Choreo LLC Raises Stock Holdings in PayPal Holdings, Inc. $PYPL

Choreo LLC lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,241 shares of the credit services provider’s stock after acquiring an additional 1,156 shares during the period. Choreo LLC’s holdings in PayPal were worth $1,653,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PYPL. Hel Ved Capital Management Ltd purchased a new position in PayPal during the 2nd quarter worth $446,000. Russell Investments Group Ltd. grew its holdings in shares of PayPal by 12.6% during the second quarter. Russell Investments Group Ltd. now owns 595,884 shares of the credit services provider’s stock worth $44,227,000 after buying an additional 66,817 shares during the last quarter. Correct Capital Wealth Management increased its position in PayPal by 12.6% in the 2nd quarter. Correct Capital Wealth Management now owns 12,559 shares of the credit services provider’s stock valued at $933,000 after acquiring an additional 1,404 shares during the period. Boston Partners purchased a new stake in PayPal during the 2nd quarter valued at approximately $939,000. Finally, J.W. Cole Advisors Inc. lifted its position in PayPal by 14.4% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 28,436 shares of the credit services provider’s stock worth $2,113,000 after acquiring an additional 3,580 shares during the period. 68.32% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Suzan Kereere sold 12,500 shares of the firm’s 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 transaction, 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 36,156 shares of company stock valued at $2,432,524. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on PYPL shares. Citigroup upgraded PayPal to a “hold” rating in a research note on Thursday, October 23rd. Robert W. Baird set a $83.00 price target on PayPal in a report on Wednesday, October 29th. KGI Securities dropped their price objective on shares of PayPal from $85.00 to $80.00 in a research note on Monday, November 10th. BNP Paribas Exane raised their target price on shares of PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Finally, HSBC lifted their target price on shares of PayPal from $86.00 to $93.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Sixteen investment 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.com, the stock has a consensus rating of “Hold” and an average target price of $82.06.

PayPal Stock Performance

NASDAQ:PYPL opened at $62.67 on Friday. The firm’s fifty day simple moving average is $67.12 and its 200-day simple moving average is $69.86. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The stock has a market cap of $58.64 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 0.83 and a beta of 1.45. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping 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 firm had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. During the same quarter in the previous year, the firm earned $1.20 earnings per share. The firm’s 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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th. PayPal’s dividend payout ratio (DPR) is presently 11.22%.

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.