Rathbones Group PLC Trims Stake in PayPal Holdings, Inc. $PYPL

Rathbones Group PLC lessened its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 32.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 185,075 shares of the credit services provider’s stock after selling 90,473 shares during the period. Rathbones Group PLC’s holdings in PayPal were worth $13,755,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. raised its holdings in PayPal by 21.4% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 632,559 shares of the credit services provider’s stock valued at $47,012,000 after buying an additional 111,476 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of PayPal by 5.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,935,403 shares of the credit services provider’s stock valued at $143,839,000 after acquiring an additional 93,383 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in shares of PayPal by 9.4% in the 2nd quarter. Los Angeles Capital Management LLC now owns 62,210 shares of the credit services provider’s stock valued at $4,623,000 after acquiring an additional 5,332 shares during the period. Prospera Financial Services Inc raised its stake in shares of PayPal by 1.2% in the 2nd quarter. Prospera Financial Services Inc now owns 25,684 shares of the credit services provider’s stock valued at $1,909,000 after acquiring an additional 296 shares during the period. Finally, RWA Wealth Partners LLC lifted its holdings in shares of PayPal by 11.0% in the 2nd quarter. RWA Wealth Partners LLC now owns 24,859 shares of the credit services provider’s stock worth $1,847,000 after acquiring an additional 2,454 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on PYPL shares. Rothschild & Co Redburn lifted their target price on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Canaccord Genuity Group raised their price target on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. KeyCorp reaffirmed a “hold” rating on shares of PayPal in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a report on Wednesday, October 8th. Finally, Wall Street Zen raised PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $83.03.

PayPal Stock Down 0.1%

PayPal stock opened at $66.22 on Monday. The firm has a market capitalization of $61.96 billion, a P/E ratio of 13.27, a P/E/G ratio of 0.98 and a beta of 1.45. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock’s fifty day simple moving average is $68.77 and its 200-day simple moving average is $70.42.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same period in the previous year, the firm posted $1.20 EPS. PayPal’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. As a group, equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The business 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 dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%.

Insider Buying and Selling

In other PayPal news, CAO Chris Natali sold 1,374 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were 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 SEC, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 26,874 shares of company stock worth $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.