Midwest Trust Co Makes New $33.60 Million Investment in PayPal Holdings, Inc. $PYPL

Midwest Trust Co bought a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 452,072 shares of the credit services provider’s stock, valued at approximately $33,598,000.

Several other hedge funds have also modified their holdings of the stock. DJE Kapital AG raised its position in PayPal by 29.1% in the 2nd quarter. DJE Kapital AG now owns 109,401 shares of the credit services provider’s stock worth $8,115,000 after purchasing an additional 24,649 shares during the last quarter. Acadian Asset Management LLC boosted its position in PayPal by 317.8% in the 2nd quarter. Acadian Asset Management LLC now owns 365,000 shares of the credit services provider’s stock valued at $27,123,000 after buying an additional 277,642 shares during the last quarter. Global Wealth Management Investment Advisory Inc. increased its stake in shares of PayPal by 2.9% in the 2nd quarter. Global Wealth Management Investment Advisory Inc. now owns 30,857 shares of the credit services provider’s stock valued at $2,293,000 after buying an additional 875 shares during the period. CSM Advisors LLC raised its position in shares of PayPal by 4.9% during the second quarter. CSM Advisors LLC now owns 252,861 shares of the credit services provider’s stock worth $18,788,000 after acquiring an additional 11,880 shares during the last quarter. Finally, Sound View Wealth Advisors Group LLC bought a new stake in shares of PayPal during the second quarter worth $220,000. 68.32% of the stock is owned by institutional investors.

PayPal Stock Down 0.1%

Shares of NASDAQ:PYPL opened at $66.22 on Friday. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $61.96 billion, a PE ratio of 13.27, a PEG ratio of 0.98 and a beta of 1.45. The company has a 50 day moving average price of $68.77 and a two-hundred day moving average price of $70.36.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share 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 company had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. During the same period last year, the firm posted $1.20 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. 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 earnings per share for the current year.

PayPal Dividend Announcement

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

Insiders Place Their Bets

In related news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their position. 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 that occurred on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the sale, the insider owned 30,983 shares in the company, 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. Insiders sold 26,874 shares of company stock worth $1,856,968 over the last ninety days. 0.08% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently commented on PYPL shares. Barclays reiterated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Cowen reiterated a “mixed” rating on shares of PayPal in a research report on Wednesday, October 29th. The Goldman Sachs Group boosted their price target on shares of PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research note on Wednesday, October 29th. Piper Sandler set a $74.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Finally, UBS Group upped their target price 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. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, PayPal currently has a consensus rating of “Hold” and a consensus price target 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.