Level Four Advisory Services LLC boosted its position in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 16.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 155,487 shares of the credit services provider’s stock after acquiring an additional 21,840 shares during the period. Level Four Advisory Services LLC’s holdings in PayPal were worth $11,556,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after purchasing an additional 276,339 shares during the last quarter. Artisan Partners Limited Partnership lifted its holdings in PayPal by 1.6% in the 2nd quarter. Artisan Partners Limited Partnership now owns 11,992,031 shares of the credit services provider’s stock worth $891,248,000 after buying an additional 184,014 shares during the period. Deutsche Bank AG grew its position in shares of PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after buying an additional 1,798,330 shares during the last quarter. Invesco Ltd. grew its position in shares of PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after buying an additional 1,232,155 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after buying an additional 2,638,815 shares during the period. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Insider Activity
In other news, EVP Aaron Webster sold 9,282 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total value of $615,303.78. Following the transaction, the executive vice president owned 35,699 shares in the company, valued at approximately $2,366,486.71. This represents a 20.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Chris Natali sold 1,374 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,156 shares of company stock valued at $2,432,524 over the last ninety days. 0.08% of the stock is currently owned by corporate insiders.
PayPal Stock Performance
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same quarter last year, the company earned $1.20 EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
PayPal Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th. PayPal’s dividend payout ratio is 11.22%.
Analysts Set New Price Targets
A number of analysts recently commented on PYPL shares. BNP Paribas Exane raised their price target on PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research report on Tuesday, October 28th. Robert W. Baird set a $83.00 price target on shares of PayPal in a research report on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada lifted their price objective on PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Sixteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $82.06.
Read Our Latest Stock Analysis on PYPL
PayPal 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.
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