Targeted Movers: PayPal Holdings, Inc. (PYPL), JD.com, Inc. (JD)

Mindy Sparks
December 8, 2017

A number of other hedge funds also recently bought and sold shares of the stock. Jennison Associates LLC acquired a new position in shares of Paypal in the third quarter worth approximately $481,937,000. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider's stock worth $761,000 after purchasing an additional 60 shares in the last quarter. Meadow Creek Investment Management LLC boosted its stake in shares of Paypal Holdings by 23.9% in the first quarter. Sigma Planning Corp now owns 16,819 shares of the credit services provider's stock worth $903,000 after purchasing an additional 74 shares in the last quarter. Finally, Gamco Investors INC. BlackRock Inc. boosted its position in Paypal by 4.7% during the second quarter. Gamco Investors INC. ET AL now owns 449,841 shares of the credit services provider's stock valued at $19,352,000 after buying an additional 4,840 shares in the last quarter.

Several institutional investors have recently made changes to their positions in PYPL.

PayPal Holdings, Inc. has been given an analysts' mean target of 80. Apriem Advisors now owns 8,398 shares of the credit services provider's stock worth $451,000 after purchasing an additional 52 shares in the last quarter. Handelsinvest Investeringsforvaltning's holdings in Paypal Holdings were worth $1,910,000 at the end of the most recent quarter.

PayPal Holdings, Inc. (PYPL) performance during the last one year upgraded 82.61 percent, while its year to date (YTD) performance showed a positive trend of 80.39 percent. Paypal has a 12 month low of $39.02 and a 12 month high of $79.39. The company has a market cap of $64.29 billion, a PE ratio of 45.74 and a beta of 0.91. Based on a recent bid, its distance from 20 days simple moving average is -2.82%, and its distance from 50 days simple moving average is 2.99% while it has a distance of 28.70% from the 200 days simple moving average.

The company's ATR (Average True Range) is 1.23. Zacks Investment Research cut Paypal Holdings from a "hold" rating to a "sell" rating in a report on Thursday, April 27th. Nomura lifted their price objective on Paypal from $57.00 to $68.00 and gave the company a "buy" rating in a report on Thursday, July 27th. Credit Suisse Group restated an "outperform" rating and issued a $70.00 price target (up previously from $63.00) on shares of Paypal in a research report on Tuesday, October 10th. Finally, Citigroup reissued a "buy" rating and issued a $87.00 target price on shares of Paypal in a research report on Friday, November 17th. Ten investment analysts have rated the stock with a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the company.


Institutional owners hold 83.70% stake while Insiders ownership held at 0.10% in the company.

ILLEGAL ACTIVITY NOTICE: "FY2017 EPS Estimates for Paypal Holdings Inc Increased by KeyCorp (PYPL)" was first published by StockNewsTimes and is the sole property of of StockNewsTimes. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. (NASDAQ: PYPL) stock is found to be 4.87% volatile for the week, while 2.96% volatility is recorded for the month. Liquidity allows an investor to enter and exit a stock at a good price (i.e. tight spreads, or the difference between the bid and ask price of a stock, and low slippage, or the difference between the predictable price of a trade and the actual price).

JD.com, Inc. (JD) shares Jumped 1.5% and ended the day at $37.3.

If we look at the Volatility of PayPal Holdings, Inc. To fully grasp the existing nature of the stock, a trader will need to know the company's stock price to its revenues.

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