3,624 Shares in PayPal Holdings, Inc. $PYPL Bought by NFP Retirement Inc.

NFP Retirement Inc. bought a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,624 shares of the credit services provider’s stock, valued at approximately $269,000.

A number of other hedge funds have also made changes to their positions in PYPL. Nuveen LLC acquired a new position in shares of PayPal during the 1st quarter worth $529,264,000. Goldman Sachs Group Inc. increased its holdings in PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Deutsche Bank AG raised its position in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of 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. Finally, Jupiter Asset Management Ltd. lifted its holdings in shares of PayPal by 301.7% in the first quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock valued at $75,491,000 after purchasing an additional 868,953 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Activity at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Chris Natali sold 1,374 shares of the company’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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,156 shares of company stock valued at $2,432,524 over the last three months. Insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

PYPL has been the subject of a number of recent research reports. Macquarie raised their price objective on shares of PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Argus raised their price target on PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. KeyCorp reissued a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Mizuho set a $84.00 price objective on PayPal in a research report on Thursday, October 30th. Finally, Citigroup upgraded PayPal to a “hold” rating in a research report on Thursday, October 23rd. Fifteen equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $82.56.

PayPal Price Performance

PYPL stock opened at $58.10 on Friday. The stock has a market capitalization of $54.36 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 0.81 and a beta of 1.45. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The stock’s fifty day simple moving average is $67.87 and its 200-day simple moving average is $70.20.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.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 firm posted $1.20 earnings per share. The business’s quarterly revenue 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. Equities research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, November 19th. PayPal’s dividend payout ratio is presently 11.22%.

PayPal 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.