Roman Butler Fullerton & Co. Has $852,000 Holdings in PayPal Holdings, Inc. (NASDAQ:PYPL)

Roman Butler Fullerton & Co. lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,438 shares of the credit services provider’s stock after purchasing an additional 154 shares during the period. Roman Butler Fullerton & Co.’s holdings in PayPal were worth $852,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Relyea Zuckerberg Hanson LLC lifted its holdings in PayPal by 113.8% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 7,470 shares of the credit services provider’s stock valued at $638,000 after buying an additional 3,976 shares during the period. World Investment Advisors LLC acquired a new position in PayPal in the third quarter valued at $387,435,000. United Advisor Group LLC acquired a new position in PayPal in the third quarter valued at $810,000. FCG Investment Co acquired a new position in PayPal in the third quarter valued at $1,079,000. Finally, Equity Investment Corp lifted its holdings in PayPal by 3.5% in the third quarter. Equity Investment Corp now owns 1,998,298 shares of the credit services provider’s stock valued at $155,927,000 after buying an additional 67,497 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Trading Up 1.8 %

Shares of PYPL stock opened at $77.97 on Friday. PayPal Holdings, Inc. has a 52-week low of $56.97 and a 52-week high of $93.66. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.25 and a current ratio of 1.26. The company has a 50-day simple moving average of $86.66 and a two-hundred day simple moving average of $80.01. The company has a market capitalization of $77.13 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 1.29 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.08. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The business had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.27 billion. During the same period in the prior year, the firm posted $1.48 EPS. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PYPL. Robert W. Baird dropped their target price on shares of PayPal from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Wednesday, February 5th. Susquehanna boosted their target price on shares of PayPal from $94.00 to $101.00 and gave the company a “positive” rating in a report on Monday, January 6th. JPMorgan Chase & Co. upped their price objective on shares of PayPal from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. BMO Capital Markets upped their price objective on shares of PayPal from $73.00 to $82.00 and gave the company a “market perform” rating in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group upped their price objective on shares of PayPal from $79.00 to $87.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Thirteen investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $90.52.

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.