Corient Private Wealth LLC Trims Stock Holdings in PayPal Holdings, Inc. $PYPL

Corient Private Wealth LLC lessened its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 394,098 shares of the credit services provider’s stock after selling 62,355 shares during the quarter. Corient Private Wealth LLC’s holdings in PayPal were worth $29,289,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Hilltop National Bank purchased a new stake in shares of PayPal during the second quarter worth about $27,000. MUFG Securities EMEA plc boosted its position in PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 87,524 shares during the last quarter. Gordian Capital Singapore Pte Ltd grew its stake in PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares during the period. VSM Wealth Advisory LLC acquired a new position in PayPal in the 2nd quarter valued at $36,000. Finally, Total Investment Management Inc. acquired a new position in PayPal in the 2nd quarter valued at $38,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Insider Activity

In related news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction that occurred 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 sale, the insider owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PYPL. Robert W. Baird reaffirmed a “neutral” rating and issued a $66.00 price objective (down previously from $83.00) on shares of PayPal in a research report on Friday. Bank of America reaffirmed a “neutral” rating and set a $68.00 price objective (down previously from $93.00) on shares of PayPal in a research note on Thursday, December 11th. Mizuho set a $84.00 target price on shares of PayPal in a research report on Thursday, October 30th. Rothschild & Co Redburn boosted their target price on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Finally, Jefferies Financial Group cut their price target on shares of PayPal from $75.00 to $60.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Twelve equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, PayPal has an average rating of “Hold” and an average target price of $78.97.

PayPal Stock Performance

NASDAQ:PYPL opened at $61.33 on Wednesday. The firm’s fifty day simple moving average is $65.42 and its 200 day simple moving average is $69.00. The firm has a market capitalization of $57.38 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 0.82 and a beta of 1.43. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.25. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. As a group, equities research 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 declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s payout ratio is 11.22%.

PayPal Company 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.