1832 Asset Management L.P. Makes New $2.70 Million Investment in PayPal Holdings, Inc. $PYPL

1832 Asset Management L.P. acquired a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 36,370 shares of the credit services provider’s stock, valued at approximately $2,703,000.

A number of other hedge funds also recently made changes to their positions in PYPL. Gordian Capital Singapore Pte Ltd increased its position 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 valued at $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC boosted its stake in PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after buying an additional 140 shares during the period. CreativeOne Wealth LLC increased its position in PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after acquiring an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC increased its position in PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after acquiring an additional 147 shares during the last quarter. Finally, Falcon Wealth Planning raised its stake in shares of PayPal by 2.5% in the second quarter. Falcon Wealth Planning now owns 6,295 shares of the credit services provider’s stock valued at $468,000 after acquiring an additional 156 shares during the period. 68.32% of the stock is currently owned by institutional investors.

PayPal Trading Up 0.9%

NASDAQ:PYPL opened at $62.28 on Friday. The stock has a market capitalization of $58.27 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 0.83 and a beta of 1.43. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. 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 firm has a 50 day moving average of $66.60 and a 200 day moving average of $69.51.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The company 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 firm’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. As a group, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 19th. PayPal’s dividend payout ratio (DPR) is presently 11.22%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. KGI Securities reduced their price objective on shares of PayPal from $85.00 to $80.00 in a research report on Monday, November 10th. Argus increased their price target on PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Robert W. Baird set a $83.00 price target on PayPal in a research note on Wednesday, October 29th. Citigroup raised PayPal to a “hold” rating in a research report on Thursday, October 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Fifteen investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $81.39.

Insider Transactions at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the transaction, the executive vice president owned 35,699 shares of the company’s stock, valued at $2,366,486.71. This represents a 20.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is owned by company 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.