Susquehanna Fundamental Investments LLC Boosts Stock Holdings in PayPal Holdings, Inc. $PYPL

Susquehanna Fundamental Investments LLC lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 137.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,304,178 shares of the credit services provider’s stock after acquiring an additional 754,449 shares during the quarter. PayPal accounts for about 1.1% of Susquehanna Fundamental Investments LLC’s investment portfolio, making the stock its 17th largest holding. Susquehanna Fundamental Investments LLC’s holdings in PayPal were worth $56,314,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Maia Wealth LLC grew its stake in PayPal by 2.5% in the 3rd quarter. Maia Wealth LLC now owns 6,404 shares of the credit services provider’s stock valued at $424,000 after buying an additional 155 shares in the last quarter. GeoWealth Management LLC lifted its position in shares of PayPal by 6.2% during the third quarter. GeoWealth Management LLC now owns 3,214 shares of the credit services provider’s stock worth $216,000 after acquiring an additional 188 shares in the last quarter. Formidable Asset Management LLC lifted its position in shares of PayPal by 0.8% during the first quarter. Formidable Asset Management LLC now owns 25,937 shares of the credit services provider’s stock worth $1,173,000 after acquiring an additional 205 shares in the last quarter. KPP Advisory Services LLC boosted its holdings in shares of PayPal by 3.3% in the first quarter. KPP Advisory Services LLC now owns 6,625 shares of the credit services provider’s stock worth $300,000 after acquiring an additional 214 shares during the period. Finally, Jackson Thornton Wealth Management LLC grew its position in shares of PayPal by 3.5% in the first quarter. Jackson Thornton Wealth Management LLC now owns 7,110 shares of the credit services provider’s stock valued at $322,000 after purchasing an additional 238 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

PayPal Stock Performance

Shares of PYPL opened at $53.66 on Monday. PayPal Holdings, Inc. has a 12-month low of $38.46 and a 12-month high of $79.21. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.55. The company has a market cap of $45.90 billion, a PE ratio of 10.14, a price-to-earnings-growth ratio of 1.31 and a beta of 1.29. The stock has a 50-day moving average price of $53.88 and a 200-day moving average price of $48.16.

PayPal (NASDAQ:PYPLGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. The company had revenue of $8.68 billion for the quarter, compared to analysts’ expectations of $8.47 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. PayPal’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.40 earnings per share. As a group, equities analysts forecast that PayPal Holdings, Inc. will post 5.38 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. PayPal’s dividend payout ratio is presently 10.59%.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of recent research reports. The Goldman Sachs Group set a $50.00 price objective on PayPal in a report on Tuesday, July 28th. Citigroup lifted their target price on PayPal from $48.00 to $61.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Truist Financial upped their price target on PayPal from $59.00 to $62.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Wells Fargo & Company increased their price target on shares of PayPal from $48.00 to $56.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Finally, Loop Capital cut their price objective on shares of PayPal from $62.00 to $50.00 and set a “hold” rating for the company in a research report on Friday. Nine analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $56.14.

Read Our Latest Analysis on PYPL

Key Headlines Impacting PayPal

Here are the key news stories impacting PayPal this week:

  • Positive Sentiment: Some market observers argue that PayPal’s board protected potentially greater long-term shareholder value by rejecting the reported $60.50-per-share offer, which valued the company at approximately $53 billion. Options pricing also continues to indicate a bullish bias among some traders. PayPal Drops 12% Overnight on Dead Stripe Deal
  • Positive Sentiment: PayPal remains an independent turnaround story, with recent initiatives expanding PayPal and Venmo tuition-payment integrations through campus platforms. Investors will now focus more closely on whether management can improve growth and execution without takeover support. PayPal Tuition Payment Push
  • Neutral Sentiment: The failed transaction removes a major change-of-control catalyst and returns attention to PayPal’s standalone fundamentals. The company recently exceeded quarterly earnings and revenue expectations, but revenue growth remained modest and earnings per share declined year over year, leaving execution of its turnaround as the key valuation driver.
  • Negative Sentiment: The reported withdrawal eliminates the takeover premium that had supported PYPL during weeks of deal speculation. Reports cited valuation concerns, regulatory hurdles and a breakdown in negotiations; the abrupt reversal has therefore prompted investors to reassess PayPal at its lower standalone valuation. PayPal Shares Fall After Consortium Abandons Takeover Pursuit
  • Negative Sentiment: Analysts, including Mizuho, are highlighting risks facing PayPal after the deal collapsed. The heavy trading volume and test of the 50-day moving average indicate heightened uncertainty as investors await evidence that the company can generate sufficient growth independently. Why PayPal Stock Is Down and What Mizuho Thinks Comes Next

Insider Activity

In other news, CAO Chris Natali sold 1,337 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total transaction of $77,679.70. Following the sale, the chief accounting officer owned 2,216 shares in the company, valued at approximately $128,749.60. This trade represents a 37.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 732 shares of PayPal stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total transaction of $42,529.20. Following the sale, the insider directly owned 41,567 shares of the company’s stock, valued at $2,415,042.70. This represents a 1.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 14,774 shares of company stock worth $738,249. 0.63% of the stock is currently owned by corporate insiders.

PayPal Profile

(Free Report)

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.

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Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPLFree Report).

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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