1,080,037 Shares in PayPal Holdings, Inc. $PYPL Acquired by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,080,037 shares of the credit services provider’s stock, valued at approximately $46,636,000.

A number of other hedge funds also recently made changes to their positions in PYPL. Bard Associates Inc. purchased a new position in shares of PayPal in the 4th quarter worth $25,000. Allied Private Wealth LLC acquired a new position in PayPal in the second quarter valued at $25,000. Robinswood Financial LLC purchased a new stake in PayPal during the first quarter valued at about $26,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of PayPal by 15,233.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 457 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of PayPal in the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal’s expansion into tuition payments could support future growth. Integrations with Nelnet Campus Commerce, Illumia and TouchNet allow students and families to use PayPal and Venmo for tuition-related payments, broadening Venmo’s commercial use. PayPal Holdings Tuition Payment Push
• Positive Sentiment: The company’s latest quarterly results exceeded expectations, with earnings per share of $1.38 versus consensus of $1.28 and revenue of approximately $8.68 billion versus estimates of $8.47 billion. Total payment volume reportedly increased 10% year over year, while analysts have raised some price targets and investors continue to view the new CEO transition as a possible turnaround opportunity. Why Is PayPal Up Since Earnings
• Neutral Sentiment: Recent momentum had been strong, with PayPal gaining about 10% over the past month and 39% over three months, although its one-year total return remained negative. The stock’s valuation—roughly 12 times earnings—may attract value investors, but reported analyst targets vary widely and several remain below the current trading level. PayPal Opinions on Earnings and Acquisition Speculation
• Negative Sentiment: The reported collapse of the Advent-Stripe discussions eliminates hopes for a deal premium. The consortium had previously been linked to an offer of at least $60.50 per share, with negotiations reportedly focused on a higher bid. Without that proposal, investors may refocus on PayPal’s slower revenue growth and execution risks. Advent Stripe Consortium Drops PayPal Pursuit

PayPal Price Performance

Shares of NASDAQ PYPL opened at $61.47 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.29 and a quick ratio of 1.29. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.21. The company has a market capitalization of $52.59 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 1.51 and a beta of 1.30. The business has a 50-day moving average of $53.66 and a 200-day moving average of $48.07.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. The business had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.47 billion. PayPal had a return on equity of 24.39% and a net margin of 14.36%.The company’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the business posted $1.40 EPS. On average, equities analysts anticipate that PayPal Holdings, Inc. will post 5.38 EPS for the current fiscal year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. PayPal’s dividend payout ratio (DPR) is currently 10.59%.

Analyst Upgrades and Downgrades

PYPL has been the subject of a number of research reports. Piper Sandler boosted their target price on PayPal from $42.00 to $59.00 and gave the stock a “neutral” rating in a report on Monday, August 17th. UBS Group set a $45.00 price target on shares of PayPal in a report on Wednesday, July 29th. BTIG Research reaffirmed a “neutral” rating on shares of PayPal in a research report on Wednesday, July 15th. Barclays boosted their price objective on shares of PayPal from $55.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley set a $45.00 price objective on shares of PayPal in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $56.28.

Insider Activity

In other news, CAO Chris Natali sold 1,337 shares of the business’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 transaction, the chief accounting officer directly owned 2,216 shares of the company’s stock, valued at approximately $128,749.60. The trade was a 37.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $60.96, for a total transaction of $253,715.52. Following the completion of the transaction, the insider owned 30,983 shares of the company’s stock, valued at $1,888,723.68. This trade represents a 11.84% 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. Insiders have sold 14,774 shares of company stock worth $738,249 over the last 90 days. Company insiders own 0.63% of the company’s stock.

About PayPal

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.