PayPal Holdings, Inc. $PYPL Shares Sold by Rathbones Group PLC

Rathbones Group PLC decreased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 32.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 185,075 shares of the credit services provider’s stock after selling 90,473 shares during the quarter. Rathbones Group PLC’s holdings in PayPal were worth $13,755,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on PYPL. Rothschild & Co Redburn increased their price target on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. TD Cowen upped their target price on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research note on Tuesday, July 29th. Barclays restated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, The Goldman Sachs Group increased their price objective on PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research report on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $83.03.

Insiders Place Their Bets

In other news, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Chris Natali sold 1,374 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 26,874 shares of company stock worth $1,856,968. 0.08% of the stock is owned by corporate insiders.

PayPal Trading Down 0.1%

NASDAQ PYPL opened at $66.22 on Monday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $61.96 billion, a P/E ratio of 13.27, a P/E/G ratio of 0.98 and a beta of 1.45. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The firm has a 50-day moving average price of $68.77 and a 200 day moving average price of $70.42.

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. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the previous year, the company earned $1.20 EPS. The firm’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. Equities research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

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

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.