Caisse de depot et placement du Quebec Acquires New Shares in PayPal Holdings, Inc. $PYPL

Caisse de depot et placement du Quebec acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,080,037 shares of the credit services provider’s stock, valued at approximately $46,636,000. Caisse de depot et placement du Quebec owned about 0.13% of PayPal as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of PYPL. Bard Associates Inc. acquired a new position in shares of PayPal during the 4th quarter worth $25,000. Allied Private Wealth LLC purchased a new stake in shares of PayPal in the 2nd quarter worth about $25,000. Robinswood Financial LLC purchased a new stake in shares of PayPal in the 1st quarter worth about $26,000. Caitong International Asset Management Co. Ltd grew its stake in PayPal by 15,233.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 457 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in PayPal in the 2nd quarter valued at about $27,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PYPL has been the subject of a number of research reports. UBS Group set a $45.00 target price on shares of PayPal in a research report on Wednesday, July 29th. Cantor Fitzgerald increased their price target on shares of PayPal from $54.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research report on Tuesday, May 5th. Susquehanna raised their price objective on shares of PayPal from $63.00 to $67.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their price objective on PayPal from $48.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, PayPal has a consensus rating of “Hold” and an average target price of $56.28.

Insider Activity

In related news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $60.96, for a total transaction of $253,715.52. Following the transaction, the insider directly owned 30,983 shares in the company, valued at approximately $1,888,723.68. This represents a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 732 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $42,529.20. Following the completion of the sale, the insider directly owned 41,567 shares in the company, valued at approximately $2,415,042.70. The trade was a 1.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,774 shares of company stock valued at $738,249 over the last quarter. Company insiders own 0.63% of the company’s stock.

PayPal Stock Performance

NASDAQ:PYPL opened at $61.47 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a market cap of $52.59 billion, a PE ratio of 11.62, a P/E/G ratio of 1.51 and a beta of 1.30. The firm has a 50 day simple moving average of $53.66 and a 200-day simple moving average of $48.07. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.21.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. The firm had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. PayPal’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.40 earnings per share. On average, equities analysts expect that PayPal Holdings, Inc. will post 5.38 EPS for the current year.

PayPal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. PayPal’s dividend payout ratio (DPR) is 10.59%.

Key Stories Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal’s expansion into tuition payments could support future growth. Integrations with Nelnet Campus Commerce, Illumia and TouchNet allow students and families to use PayPal and Venmo for tuition-related payments, broadening Venmo’s commercial use. PayPal Holdings Tuition Payment Push
• Positive Sentiment: The company’s latest quarterly results exceeded expectations, with earnings per share of $1.38 versus consensus of $1.28 and revenue of approximately $8.68 billion versus estimates of $8.47 billion. Total payment volume reportedly increased 10% year over year, while analysts have raised some price targets and investors continue to view the new CEO transition as a possible turnaround opportunity. Why Is PayPal Up Since Earnings
• Neutral Sentiment: Recent momentum had been strong, with PayPal gaining about 10% over the past month and 39% over three months, although its one-year total return remained negative. The stock’s valuation—roughly 12 times earnings—may attract value investors, but reported analyst targets vary widely and several remain below the current trading level. PayPal Opinions on Earnings and Acquisition Speculation
• Negative Sentiment: The reported collapse of the Advent-Stripe discussions eliminates hopes for a deal premium. The consortium had previously been linked to an offer of at least $60.50 per share, with negotiations reportedly focused on a higher bid. Without that proposal, investors may refocus on PayPal’s slower revenue growth and execution risks. Advent Stripe Consortium Drops PayPal Pursuit

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.