PayPal Holdings, Inc. $PYPL Shares Purchased by Greenleaf Trust

Greenleaf Trust lifted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 9.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 204,511 shares of the credit services provider’s stock after buying an additional 18,383 shares during the quarter. Greenleaf Trust’s holdings in PayPal were worth $13,715,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Forza Wealth Management LLC lifted its holdings in shares of PayPal by 19.2% during the 3rd quarter. Forza Wealth Management LLC now owns 6,845 shares of the credit services provider’s stock valued at $459,000 after acquiring an additional 1,102 shares in the last quarter. Gries Financial LLC lifted its stake in shares of PayPal by 13.2% during the third quarter. Gries Financial LLC now owns 3,414 shares of the credit services provider’s stock worth $229,000 after purchasing an additional 397 shares in the last quarter. Chicago Capital LLC boosted its position in shares of PayPal by 11.4% in the third quarter. Chicago Capital LLC now owns 50,325 shares of the credit services provider’s stock worth $3,375,000 after buying an additional 5,162 shares during the period. Bouvel Investment Partners LLC grew its stake in shares of PayPal by 1.1% in the third quarter. Bouvel Investment Partners LLC now owns 23,293 shares of the credit services provider’s stock valued at $1,562,000 after buying an additional 263 shares in the last quarter. Finally, Daymark Wealth Partners LLC raised its holdings in shares of PayPal by 41.6% during the 3rd quarter. Daymark Wealth Partners LLC now owns 11,188 shares of the credit services provider’s stock valued at $750,000 after buying an additional 3,286 shares during the period. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PYPL shares. HSBC upped their price target on PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. The Goldman Sachs Group upped their target price on shares of PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a research note on Wednesday, October 29th. Compass Point lowered their price target on shares of PayPal from $66.00 to $56.00 and set a “sell” rating for the company in a report on Tuesday, December 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of PayPal in a research report on Wednesday, December 17th. Twelve research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $77.09.

Insider Transactions at PayPal

In other PayPal news, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the sale, the executive vice president owned 35,699 shares in the company, valued at $2,366,486.71. The trade was a 20.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $59.84, for a total transaction of $249,054.08. Following the sale, the insider directly owned 30,983 shares in the company, valued at $1,854,022.72. This trade represents a 11.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 36,156 shares of company stock valued at $2,432,524 over the last 90 days. Insiders own 0.08% of the company’s stock.

PayPal Trading Up 2.0%

NASDAQ PYPL opened at $59.29 on Tuesday. The company has a market capitalization of $55.47 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 0.72 and a beta of 1.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.25. The company’s fifty day moving average price is $62.48 and its two-hundred day moving average price is $67.75.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the prior year, the business posted $1.20 EPS. The company’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 and its FY 2025 guidance at 5.350-5.390 EPS. As a group, research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, November 19th. PayPal’s dividend payout ratio (DPR) is currently 11.22%.

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.