Grange Capital LLC Trims Stake in PayPal Holdings, Inc. $PYPL

Grange Capital LLC decreased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 48.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,680 shares of the credit services provider’s stock after selling 4,373 shares during the quarter. Grange Capital LLC’s holdings in PayPal were worth $348,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of PYPL. AQR Capital Management LLC boosted its stake in shares of PayPal by 15.8% during the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock valued at $224,001,000 after acquiring an additional 476,763 shares during the last quarter. Thompson Investment Management Inc. raised its stake in PayPal by 2.8% in the 2nd quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock valued at $11,519,000 after purchasing an additional 4,165 shares during the last quarter. Kathmere Capital Management LLC purchased a new position in PayPal in the 2nd quarter valued at about $325,000. Allianz SE boosted its stake in shares of PayPal by 281.8% during the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock worth $1,980,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of PayPal during the first quarter worth about $529,264,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on PYPL shares. Canaccord Genuity Group upped their price objective on shares of PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Truist Financial raised their price objective on PayPal from $65.00 to $66.00 and gave the stock a “sell” rating in a report on Tuesday, November 4th. UBS Group upped their target price on PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Fifteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $83.03.

PayPal Stock Performance

PayPal stock opened at $66.22 on Monday. The company has a market cap of $61.96 billion, a price-to-earnings ratio of 13.27, a price-to-earnings-growth ratio of 0.98 and a beta of 1.45. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The stock’s 50-day moving average is $68.77 and its 200-day moving average is $70.42.

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, topping 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 business had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same quarter in the previous year, the business earned $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. FY 2025 guidance at 5.350-5.390 EPS. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Insider Activity

In related news, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Suzan Kereere sold 12,500 shares of the stock in a transaction 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 approximately $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 26,874 shares of company stock valued at $1,856,968. Company insiders own 0.08% of the company’s stock.

PayPal Company 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.