Aviance Capital Partners LLC Invests $1.13 Million in PayPal Holdings, Inc. $PYPL

Aviance Capital Partners LLC acquired a new position in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 16,772 shares of the credit services provider’s stock, valued at approximately $1,125,000.

Other large investors have also recently bought and sold shares of the company. Maryland State Retirement & Pension System grew its stake in shares of PayPal by 1.8% in the 3rd quarter. Maryland State Retirement & Pension System now owns 47,731 shares of the credit services provider’s stock worth $3,201,000 after acquiring an additional 844 shares in the last quarter. Howland Capital Management LLC lifted its holdings in PayPal by 17.0% during the third quarter. Howland Capital Management LLC now owns 3,510 shares of the credit services provider’s stock valued at $235,000 after purchasing an additional 510 shares during the last quarter. Evergreen Capital Management LLC boosted its position in PayPal by 5.3% during the third quarter. Evergreen Capital Management LLC now owns 187,258 shares of the credit services provider’s stock worth $12,558,000 after purchasing an additional 9,367 shares during the period. Klein Pavlis & Peasley Financial Inc. increased its stake in shares of PayPal by 9.4% in the third quarter. Klein Pavlis & Peasley Financial Inc. now owns 14,525 shares of the credit services provider’s stock worth $974,000 after purchasing an additional 1,247 shares in the last quarter. Finally, WoodTrust Financial Corp raised its position in shares of PayPal by 2.1% in the third quarter. WoodTrust Financial Corp now owns 162,546 shares of the credit services provider’s stock valued at $10,900,000 after purchasing an additional 3,396 shares during the period. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PYPL. Raymond James Financial reissued a “hold” rating on shares of PayPal in a report on Thursday. Compass Point cut their target price on shares of PayPal from $56.00 to $55.00 and set a “sell” rating for the company in a research report on Tuesday, January 13th. Evercore ISI lowered their price target on shares of PayPal from $75.00 to $65.00 and set an “in-line” rating for the company in a research note on Monday, December 8th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a report on Tuesday, October 28th. Finally, The Goldman Sachs Group decreased their price target on PayPal from $72.00 to $65.00 and set a “sell” rating on the stock in a research note on Tuesday, January 6th. Twelve equities research analysts have rated the stock with a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $76.05.

Get Our Latest Report on PYPL

Insider Activity at PayPal

In related news, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total value of $249,054.08. Following the completion of the transaction, the insider owned 30,983 shares of the company’s stock, valued at approximately $1,854,022.72. This represents a 11.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 36,156 shares of company stock valued at $2,432,524 in the last quarter. Corporate insiders own 0.08% of the company’s stock.

PayPal Trading Up 0.3%

PYPL stock opened at $56.89 on Friday. The firm has a fifty day moving average price of $60.57 and a 200 day moving average price of $66.82. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.25. The firm has a market cap of $53.23 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 0.71 and a beta of 1.42.

PayPal (NASDAQ:PYPLGet Free Report) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. Sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, November 19th. PayPal’s payout ratio is presently 11.22%.

More PayPal News

Here are the key news stories impacting PayPal this week:

PayPal Company 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.

Further Reading

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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