Vest Financial LLC Increases Stake in PayPal Holdings, Inc. $PYPL

Key Points

• Vest Financial LLC has increased its stake in PayPal Holdings, Inc. by 45.1% during the second quarter, now owning 16,644 shares valued at approximately $1.24 million.
• PayPal's latest earnings report showed an EPS of $1.40, exceeding expectations, with revenue of $8.29 billion for the quarter.
• Analysts have mixed opinions on PayPal, with 16 rating the stock as a Buy and several lowering their target prices, resulting in a consensus rating of "Hold" with an average price target of $83.50.

Vest Financial LLC boosted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 45.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,644 shares of the credit services provider's stock after acquiring an additional 5,175 shares during the quarter. Vest Financial LLC's holdings in PayPal were worth $1,237,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in PayPal by 0.3% during the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after acquiring an additional 276,339 shares in the last quarter. Deutsche Bank AG raised its position in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Invesco Ltd. increased its position in shares of PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after buying an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after buying an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of PayPal in the first quarter valued at approximately $529,264,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Stock Up 0.4%

Shares of PYPL opened at $69.15 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The stock has a market capitalization of $66.06 billion, a price-to-earnings ratio of 14.78, a PEG ratio of 1.06 and a beta of 1.44. The stock has a 50 day moving average price of $68.97 and a 200 day moving average price of $69.44.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. During the same period in the previous year, the business earned $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. Insiders own 0.08% of the company's stock.

Analysts Set New Price Targets

PYPL has been the subject of a number of recent analyst reports. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen cut PayPal from a "buy" rating to a "hold" rating in a research report on Saturday, October 4th. Canaccord Genuity Group restated a "buy" rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Royal Bank Of Canada restated an "outperform" rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Finally, Rothschild & Co Redburn boosted their price objective on PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 16th. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $83.50.

PayPal 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.

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