Jupiter Asset Management Ltd. Lowers Holdings in PayPal Holdings, Inc. $PYPL

Jupiter Asset Management Ltd. lessened its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 61.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 448,409 shares of the credit services provider’s stock after selling 708,546 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in PayPal were worth $33,326,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its position in PayPal by 0.3% during 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 acquiring an additional 276,339 shares during the period. Deutsche Bank AG grew its holdings in shares of PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. increased its position in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in PayPal by 44.6% during 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 buying an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in PayPal during the first quarter worth approximately $529,264,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 36,156 shares of company stock worth $2,472,271 over the last three months. Company insiders own 0.08% of the company’s stock.

PayPal Stock Performance

PYPL stock opened at $67.20 on Thursday. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The company has a market capitalization of $62.88 billion, a P/E ratio of 13.47, a PEG ratio of 0.99 and a beta of 1.45. The company has a 50-day simple moving average of $68.60 and a 200 day simple moving average of $70.42. 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 (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

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

Analyst Ratings Changes

PYPL has been the topic of a number of recent research reports. Wall Street Zen upgraded PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Royal Bank Of Canada upped their price target on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. Macquarie increased their price objective on shares of PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Argus upped their target price on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Cowen reiterated a “mixed” rating on shares of PayPal in a 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $82.94.

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.