Naya Capital Management Uk Ltd buys $65,400,981 stake in Paypal Holdings Inc (PYPL)

Paypal Holdings Inc (PYPL) : Naya Capital Management Uk Ltd scooped up 135,985 additional shares in Paypal Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 1,631,761 shares of Paypal Holdings Inc which is valued at $65,400,981.Paypal Holdings Inc makes up approximately 8.62% of Naya Capital Management Uk Ltd’s portfolio.

Other Hedge Funds, Including , Pennant Capital Management reduced its stake in PYPL by selling 1,482,100 shares or 48.44% in the most recent quarter. The Hedge Fund company now holds 1,577,511 shares of PYPL which is valued at $61,223,202. Paypal Holdings Inc makes up approx 2.66% of Pennant Capital Management’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in PYPL in the latest quarter, The investment management firm added 71,560 additional shares and now holds a total of 133,829 shares of Paypal Holdings Inc which is valued at $5,521,785. Paypal Holdings Inc makes up approx 0.05% of Nn Investment Partners Holdings N.v.’s portfolio.Thompson Davis reduced its stake in PYPL by selling 88 shares or 18.37% in the most recent quarter. The Hedge Fund company now holds 391 shares of PYPL which is valued at $16,140. Paypal Holdings Inc makes up approx 0.03% of Thompson Davis’s portfolio.Reilly Financial Advisors reduced its stake in PYPL by selling 400 shares or 25.81% in the most recent quarter. The Hedge Fund company now holds 1,150 shares of PYPL which is valued at $48,680. Paypal Holdings Inc makes up approx 0.01% of Reilly Financial Advisors’s portfolio.

Paypal Holdings Inc opened for trading at $40.08 and hit $40.57 on the upside on Monday, eventually ending the session at $40.08, with a gain of 0.50% or 0.2 points. The heightened volatility saw the trading volume jump to 95,21,525 shares. Company has a market cap of $48,362 M.

On the company’s financial health, Paypal Holdings Inc reported $0.35 EPS for the quarter, based on the information available during the earnings call on Oct 20, 2016. Analyst had a consensus estimate of $0.35. The company had revenue of $2667.00 million for the quarter, compared to analysts expectations of $2649.87 million. The company’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.

Many Wall Street Analysts have commented on Paypal Holdings Inc. Company shares were Upgraded by Stifel on Oct 21, 2016 to ” Buy”, Firm has raised the Price Target to $ 49 from a previous price target of $43 .Company shares were Reiterated by Mizuho on Oct 21, 2016 to “Buy”, Firm has raised the Price Target to $ 48 from a previous price target of $46 .Company shares were Reiterated by Barclays on Oct 14, 2016 to “Overweight”, Firm has raised the Price Target to $ 47 from a previous price target of $42 .

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.

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