Natural Investments LLC Invests $233,000 in PayPal Holdings, Inc. (NASDAQ:PYPL)

Natural Investments LLC acquired a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,739 shares of the credit services provider’s stock, valued at approximately $233,000.

Other hedge funds have also recently bought and sold shares of the company. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of PayPal in the third quarter valued at approximately $26,000. Rosenberg Matthew Hamilton boosted its position in shares of PayPal by 67.6% during the fourth quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider’s stock worth $26,000 after buying an additional 125 shares during the period. Sugarloaf Wealth Management LLC grew its holdings in PayPal by 344.3% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 351 shares of the credit services provider’s stock worth $30,000 after buying an additional 272 shares in the last quarter. Planning Capital Management Corp increased its position in PayPal by 186.1% in the 3rd quarter. Planning Capital Management Corp now owns 412 shares of the credit services provider’s stock valued at $32,000 after acquiring an additional 268 shares during the period. Finally, Legacy Investment Solutions LLC bought a new stake in PayPal during the 3rd quarter valued at $36,000. 68.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Morgan Stanley raised their price target on PayPal from $79.00 to $80.00 and gave the company an “equal weight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, February 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research note on Wednesday, February 26th. Susquehanna increased their price objective on shares of PayPal from $94.00 to $101.00 and gave the company a “positive” rating in a report on Monday, January 6th. Finally, Keefe, Bruyette & Woods boosted their target price on PayPal from $92.00 to $104.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Fourteen equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $90.03.

PayPal Stock Performance

PYPL opened at $68.62 on Thursday. The stock has a market cap of $67.88 billion, a PE ratio of 17.11, a P/E/G ratio of 1.27 and a beta of 1.52. PayPal Holdings, Inc. has a 1 year low of $56.97 and a 1 year high of $93.66. The stock’s 50 day simple moving average is $80.72 and its 200-day simple moving average is $81.00. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.08. The company had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.27 billion. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.48 earnings per share. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity

In related news, Director Gail J. Mcgovern sold 2,446 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $72.15, for a total transaction of $176,478.90. Following the completion of the sale, the director now owns 29,734 shares in the company, valued at $2,145,308.10. This trade represents a 7.60 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.14% of the stock is owned by corporate insiders.

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.