DJE Kapital AG lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 13.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 124,527 shares of the credit services provider’s stock after purchasing an additional 15,126 shares during the period. DJE Kapital AG’s holdings in PayPal were worth $7,401,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Kelleher Financial Advisors bought a new position in shares of PayPal during the 3rd quarter valued at $30,000. Torren Management LLC purchased a new stake in shares of PayPal during the fourth quarter valued at approximately $31,000. Private Wealth Asset Management LLC boosted its stake in shares of PayPal by 8,700.0% during the fourth quarter. Private Wealth Asset Management LLC now owns 528 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 522 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of PayPal during the fourth quarter valued at approximately $31,000. Finally, Strategic Advocates LLC purchased a new stake in shares of PayPal during the third quarter valued at approximately $38,000. Institutional investors own 68.32% of the company’s stock.
PayPal Price Performance
PYPL opened at $41.24 on Friday. The stock has a fifty day simple moving average of $45.91 and a two-hundred day simple moving average of $49.99. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47. The company has a market cap of $36.38 billion, a price-to-earnings ratio of 7.74, a price-to-earnings-growth ratio of 1.02 and a beta of 1.34. PayPal Holdings, Inc. has a 12-month low of $38.46 and a 12-month high of $79.50.
PayPal Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a $0.14 dividend. The ex-dividend date is Thursday, June 4th. This represents a $0.56 dividend on an annualized basis and a yield of 1.4%. PayPal’s dividend payout ratio is 10.51%.
Insiders Place Their Bets
In other news, CAO Chris Natali sold 1,337 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $49.46, for a total transaction of $66,128.02. Following the completion of the transaction, the chief accounting officer directly owned 1,586 shares in the company, valued at $78,443.56. This trade represents a 45.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total value of $144,587.41. Following the transaction, the insider owned 30,983 shares of the company’s stock, valued at $1,325,762.57. The trade was a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 20,612 shares of company stock worth $966,623. 0.63% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
PYPL has been the subject of a number of analyst reports. Loop Capital initiated coverage on PayPal in a research note on Tuesday, March 31st. They set a “hold” rating and a $46.00 price objective for the company. Wolfe Research reissued a “sell” rating on shares of PayPal in a research note on Monday, February 23rd. Needham & Company LLC reissued a “hold” rating on shares of PayPal in a research note on Tuesday, May 5th. KGI Securities reissued a “hold” rating and set a $55.00 price objective on shares of PayPal in a research note on Monday, March 2nd. Finally, Daiwa Securities Group raised PayPal from a “hold” rating to an “outperform” rating in a research note on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $55.85.
Check Out Our Latest Stock Report on PayPal
Key Stories Impacting PayPal
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal announced a new partnership with Shopware to power “Shopware Payments,” giving merchants embedded access to PayPal checkout, wallets, BNPL, and other payment options inside a growing e-commerce platform. The deal expands PayPal’s reach with online sellers and could add more transaction volume over time. Shopware Launches Shopware Payments in Partnership with PayPal
- Positive Sentiment: A separate report highlighted that the Shopware partnership deepens PayPal’s embedded payments footprint and could help narrow the company’s valuation gap if it can turn these integrations into sustained growth. Shopware Payments Deepens PayPal’s Embedded Reach As Valuation Gap Widens
- Neutral Sentiment: PayPal also released new consumer survey data showing many Canadian shoppers are willing to cut other spending to attend summer soccer events, which is more of a brand-marketing item than a direct financial catalyst. Goal vs. Going Out: New PayPal Poll shows 44% of Canadians surveyed would sideline everyday spending for summer soccer
- Neutral Sentiment: Analysts reportedly continue to rate PayPal as a “Hold,” suggesting sentiment remains cautious even as the stock rebounds from recent weakness. PayPal Holdings, Inc. Receives Consensus Rating of “Hold” from Analysts
- Negative Sentiment: Recent coverage noted PayPal has been declining more than the broader market, reinforcing that investors still have concerns about growth and momentum despite the latest partnership news. Paypal (PYPL) Declines More Than Market: Some Information for Investors
About PayPal
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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