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PayPal Holdings, Inc. $PYPL Shares Acquired by Money Concepts Capital Corp
Money Concepts Capital Corp significantly increased its stake in PayPal Holdings, Inc. ($PYPL) by 564.8% in Q4, acquiring 31,173 shares valued at approximately $1.82 million. This comes as PayPal reported strong quarterly results, beating EPS and revenue expectations. Despite this, Wall Street analysts maintain a cautious “Hold” rating on average, with a consensus price target of $55.85, even after the company announced a $0.14 quarterly dividend.