Franklin Street Advisors Inc Nc Lowers stake in Paypal Holdings Inc (PYPL)

Paypal Holdings Inc (PYPL) : Franklin Street Advisors Inc Nc reduced its stake in Paypal Holdings Inc by 0.46% during the most recent quarter end. The investment management company now holds a total of 266,256 shares of Paypal Holdings Inc which is valued at $10,272,156 after selling 1,224 shares in Paypal Holdings Inc , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.Paypal Holdings Inc makes up approximately 2.00% of Franklin Street Advisors Inc Nc’s portfolio.

Paypal Holdings Inc closed down -0.06 points or -0.16% at $38.58 with 52,39,576 shares getting traded on Friday. Post opening the session at $38.69, the shares hit an intraday low of $38.29 and an intraday high of $38.95 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Guinness Asset Management Ltd boosted its stake in PYPL in the latest quarter, The investment management firm added 6,410 additional shares and now holds a total of 61,940 shares of Paypal Holdings Inc which is valued at $2,389,645. Paypal Holdings Inc makes up approx 0.71% of Guinness Asset Management Ltd’s portfolio.Central Trust Co reduced its stake in PYPL by selling 265 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 33,397 shares of PYPL which is valued at $1,288,456. Paypal Holdings Inc makes up approx 0.10% of Central Trust Co’s portfolio.Newman Dignan Sheerar boosted its stake in PYPL in the latest quarter, The investment management firm added 450 additional shares and now holds a total of 8,733 shares of Paypal Holdings Inc which is valued at $336,919. Paypal Holdings Inc makes up approx 0.24% of Newman Dignan Sheerar’s portfolio.

Many Wall Street Analysts have commented on Paypal Holdings Inc. Compass Point Initiated Paypal Holdings Inc on Apr 15, 2016 to “Neutral”, Price Target of the shares are set at $40.Company shares were Reiterated by Sun Trust Rbsn Humphrey on Apr 13, 2016 to “Buy”, Firm has raised the Price Target to $ 44 from a previous price target of $38 .Paypal Holdings Inc was Initiated by Bernstein to “Mkt Perform” on Mar 30, 2016.

PayPal Holdings Inc. (PayPal) is a technology platform company which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers merchants friends and family to access and move their money through its platform using various devices such as mobile tablets personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites mobile devices and applications and at offline retail locations through a range of payment solutions across its Payments Platform including PayPal PayPal Credit Venmo and Braintree products. PayPal gateway products include Payflow Payments and Braintree products. The Company enables its consumers to fund a purchase using a bank account a PayPal account balance a PayPal Credit account a credit or debit card or other stored value products such as coupons and gift cards.

One Response

  1. PhilipCohen April 19, 2016

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