Waterfront Wealth Inc. Has $2.68 Million Stake in PayPal Holdings, Inc. $PYPL

Waterfront Wealth Inc. decreased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,098 shares of the credit services provider’s stock after selling 649 shares during the quarter. Waterfront Wealth Inc.’s holdings in PayPal were worth $2,683,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after purchasing an additional 276,339 shares in the last quarter. Deutsche Bank AG increased its stake in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares in the last quarter. Invesco Ltd. increased its stake in PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC bought a new stake in PayPal in the first quarter valued at approximately $529,264,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PYPL shares. Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research note on Tuesday, July 29th. Macquarie reaffirmed an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Royal Bank Of Canada upped their target price on shares of PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research note on Tuesday. The Goldman Sachs Group set a $70.00 target price on shares of PayPal and gave the company a “sell” rating in a research note on Monday, October 13th. Finally, Citigroup raised shares of PayPal to a “hold” rating in a research report on Thursday, October 23rd. Fifteen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $82.89.

Insider Activity at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company’s stock.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $73.02 on Wednesday. The firm has a market cap of $69.76 billion, a PE ratio of 15.60, a PEG ratio of 1.09 and a beta of 1.44. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a fifty day moving average price of $69.03 and a 200 day moving average price of $70.01.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same period in the prior year, the business earned $1.20 EPS. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%.

About PayPal

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.