Citizens Financial Group Inc. RI Has $1.76 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

Citizens Financial Group Inc. RI grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 26.4% in the 2nd quarter, Holdings Channel reports. The firm owned 23,698 shares of the credit services provider’s stock after acquiring an additional 4,947 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in PayPal were worth $1,761,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC boosted its stake in 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 buying an additional 476,763 shares during the period. Thompson Investment Management Inc. increased 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 worth $11,519,000 after acquiring an additional 4,165 shares during the last quarter. Kathmere Capital Management LLC bought a new position in PayPal in the 2nd quarter worth about $325,000. Allianz SE raised its holdings in shares of PayPal by 281.8% in the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after acquiring an additional 22,392 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of PayPal in the 1st quarter valued at about $529,264,000. 68.32% of the stock is owned by institutional investors.

PayPal Trading Down 1.5%

Shares of PYPL opened at $61.89 on Tuesday. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a market cap of $57.91 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 0.93 and a beta of 1.45. The firm has a 50 day moving average price of $68.30 and a 200-day moving average price of $70.41. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.20 EPS. 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 research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current 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 issued a $0.14 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%.

Insider Buying and Selling

In other news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Aaron Webster sold 9,282 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $66.29, for a total value of $615,303.78. Following the sale, the executive vice president owned 35,699 shares of the company’s stock, valued at $2,366,486.71. This represents a 20.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 31,994 shares of company stock worth $2,183,470 in the last ninety days. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

PYPL has been the subject of several recent analyst reports. Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Wall Street Zen raised shares of PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. KeyCorp reissued a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. UBS Group raised their price objective on shares of PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Finally, Macquarie upped their target price on shares of PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Fifteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, PayPal presently has an average rating of “Hold” and a consensus target price of $82.56.

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.