Traders bought shares of Paypal Holdings Inc. (NASDAQ:PYPL) on weakness during trading hours on Friday. $264.49 million flowed into the stock on the tick-up and $227.80 million flowed out of the stock on the tick-down, for a money net flow of $36.69 million into the stock. Of all companies tracked, Paypal Holdings had the 7th highest net in-flow for the day. Paypal Holdings traded down ($2.71) for the day and closed at $37.42

PYPL has been the topic of several recent research reports. Compass Point initiated coverage on Paypal Holdings in a research report on Friday, April 15th. They issued a “neutral” rating and a $40.00 price target on the stock. Credit Suisse Group AG restated a “buy” rating and issued a $39.00 price target on shares of Paypal Holdings in a research report on Friday, April 1st. Vetr upgraded Paypal Holdings from a “buy” rating to a “strong-buy” rating and set a $44.19 price target on the stock in a research report on Tuesday, April 5th. Piper Jaffray Cos. restated a “sell” rating and issued a $34.00 price target on shares of Paypal Holdings in a research report on Wednesday, May 18th. Finally, Goldman Sachs Group Inc. restated a “buy” rating and issued a $46.00 price target on shares of Paypal Holdings in a research report on Monday, March 28th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-five have given a buy rating to the company’s stock. Paypal Holdings presently has an average rating of “Hold” and an average target price of $43.30.

The company has a market capitalization of $44.23 billion and a PE ratio of 34.02. The stock’s 50 day moving average is $37.30 and its 200 day moving average is $37.33.

Paypal Holdings (NASDAQ:PYPL) last posted its quarterly earnings results on Thursday, July 21st. The company reported $0.36 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. During the same quarter last year, the firm posted $0.32 EPS. The business earned $2.65 billion during the quarter, compared to analyst estimates of $2.60 billion. Analysts anticipate that Paypal Holdings Inc. will post $1.49 earnings per share for the current year.

Other institutional investors have recently bought and sold shares of the company. Synovus Financial Corp purchased a new position in Paypal Holdings during the fourth quarter valued at $1,047,000. Cim Investment Mangement Inc. purchased a new position in Paypal Holdings during the fourth quarter valued at $1,063,000. FOURPOINTS Investment Managers S.A.S. purchased a new position in Paypal Holdings during the fourth quarter valued at $1,083,000. Weatherly Asset Management L. P. purchased a new position in Paypal Holdings during the fourth quarter valued at $1,094,000. Finally, Parsons Capital Management Inc. RI purchased a new position in Paypal Holdings during the fourth quarter valued at $1,142,000.

PayPal Holdings, Inc (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables.

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