PayPal Holdings, Inc. $PYPL Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership boosted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 45.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,569,023 shares of the credit services provider’s stock after purchasing an additional 1,107,202 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in PayPal were worth $265,250,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in PYPL. Hilltop National Bank purchased a new stake in PayPal during the second quarter worth about $27,000. MUFG Securities EMEA plc boosted 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 holdings in shares of PayPal by 41.2% in 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 during the period. VSM Wealth Advisory LLC purchased a new position in PayPal in the 2nd quarter valued at approximately $36,000. Finally, American National Bank & Trust raised its holdings in PayPal by 52.5% during the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock worth $45,000 after purchasing an additional 210 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on PYPL shares. Rothschild & Co Redburn upped their target price on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. UBS Group increased their price objective on shares of PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Compass Point restated a “sell” rating and set a $66.00 target price on shares of PayPal in a research report on Wednesday, October 29th. Dbs Bank reduced their price target on shares of PayPal from $75.00 to $70.00 and set a “hold” rating on the stock in a report on Thursday, November 13th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of PayPal from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $82.06.

Insider Activity at PayPal

In related news, CAO Chris Natali sold 1,374 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $66.29, for a total value of $615,303.78. Following the sale, the executive vice president directly owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 36,156 shares of company stock worth $2,432,524. Company insiders own 0.08% of the company’s stock.

PayPal Stock Performance

PayPal stock opened at $62.58 on Tuesday. The stock has a fifty day moving average price of $67.02 and a 200 day moving average price of $69.76. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The firm has a market capitalization of $58.55 billion, a P/E ratio of 12.54, a PEG ratio of 0.84 and a beta of 1.43. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same period last year, the company earned $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. Equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s dividend payout ratio is 11.22%.

About PayPal

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.