PayPal Holdings, Inc. $PYPL Shares Acquired by R.M.SINCERBEAUX Capital Management LLC

R.M.SINCERBEAUX Capital Management LLC grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 39.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,700 shares of the credit services provider’s stock after purchasing an additional 13,600 shares during the period. PayPal makes up 1.6% of R.M.SINCERBEAUX Capital Management LLC’s investment portfolio, making the stock its 19th largest position. R.M.SINCERBEAUX Capital Management LLC’s holdings in PayPal were worth $2,785,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of PYPL. OMERS ADMINISTRATION Corp lifted its stake in PayPal by 5.3% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 75,837 shares of the credit services provider’s stock worth $4,427,000 after acquiring an additional 3,845 shares in the last quarter. Truvestments Capital LLC lifted its stake in PayPal by 8.5% during the 4th quarter. Truvestments Capital LLC now owns 26,952 shares of the credit services provider’s stock worth $1,573,000 after acquiring an additional 2,109 shares in the last quarter. Panagora Asset Management Inc. lifted its stake in PayPal by 33.8% during the 4th quarter. Panagora Asset Management Inc. now owns 675,382 shares of the credit services provider’s stock worth $39,429,000 after acquiring an additional 170,485 shares in the last quarter. ParaFi Capital LP acquired a new position in PayPal during the 4th quarter worth about $584,000. Finally, MLP3 LLC acquired a new position in PayPal during the 4th quarter worth about $577,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Key Headlines Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Michael Burry added to his PayPal bet, which has fueled investor interest and encouraged a rebound in the stock as traders view the move as a potential vote of confidence in the company’s turnaround. PYPL Stock Climbs Overnight: Michael Burry Adds To PayPal Bet, Says ‘The Body Has Yet To Show’
• Positive Sentiment: Commentary highlighted PayPal’s low valuation, strong free cash flow generation, and ongoing share repurchases, which support the argument that the stock may be undervalued relative to its earnings power. PayPal Stock (PYPL) Opinions on Michael Burry’s Recent Investment
• Positive Sentiment: New platform and checkout integrations, including Venmo’s use in The Knot Worldwide’s wedding registry and broader PayPal-powered commerce partnerships, suggest PayPal is continuing to expand its ecosystem and merchant reach. The Knot Worldwide Announces Integration with Venmo to Deliver Seamless Gifting Experiences for Couples and Guests
• Neutral Sentiment: Several articles focused on PayPal being “trending” and widely discussed by investors, but these pieces were more commentary than fresh business news, so they are adding attention rather than a clear fundamental catalyst. PayPal Holdings, Inc. (PYPL) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Bearish pieces warned that PayPal still trades at a low earnings multiple because of CEO transition uncertainty, slower growth expectations, and ongoing competitive pressure in digital payments, which keeps some investors cautious. PayPal Trades at Less Than 8X Earnings. Is This a Bargain or a Value Trap?

Insider Activity at PayPal

In related news, insider Frank Keller sold 4,612 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value of $196,194.48. Following the completion of the sale, the insider directly owned 41,567 shares of the company’s stock, valued at $1,768,260.18. This represents a 9.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total value of $144,587.41. Following the completion of the sale, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $1,325,762.57. This trade represents a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 20,612 shares of company stock valued at $966,623 in the last three months. 0.63% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PYPL shares. Citigroup increased their target price on PayPal from $42.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 8th. KGI Securities reissued a “hold” rating and set a $55.00 target price on shares of PayPal in a research note on Monday, March 2nd. Mizuho reissued a “neutral” rating and set a $50.00 target price (down from $60.00) on shares of PayPal in a research note on Thursday, April 16th. Cantor Fitzgerald increased their target price on PayPal from $42.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Finally, Raymond James Financial reissued a “market perform” rating on shares of PayPal in a research note on Monday, February 23rd. Eight research analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus price target of $55.85.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $42.49 on Tuesday. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.50. The company has a market cap of $37.48 billion, a price-to-earnings ratio of 7.97, a price-to-earnings-growth ratio of 1.04 and a beta of 1.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. The stock’s 50-day moving average is $45.80 and its two-hundred day moving average is $49.72.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The business had revenue of $8.35 billion for the quarter, compared to the consensus estimate of $8.05 billion. During the same quarter in the prior year, the business posted $1.33 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts forecast that PayPal Holdings, Inc. will post 5.3 EPS for the current fiscal year.

PayPal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.3%. PayPal’s dividend payout ratio is 10.51%.

PayPal Company Profile

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.