DJE Kapital AG Buys 15,126 Shares of PayPal Holdings, Inc. $PYPL

DJE Kapital AG grew its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,527 shares of the credit services provider’s stock after buying an additional 15,126 shares during the period. DJE Kapital AG’s holdings in PayPal were worth $7,401,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of PYPL. Norges Bank bought a new stake in shares of PayPal during the fourth quarter valued at about $949,758,000. Vanguard Group Inc. increased its position in shares of PayPal by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock valued at $5,276,205,000 after buying an additional 5,534,462 shares during the period. Dimensional Fund Advisors LP increased its position in shares of PayPal by 35.9% during the third quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider’s stock valued at $548,520,000 after buying an additional 2,160,227 shares during the period. Primecap Management Co. CA increased its position in shares of PayPal by 22.3% during the fourth quarter. Primecap Management Co. CA now owns 8,168,490 shares of the credit services provider’s stock valued at $476,876,000 after buying an additional 1,487,560 shares during the period. Finally, Two Sigma Investments LP bought a new stake in shares of PayPal during the third quarter valued at about $97,794,000. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Up 1.3%

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

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

PayPal Dividend Announcement

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

Insider Buying and Selling

In other PayPal news, insider Suzan Kereere sold 3,379 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total transaction of $144,587.41. Following the transaction, the insider directly owned 30,983 shares in the company, valued at $1,325,762.57. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of PayPal stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $49.46, for a total transaction of $66,128.02. Following the transaction, the chief accounting officer directly owned 1,586 shares in the company, valued at $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. Over the last three months, insiders have sold 20,612 shares of company stock worth $966,623. Insiders own 0.63% of the company’s stock.

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Bank of America decreased their price target on PayPal from $55.00 to $53.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Truist Financial decreased their price target on PayPal from $45.00 to $44.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Raymond James Financial reiterated a “market perform” rating on shares of PayPal in a research report on Monday, February 23rd. Citigroup upped their price target on PayPal from $42.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, April 8th. Finally, BMO Capital Markets initiated coverage on shares of PayPal in a research report on Tuesday, April 21st. They issued a “market perform” rating and a $52.00 price objective on the stock. Eight analysts have rated the stock with a Buy rating, thirty-two have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, PayPal presently has a consensus rating of “Hold” and a consensus target price of $55.85.

PayPal 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.