Wellington Management Group LLP Reduces Position in PayPal Holdings, Inc. $PYPL

Wellington Management Group LLP decreased its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 6.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 428,663 shares of the credit services provider's stock after selling 27,316 shares during the period. Wellington Management Group LLP's holdings in PayPal were worth $27,970,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Allianz SE increased its position in PayPal by 281.8% during the first quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock worth $1,980,000 after buying an additional 22,392 shares in the last quarter. J. Goldman & Co LP increased its position in PayPal by 11.9% during the fourth quarter. J. Goldman & Co LP now owns 261,322 shares of the credit services provider's stock worth $22,304,000 after buying an additional 27,812 shares in the last quarter. Nuveen LLC purchased a new stake in shares of PayPal in the first quarter valued at $529,264,000. Proffitt & Goodson Inc. purchased a new stake in shares of PayPal in the first quarter valued at $535,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of PayPal by 17.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,634,664 shares of the credit services provider's stock valued at $651,619,000 after purchasing an additional 1,114,858 shares during the period. Hedge funds and other institutional investors own 68.32% of the company's stock.

PayPal Trading Up 3.5%

Shares of PYPL opened at $69.90 on Monday. The stock's 50-day moving average is $72.07 and its two-hundred day moving average is $70.20. The stock has a market cap of $66.78 billion, a PE ratio of 14.94, a P/E/G ratio of 1.08 and a beta of 1.42. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to analysts' expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter in the previous year, the firm posted $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 analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other PayPal news, EVP Diego Scotti sold 3,839 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $73.24, for a total transaction of $281,168.36. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at $1,244,274.36. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on PYPL. UBS Group lowered their price objective on PayPal from $88.00 to $75.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Macquarie reaffirmed an "outperform" rating and issued a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Finally, Piper Sandler set a $74.00 price objective on PayPal in a research report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $85.00.

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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