Hantz Financial Services Inc. decreased its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 39.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,846 shares of the credit services provider’s stock after selling 20,383 shares during the period. Hantz Financial Services Inc.’s holdings in PayPal were worth $1,801,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Maia Wealth LLC increased its position in PayPal by 2.5% during the third quarter. Maia Wealth LLC now owns 6,404 shares of the credit services provider’s stock worth $424,000 after purchasing an additional 155 shares during the last quarter. Transatlantique Private Wealth LLC increased its position in PayPal by 2.9% during the third quarter. Transatlantique Private Wealth LLC now owns 5,698 shares of the credit services provider’s stock worth $382,000 after purchasing an additional 159 shares during the last quarter. Martin & Co. Inc. TN increased its position in PayPal by 0.3% during the third quarter. Martin & Co. Inc. TN now owns 56,934 shares of the credit services provider’s stock worth $3,818,000 after purchasing an additional 175 shares during the last quarter. RWA Wealth Partners LLC increased its position in shares of PayPal by 0.7% in the third quarter. RWA Wealth Partners LLC now owns 25,043 shares of the credit services provider’s stock worth $1,679,000 after acquiring an additional 184 shares in the last quarter. Finally, GeoWealth Management LLC increased its position in shares of PayPal by 6.2% in the third quarter. GeoWealth Management LLC now owns 3,214 shares of the credit services provider’s stock worth $216,000 after acquiring an additional 188 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.
Trending Headlines about PayPal
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal expanded its cross-border payments reach through Tencent’s WeChat Pay network, allowing U.S. PayPal users to make purchases at millions of merchants in China by scanning QR codes. The move could strengthen PayPal’s international utility and transaction volume. Article Title
- Positive Sentiment: The company outlined multiple paths to achieve about $1.5 billion in gross run-rate savings, including AI, automation, and restructuring, which supports margins and could lift earnings if execution stays on track. Article Title
- Positive Sentiment: PayPal also highlighted a new travel-related checkout feature through The Tour Guy’s “Reserve Now, Pay Later” offering, reinforcing that PayPal’s payments infrastructure is being adopted in more commerce use cases. Article Title
- Neutral Sentiment: Management presented at Bernstein’s Strategic Decisions Conference, but the transcript itself did not include any major new catalyst beyond reinforcing the company’s current strategy. Article Title
- Negative Sentiment: Some investor commentary continues to suggest that leadership change and Q1 performance concerns may weigh on sentiment, indicating the market still wants clearer proof of a durable turnaround. Article Title
PayPal Price Performance
PayPal (NASDAQ:PYPL – Get Free Report) last announced 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 during the quarter, compared to analyst estimates of $8.05 billion. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business earned $1.33 EPS. As a group, research analysts anticipate that PayPal Holdings, Inc. will post 5.3 earnings per share for the current fiscal year.
PayPal Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is currently 10.51%.
Insiders Place Their Bets
In other PayPal news, EVP Frank Keller sold 29,581 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $46.02, for a total transaction of $1,361,317.62. Following the completion of the transaction, the executive vice president directly owned 51,567 shares of the company’s stock, valued at $2,373,113.34. This trade represents a 36.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Suzan Kereere sold 13,515 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $46.02, for a total transaction of $621,960.30. Following the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $1,425,837.66. This represents a 30.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 57,373 shares of company stock valued at $2,684,341 in the last ninety days. Corporate insiders own 0.63% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group dropped their price objective on shares of PayPal from $41.00 to $40.00 in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of PayPal from $50.00 to $45.00 in a research report on Monday, May 11th. KGI Securities reissued a “hold” rating and issued a $55.00 price objective on shares of PayPal in a research report on Monday, March 2nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $59.00 price objective on shares of PayPal in a research report on Wednesday, May 6th. Finally, Stephens dropped their price objective on shares of PayPal from $65.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $55.85.
Get Our Latest Stock Analysis on PayPal
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.
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