TIAA Trust National Association Reduces Stock Holdings in PayPal Holdings, Inc. $PYPL

TIAA Trust National Association lessened its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,410 shares of the credit services provider’s stock after selling 23,184 shares during the quarter. TIAA Trust National Association’s holdings in PayPal were worth $11,104,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Gordian Capital Singapore Pte Ltd boosted its stake in shares of PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the period. GSB Wealth Management LLC lifted its holdings in PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after buying an additional 140 shares in the last quarter. CreativeOne Wealth LLC boosted its position in PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after buying an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC grew its stake in shares of PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after acquiring an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC increased its position in shares of PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after acquiring an additional 154 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on PYPL shares. UBS Group increased their price target on PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday. Wall Street Zen upgraded PayPal from a “hold” rating to a “buy” rating in a research note on Saturday. HSBC raised their price target on shares of PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Citigroup raised shares of PayPal to a “hold” rating in a report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a report on Tuesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $83.00.

Insider Buying and Selling

In related news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Suzan Kereere sold 5,000 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.52, for a total value of $347,600.00. Following the transaction, the insider owned 43,483 shares of the company’s stock, valued at approximately $3,022,938.16. The trade was a 10.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 14,374 shares of company stock valued at $996,093. Insiders own 0.08% of the company’s stock.

PayPal Stock Up 2.0%

Shares of NASDAQ:PYPL opened at $69.27 on Monday. The company’s fifty day moving average is $69.06 and its two-hundred day moving average is $70.22. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The stock has a market capitalization of $64.81 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 1.02 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

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

PayPal Company Profile

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.