Andra AP fonden Sells 114,800 Shares of PayPal Holdings, Inc. $PYPL

Andra AP fonden lowered its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 17.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 556,500 shares of the credit services provider’s stock after selling 114,800 shares during the period. Andra AP fonden’s holdings in PayPal were worth $32,488,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Colonial Trust Co SC boosted its holdings in shares of PayPal by 13.7% in the 4th quarter. Colonial Trust Co SC now owns 3,558 shares of the credit services provider’s stock valued at $208,000 after purchasing an additional 428 shares in the last quarter. DJE Kapital AG boosted its holdings in shares of PayPal by 13.8% in the 4th quarter. DJE Kapital AG now owns 124,527 shares of the credit services provider’s stock valued at $7,401,000 after purchasing an additional 15,126 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of PayPal by 6.0% in the 4th quarter. Principal Securities Inc. now owns 34,486 shares of the credit services provider’s stock valued at $2,013,000 after purchasing an additional 1,966 shares in the last quarter. Aviva PLC boosted its holdings in shares of PayPal by 5.1% in the 4th quarter. Aviva PLC now owns 777,217 shares of the credit services provider’s stock valued at $45,374,000 after purchasing an additional 38,019 shares in the last quarter. Finally, Caerus Investment Advisors LLC acquired a new stake in shares of PayPal in the 4th quarter valued at $497,000. Institutional investors own 68.32% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on PYPL. Zacks Research upgraded PayPal from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. The Goldman Sachs Group reduced their price objective on PayPal from $41.00 to $40.00 in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on PayPal from $50.00 to $45.00 in a research report on Monday, May 11th. BMO Capital Markets began coverage on PayPal in a research report on Tuesday, April 21st. They set a “market perform” rating and a $52.00 price objective on the stock. Finally, Raymond James Financial restated a “market perform” rating on shares of PayPal in a research report on Monday, February 23rd. Eight investment analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $55.85.

PayPal Stock Up 1.3%

Shares of NASDAQ:PYPL opened at $41.24 on Friday. The company has a market capitalization of $36.38 billion, a price-to-earnings ratio of 7.74, a P/E/G ratio of 1.02 and a beta of 1.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. The business’s 50-day moving average is $45.91 and its 200-day moving average is $49.99. PayPal Holdings, Inc. has a 1 year low of $38.46 and a 1 year high of $79.50.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The company had revenue of $8.35 billion for the quarter, compared to the consensus estimate of $8.05 billion. During the same period in the previous year, the business earned $1.33 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts predict that PayPal Holdings, Inc. will post 5.3 earnings per share for the current year.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, June 4th. PayPal’s dividend payout ratio is 10.51%.

More PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal announced a new partnership with Shopware to power “Shopware Payments,” giving merchants embedded access to PayPal checkout, wallets, BNPL, and other payment options inside a growing e-commerce platform. The deal expands PayPal’s reach with online sellers and could add more transaction volume over time. Shopware Launches Shopware Payments in Partnership with PayPal
• Positive Sentiment: A separate report highlighted that the Shopware partnership deepens PayPal’s embedded payments footprint and could help narrow the company’s valuation gap if it can turn these integrations into sustained growth. Shopware Payments Deepens PayPal’s Embedded Reach As Valuation Gap Widens
• Neutral Sentiment: PayPal also released new consumer survey data showing many Canadian shoppers are willing to cut other spending to attend summer soccer events, which is more of a brand-marketing item than a direct financial catalyst. Goal vs. Going Out: New PayPal Poll shows 44% of Canadians surveyed would sideline everyday spending for summer soccer
• Neutral Sentiment: Analysts reportedly continue to rate PayPal as a “Hold,” suggesting sentiment remains cautious even as the stock rebounds from recent weakness. PayPal Holdings, Inc. Receives Consensus Rating of “Hold” from Analysts
• Negative Sentiment: Recent coverage noted PayPal has been declining more than the broader market, reinforcing that investors still have concerns about growth and momentum despite the latest partnership news. Paypal (PYPL) Declines More Than Market: Some Information for Investors

Insider Buying and Selling

In other news, insider Frank Keller sold 10,732 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $49.96, for a total value of $536,170.72. Following the completion of the sale, the insider directly owned 41,567 shares of the company’s stock, valued at $2,076,687.32. This represents a 20.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $49.46, for a total value of $66,128.02. Following the completion of the sale, the chief accounting officer directly owned 1,586 shares of the company’s stock, valued at approximately $78,443.56. This trade represents a 45.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 20,612 shares of company stock valued at $966,623. 0.63% of the stock is owned by company insiders.

PayPal Company Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.