Securities Analyst Recommendations: PayPal Holdings, Inc. (PYPL), Fortinet, Inc. (FTNT)

Galtero Lara
Febrero 15, 2018

PayPal Holdings, Inc. (NASDAQ:PYPL) now has a Weekly Volatility of 3.39% percent while its Monthly Volatility is at 3.06% percent. The institutional investor owned 2,438,705 shares of the credit services provider's stock after buying an additional 68,669 shares during the period. BlackRock Inc. increased its stake in shares of Paypal by 6.6% in the fourth quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. The credit services provider reported $0.55 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.03. Insiders sold 126,344 shares of company stock valued at $9,818,481 over the last three months. San Francisco Sentry Investment Group CA raised its stake in Paypal by 352.8% in the 3rd quarter.

From another technical standpoint, PayPal Holdings, Inc. Arcadia Investment Management Corp MI now owns 1,434 shares of the credit services provider's stock worth $106,000 after acquiring an additional 1,000 shares during the last quarter. Capital World Investors raised its stake in Paypal by 313.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 10,973,668 shares of the credit services provider's stock valued at $702,644,000 after buying an additional 2,234,157 shares in the last quarter.

Paypal Holdings Inc (NASDAQ PYPL) traded up $2.43 on Monday, reaching $74.75. Paypal Holdings Inc has a 12-month low of $40.56 and a 12-month high of $86.32. The company's market cap is $87.54 Billion.

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PayPal Holdings, Inc. (NASDAQ:PYPL)'s earnings per share has been growing at a 18.2 percent rate over the past 5 year when average revenue increase was noted as 18.3 percent. Paypal had a return on equity of 11.59% and a net margin of 13.71%. At one point in the past year, the shares traded as low as $0.93 but has recovered 112.86% since then. The business's revenue was up 25.6% compared to the same quarter last year. analysts expect that Paypal will post 1.75 earnings per share for the current fiscal year. Also, Director Rodney C. Adkins acquired 6,750 shares of the company's stock in a transaction on Friday, December 8th. The price/earnings ratio (P/E) is 51.25 and the forward P/E ratio stands at 27.15. The fund bought 20,515 shares of the credit services provider's stock, valued at approximately $1,510,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The shares were sold at an average price of $77.68, for a total value of $4,660,800.00. Following the completion of the purchase, the director now directly owns 10,149 shares in the company, valued at approximately $751,431.96. The current trading volume of 10.41 sits 2.26% higher than the past 3 month's readings, indicating near-term traders have been more active toward PYPL than usual of late.

Companies with higher future earnings are usually expected to issue higher dividends or have appreciating stock in the future.

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. BTIG Research lowered shares of Paypal from a "buy" rating to a "neutral" rating in a research report on Thursday, February 1st. 0 analysts gave its stock an Outperform rating. Stifel Nicolaus upped their price objective on shares of Paypal from $77.00 to $79.00 and gave the stock a "hold" rating in a report on Thursday, February 1st. The stock now has an average rating of "Buy" and a consensus target price of $77.04. Finally, BidaskClub upgraded shares of Paypal from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, January 10th. Infinity Pharmaceuticals, Inc.is given 1 buy-equivalent recommendations, 0 sells and 3 holds. The stock was sold at an average price of $77.84, for a total transaction of $729,127.28.

COPYRIGHT VIOLATION NOTICE: "Paypal Holdings Inc (PYPL) Stake Increased by California Public Employees Retirement System" was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/12/paypal-holdings-inc-pypl-stake-increased-by-california-public-employees-retirement-system.html.

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