Mitsubishi UFJ Trust & Banking Corp raised its position in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 10.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 991,839 shares of the credit services provider’s stock after purchasing an additional 91,976 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in PayPal were worth $73,713,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Evermay Wealth Management LLC grew its holdings in shares of PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after buying an additional 363 shares in the last quarter. Hilltop National Bank acquired a new position in PayPal during the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc grew its stake in shares of PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd grew its stake in shares of 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 acquiring an additional 138 shares in the last quarter. Finally, American National Bank & Trust raised its holdings in shares of PayPal by 52.5% in the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock valued at $45,000 after purchasing an additional 210 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
PYPL has been the subject of a number of analyst reports. TD Cowen raised their target price on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a research report on Wednesday, October 29th. Compass Point restated a “sell” rating and issued a $66.00 price objective on shares of PayPal in a report on Wednesday, October 29th. Truist Financial upped their target price on PayPal from $65.00 to $66.00 and gave the stock a “sell” rating in a report on Tuesday, November 4th. Canaccord Genuity Group raised their price target on PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada boosted their price target on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $82.94.
PayPal Trading Down 0.3%
Shares of NASDAQ:PYPL opened at $67.20 on Thursday. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The business has a 50 day moving average of $68.60 and a 200-day 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. The stock has a market cap of $62.88 billion, a PE ratio of 13.47, a P/E/G ratio of 0.99 and a beta of 1.45.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (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 business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. During the same period in the previous year, the company posted $1.20 EPS. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. As a group, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
PayPal Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be paid a $0.14 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.8%.
Insider Buying and Selling at PayPal
In related news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total value of $860,875.00. Following the transaction, the insider owned 30,983 shares in the company, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their position. 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 $2,472,271 in the last three months. 0.08% of the stock is owned by insiders.
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.
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