Foundations Investment Advisors LLC Has $378,000 Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Foundations Investment Advisors LLC boosted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,431 shares of the credit services provider’s stock after buying an additional 188 shares during the quarter. Foundations Investment Advisors LLC’s holdings in PayPal were worth $378,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PYPL. Park Place Capital Corp raised its stake in PayPal by 6.6% in the fourth quarter. Park Place Capital Corp now owns 1,886 shares of the credit services provider’s stock worth $161,000 after buying an additional 116 shares in the last quarter. Bruce G. Allen Investments LLC raised its position in shares of PayPal by 7.4% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,810 shares of the credit services provider’s stock worth $141,000 after acquiring an additional 124 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in shares of PayPal by 67.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 125 shares during the period. Wynn Capital LLC boosted its position in shares of PayPal by 1.1% during the fourth quarter. Wynn Capital LLC now owns 11,515 shares of the credit services provider’s stock valued at $983,000 after purchasing an additional 130 shares in the last quarter. Finally, Brave Asset Management Inc. grew its stake in PayPal by 5.2% in the fourth quarter. Brave Asset Management Inc. now owns 2,828 shares of the credit services provider’s stock worth $241,000 after purchasing an additional 141 shares during the period. 68.32% of the stock is currently owned by institutional investors.

PayPal Price Performance

Shares of PYPL opened at $89.57 on Friday. The firm has a fifty day moving average price of $88.04 and a 200 day moving average price of $78.53. The stock has a market cap of $89.80 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 1.54 and a beta of 1.44. PayPal Holdings, Inc. has a 1-year low of $55.77 and a 1-year high of $93.66. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.25 and a quick ratio of 1.25.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 29th. The credit services provider reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The business had revenue of $7.85 billion for the quarter, compared to analysts’ expectations of $7.88 billion. PayPal had a net margin of 14.08% and a return on equity of 23.44%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 EPS. As a group, sell-side analysts anticipate that PayPal Holdings, Inc. will post 4.58 EPS for the current year.

Analyst Ratings Changes

PYPL has been the subject of several research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $100.00 price target on shares of PayPal in a research note on Thursday, December 12th. Robert W. Baird lifted their target price on shares of PayPal from $80.00 to $91.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. UBS Group upped their price target on PayPal from $72.00 to $85.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Phillip Securities reiterated an “accumulate” rating and set a $90.00 price objective (up previously from $80.00) on shares of PayPal in a research note on Friday, November 1st. Finally, Monness Crespi & Hardt increased their target price on PayPal from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. Fourteen investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.48.

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.