Quantitative Investment Management LLC Has $7.21 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

Quantitative Investment Management LLC grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 15.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 166,966 shares of the credit services provider’s stock after buying an additional 22,206 shares during the period. PayPal makes up 0.8% of Quantitative Investment Management LLC’s holdings, making the stock its 27th biggest position. Quantitative Investment Management LLC’s holdings in PayPal were worth $7,209,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rule One Partners LLC bought a new position in PayPal in the fourth quarter valued at approximately $2,043,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of PayPal during the 2nd quarter worth $97,372,000. S&CO Inc. bought a new stake in shares of PayPal during the 2nd quarter worth $18,827,000. Swiss National Bank boosted its stake in PayPal by 4.9% in the first quarter. Swiss National Bank now owns 2,608,600 shares of the credit services provider’s stock valued at $117,987,000 after buying an additional 121,400 shares in the last quarter. Finally, Easterly Investment Partners LLC boosted its stake in PayPal by 705.2% in the fourth quarter. Easterly Investment Partners LLC now owns 100,651 shares of the credit services provider’s stock valued at $5,876,000 after buying an additional 88,151 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Stock Performance

PayPal stock opened at $53.66 on Monday. The business has a 50 day moving average of $53.88 and a 200-day moving average of $48.16. PayPal Holdings, Inc. has a 1 year low of $38.46 and a 1 year high of $79.21. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market capitalization of $45.90 billion, a P/E ratio of 10.14, a P/E/G ratio of 1.31 and a beta of 1.29.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The business had revenue of $8.68 billion during the quarter, compared to analyst estimates of $8.47 billion. During the same quarter last year, the business earned $1.40 EPS. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. On average, equities research analysts predict that PayPal Holdings, Inc. will post 5.38 earnings per share for the current year.

PayPal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, September 4th. PayPal’s dividend payout ratio is presently 10.59%.

Insider Buying and Selling

In other news, insider Frank Keller sold 4,612 shares of the 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 owned 41,567 shares of the company’s stock, valued at approximately $1,768,260.18. This represents a 9.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $60.96, for a total value of $253,715.52. Following the transaction, the insider owned 30,983 shares of the company’s stock, valued at $1,888,723.68. This trade represents a 11.84% 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 14,774 shares of company stock valued at $738,249 in the last three months. Insiders own 0.63% of the company’s stock.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Some market observers argue that PayPal’s board protected potentially greater long-term shareholder value by rejecting the reported $60.50-per-share offer, which valued the company at approximately $53 billion. Options pricing also continues to indicate a bullish bias among some traders. PayPal Drops 12% Overnight on Dead Stripe Deal
• Positive Sentiment: PayPal remains an independent turnaround story, with recent initiatives expanding PayPal and Venmo tuition-payment integrations through campus platforms. Investors will now focus more closely on whether management can improve growth and execution without takeover support. PayPal Tuition Payment Push
• Neutral Sentiment: The failed transaction removes a major change-of-control catalyst and returns attention to PayPal’s standalone fundamentals. The company recently exceeded quarterly earnings and revenue expectations, but revenue growth remained modest and earnings per share declined year over year, leaving execution of its turnaround as the key valuation driver.
• Negative Sentiment: The reported withdrawal eliminates the takeover premium that had supported PYPL during weeks of deal speculation. Reports cited valuation concerns, regulatory hurdles and a breakdown in negotiations; the abrupt reversal has therefore prompted investors to reassess PayPal at its lower standalone valuation. PayPal Shares Fall After Consortium Abandons Takeover Pursuit
• Negative Sentiment: Analysts, including Mizuho, are highlighting risks facing PayPal after the deal collapsed. The heavy trading volume and test of the 50-day moving average indicate heightened uncertainty as investors await evidence that the company can generate sufficient growth independently. Why PayPal Stock Is Down and What Mizuho Thinks Comes Next

Analysts Set New Price Targets

Several research analysts have commented on PYPL shares. Jefferies Financial Group raised PayPal from a “hold” rating to a “buy” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada lifted their price target on shares of PayPal from $59.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Canaccord Genuity Group reiterated a “hold” rating and set a $55.00 price objective on shares of PayPal in a research report on Wednesday, July 29th. Truist Financial increased their price objective on shares of PayPal from $59.00 to $62.00 and gave the company a “hold” rating in a research note on Wednesday, August 19th. Finally, Daiwa Securities Group upgraded shares of PayPal from a “hold” rating to an “outperform” rating in a research report on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $56.14.

PayPal 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.