Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in Paypal Holdings Inc (NASDAQ:PYPL) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 184,751 shares of the credit services provider’s stock after purchasing an additional 2,068 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Paypal were worth $14,180,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. San Francisco Sentry Investment Group CA grew its stake in Paypal by 352.8% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider’s stock valued at $100,000 after acquiring an additional 1,217 shares in the last quarter. Arcadia Investment Management Corp MI grew its stake in Paypal by 230.4% during the fourth quarter. Arcadia Investment Management Corp MI now owns 1,434 shares of the credit services provider’s stock valued at $106,000 after acquiring an additional 1,000 shares in the last quarter. Front Row Advisors LLC purchased a new position in Paypal during the fourth quarter valued at approximately $111,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Paypal during the third quarter valued at approximately $113,000. Finally, Kistler Tiffany Companies LLC grew its stake in Paypal by 511.9% during the third quarter. Kistler Tiffany Companies LLC now owns 2,013 shares of the credit services provider’s stock valued at $129,000 after acquiring an additional 1,684 shares in the last quarter. 82.46% of the stock is currently owned by institutional investors.

In related news, EVP Adele Louise Pentland sold 6,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $78.11, for a total transaction of $468,660.00. Following the completion of the sale, the executive vice president now directly owns 46,045 shares in the company, valued at approximately $3,596,574.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO William J. Ready sold 60,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $77.68, for a total transaction of $4,660,800.00. Following the sale, the chief operating officer now owns 95,944 shares of the company’s stock, valued at $7,452,929.92. The disclosure for this sale can be found here. Insiders have sold a total of 126,344 shares of company stock valued at $9,818,481 over the last quarter. 6.00% of the stock is currently owned by company insiders.

Shares of Paypal Holdings Inc (NASDAQ PYPL) opened at $72.32 on Friday. Paypal Holdings Inc has a 12 month low of $40.30 and a 12 month high of $86.32. The stock has a market cap of $90,720.09, a price-to-earnings ratio of 49.20, a PEG ratio of 2.42 and a beta of 1.18.

Paypal (NASDAQ:PYPL) last announced its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. Paypal had a net margin of 13.71% and a return on equity of 11.59%. The company had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the prior year, the company earned $0.42 EPS. The firm’s revenue was up 25.6% on a year-over-year basis. analysts predict that Paypal Holdings Inc will post 1.75 earnings per share for the current year.

Several equities analysts recently commented on PYPL shares. Jefferies Group boosted their price objective on shares of Paypal from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, October 13th. Piper Jaffray Companies reissued a “neutral” rating and issued a $68.00 price target (up previously from $57.00) on shares of Paypal in a research note on Friday, October 13th. Mizuho reissued a “hold” rating and issued a $50.00 price target on shares of Paypal in a research note on Sunday, October 15th. Nomura boosted their price target on shares of Paypal from $68.00 to $75.00 and gave the stock a “buy” rating in a research note on Monday, October 16th. Finally, Craig Hallum reissued a “buy” rating and issued a $83.00 price target (up previously from $67.00) on shares of Paypal in a research note on Tuesday, October 17th. Nine research analysts have rated the stock with a hold rating, thirty-four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $77.04.

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Paypal Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

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Institutional Ownership by Quarter for Paypal (NASDAQ:PYPL)

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