Evergreen Wealth Management LLC Takes $1.54 Million Position in PayPal Holdings, Inc. $PYPL

Evergreen Wealth Management LLC acquired a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 26,358 shares of the credit services provider's stock, valued at approximately $1,539,000.Shift4’s Explosive Growth Comes With High-Stakes RiskA number of other institutional investors and hedge funds have also modified their holdings of PYPL. Vanguard Group Inc. increased its position in shares of PayPal by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider's stock valued at $5,276,205,000 after purchasing an additional 5,534,462 shares during the period. Dimensional Fund Advisors LP increased its position in shares of PayPal by 35.9% during the third quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider's stock valued at $548,520,000 after purchasing an additional 2,160,227 shares during the period. Two Sigma Investments LP bought a new stake in shares of PayPal during the third quarter valued at approximately $97,794,000. Invesco Ltd. increased its position in shares of PayPal by 10.9% during the third quarter. Invesco Ltd. now owns 11,131,949 shares of the credit services provider's stock valued at $746,508,000 after purchasing an additional 1,093,365 shares during the period. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in shares of PayPal during the fourth quarter valued at approximately $51,680,000. 68.32% of the stock is currently owned by institutional investors. PayPal Stock PerformanceShares of NASDAQ:PYPL opened at $44.38 on Tuesday. The business's fifty day moving average price is $46.54 and its two-hundred day moving average price is $52.76. PayPal Holdings, Inc. has a fifty-two week low of $38.46 and a fifty-two week high of $79.50. The stock has a market capitalization of $39.15 billion, a price-to-earnings ratio of 8.33, a price-to-earnings-growth ratio of 1.11 and a beta of 1.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. Affirm: A Solid Footing or More Volatility Ahead?PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.07. The firm had revenue of $8.35 billion for the quarter, compared to analysts' expectations of $8.05 billion. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.33 earnings per share. As a group, analysts predict that PayPal Holdings, Inc. will post 5.3 EPS for the current fiscal year. PayPal Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. PayPal's dividend payout ratio is currently 10.51%. Analyst Ratings ChangesMarketBeat Week in Review – 03/16 - 03/20A number of analysts recently weighed in on PYPL shares. William Blair reissued a "market perform" rating on shares of PayPal in a research note on Tuesday, February 3rd. Needham & Company LLC reissued a "hold" rating on shares of PayPal in a research note on Tuesday, May 5th. The Goldman Sachs Group lowered their target price on shares of PayPal from $41.00 to $40.00 in a research note on Wednesday, May 6th. Loop Capital started coverage on shares of PayPal in a research note on Tuesday, March 31st. They issued a "hold" rating and a $46.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their target price on shares of PayPal from $70.00 to $46.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $55.85.Read Our Latest Analysis on PayPalInsiders Place Their BetsIn other PayPal news, CAO Chris Natali sold 1,337 shares of the company's stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $49.46, for a total transaction of $66,128.02. Following the sale, the chief accounting officer directly owned 1,586 shares of the company's stock, valued at approximately $78,443.56. This represents a 45.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 10,732 shares of the company's stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $49.96, for a total transaction of $536,170.72. Following the sale, the insider directly owned 41,567 shares in the company, valued at $2,076,687.32. This represents a 20.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 94,986 shares of company stock valued at $4,244,904. 0.63% of the stock is currently owned by insiders. About PayPal (Free Report)PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal's platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes. Key products and services in PayPal's portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree's developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.Featured StoriesFive stocks we like better than PayPalWhy Applied Optoelectronics Stock May Be Near a Turning PointFrom High-Yield to High-Growth: 3 Stocks Boosting DividendsIs Everspin Technologies the Next AI Edge Breakout?5 Robotics Stocks to Watch as Physical AI Builds MomentumWant to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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