Burney Co. Decreases Stake in PayPal Holdings, Inc. $PYPL

Burney Co. lowered its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 8.1% in the second quarter, Holdings Channel reports. The firm owned 24,994 shares of the credit services provider’s stock after selling 2,194 shares during the period. Burney Co.’s holdings in PayPal were worth $1,858,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PYPL. Evermay Wealth Management LLC grew its holdings in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares during the period. Hilltop National Bank purchased a new stake in shares of PayPal during the 2nd quarter worth about $27,000. MUFG Securities EMEA plc grew its holdings in shares of PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares during the period. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the period. Finally, Cornerstone Planning Group LLC lifted its position in PayPal by 41.7% during the 1st quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock worth $42,000 after acquiring an additional 196 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Stock Performance

Shares of PYPL opened at $66.08 on Wednesday. The business’s 50 day moving average is $68.96 and its two-hundred day moving average is $70.30. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The firm has a market cap of $61.83 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 1.01 and a beta of 1.45. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last announced 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 return on equity of 25.64% and a net margin of 14.96%.The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same period in the prior year, the company posted $1.20 EPS. PayPal’s quarterly revenue 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. Analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

Insider Activity

In other news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 26,874 shares of company stock worth $1,856,968. 0.08% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PYPL shares. Royal Bank Of Canada upped their price target on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. Compass Point restated a “sell” rating and issued a $66.00 price target on shares of PayPal in a report on Wednesday, October 29th. Cowen restated a “mixed” rating on shares of PayPal in a report on Wednesday, October 29th. JMP Securities lowered their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 30th. Finally, Sanford C. Bernstein lowered their target price on PayPal from $85.00 to $76.00 in a research note on Tuesday, October 21st. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, PayPal has a consensus rating of “Hold” and an average target price of $83.03.

About PayPal

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.