000 after buying an additional 118 shares during the period. Concorde Asset Management LLC grew its stake in Paypal by 3.1% during the fourth quarter. Concorde Asset Management LLC now owns 4,027 shares of the credit services provider’s stock worth $339,000 after buying an additional 121 shares during the period. SevenBridge Financial Group LLC grew its stake in Paypal by 3.8% during the fourth quarter. SevenBridge Financial Group LLC now owns 3,385 shares of the credit services provider’s stock worth $285,000 after buying an additional 125 shares during the period. Finally, Homrich & Berg grew its stake in Paypal by 2.3% during the fourth quarter. Homrich & Berg now owns 5,930 shares of the credit services provider’s stock worth $499,000 after buying an additional 134 shares during the period. 81.34% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ PYPL traded down $1.45 during mid-day trading on Friday, reaching $107.36. The company had a trading volume of 10,220,713 shares, compared to its average volume of 6,312,107. Paypal Holdings Inc has a 12-month low of $70.22 and a 12-month high of $109.00. The firm has a market capitalization of $125.85 billion, a price-to-earnings ratio of 59.98, a price-to-earnings-growth ratio of 2.81 and a beta of 1.03.

Paypal (NASDAQ:PYPL) last released its quarterly earnings data on Wednesday, January 30th. The credit services provider reported $0.69 EPS 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 firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.23 billion. During the same quarter in the prior year, the company posted $0.55 earnings per share. The firm’s revenue was up 13.0% on a year-over-year basis. As a group, equities research analysts predict that Paypal Holdings Inc will post 2.15 EPS for the current fiscal year.

In related news, insider Gary J. Marino sold 2,017 shares of the business’s stock in a transaction that occurred on Thursday, February 7th. The stock was sold at an average price of $91.11, for a total transaction of $183,768.87. Following the transaction, the insider now directly owns 42,317 shares of the company’s stock, valued at approximately $3,855,501.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO William J. Ready sold 29,686 shares of the business’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $89.33, for a total value of $2,651,850.38. Following the transaction, the chief operating officer now directly owns 66,558 shares in the company, valued at $5,945,626.14. The disclosure for this sale can be found here. In the last quarter, insiders have sold 280,295 shares of company stock worth $26,469,952. Company insiders own 0.20% of the company’s stock.

Several equities research analysts have issued reports on PYPL shares. Guggenheim downgraded shares of Paypal from a “buy” rating to a “neutral” rating and set a $90.82 price objective for the company. in a research note on Wednesday, February 6th. Zacks Investment Research upgraded shares of Paypal from a “sell” rating to a “hold” rating in a research report on Monday, January 14th. BidaskClub lowered shares of Paypal from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 7th. BTIG Research upped their price target on shares of Paypal to $114.00 and gave the stock a “buy” rating in a research report on Tuesday, February 19th. Finally, Barclays restated an “overweight” rating and set a $115.00 price target (up previously from $110.00) on shares of Paypal in a research report on Monday, January 7th. Ten equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company’s stock. Paypal presently has an average rating of “Buy” and an average price target of $101.63.

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Paypal Company Profile

PayPal Holdings, Inc operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumers to send payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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Institutional Ownership by Quarter for Paypal (NASDAQ:PYPL)

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