Total Wealth Planning & Management Inc. boosted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 21.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,677 shares of the credit services provider’s stock after purchasing an additional 2,397 shares during the quarter. PayPal comprises approximately 0.8% of Total Wealth Planning & Management Inc.’s portfolio, making the stock its 27th biggest position. Total Wealth Planning & Management Inc.’s holdings in PayPal were worth $1,016,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in PayPal by 0.3% in 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 purchasing an additional 276,339 shares in the last quarter. Deutsche Bank AG boosted its holdings in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares in the last quarter. Invesco Ltd. boosted its holdings in 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. Goldman Sachs Group Inc. boosted its holdings in PayPal by 44.6% in 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 purchasing an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC acquired a new position in PayPal in the first quarter valued at approximately $529,264,000. 68.32% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on PYPL. Rothschild & Co Redburn upped their price target on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Wall Street Zen cut PayPal from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. JMP Securities reduced their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 30th. Citigroup reiterated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Macquarie reiterated an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $84.66.
PayPal Price Performance
PayPal stock opened at $75.75 on Friday. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The business has a 50 day simple moving average of $68.87 and a 200-day simple moving average of $69.43. The stock has a market capitalization of $72.37 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 1.17 and a beta of 1.44.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter in the prior year, the business earned $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
Insiders Place Their Bets
In other PayPal news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider owned 48,483 shares of the company’s stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by corporate 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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