Nisa Investment Advisors LLC grew its position in eBay Inc. (NASDAQ:EBAY) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 395,886 shares of the e-commerce company’s stock after buying an additional 2,600 shares during the quarter. Nisa Investment Advisors LLC’s holdings in eBay were worth $14,941,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of the business. First Citizens Bank & Trust Co. lifted its holdings in shares of eBay by 10.4% in the 4th quarter. First Citizens Bank & Trust Co. now owns 86,420 shares of the e-commerce company’s stock worth $3,262,000 after buying an additional 8,116 shares during the period. DnB Asset Management AS lifted its holdings in shares of eBay by 0.8% in the 4th quarter. DnB Asset Management AS now owns 232,545 shares of the e-commerce company’s stock worth $8,776,000 after buying an additional 1,900 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in shares of eBay in the 3rd quarter worth $139,000. Public Employees Retirement System of Ohio lifted its stake in shares of eBay by 2.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 709,085 shares of the e-commerce company’s stock worth $27,271,000 after purchasing an additional 13,906 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its stake in shares of eBay by 26.8% during the 3rd quarter. GSA Capital Partners LLP now owns 16,372 shares of the e-commerce company’s stock worth $630,000 after purchasing an additional 3,456 shares during the last quarter. Institutional investors and hedge funds own 85.93% of the company’s stock.
A number of equities research analysts recently weighed in on the company. Guggenheim assumed coverage on eBay in a research note on Friday, October 20th. They set a “neutral” rating for the company. Aegis restated a “buy” rating and set a $45.00 price objective on shares of eBay in a research note on Friday, December 22nd. Benchmark restated a “buy” rating and set a $45.00 price objective on shares of eBay in a research note on Thursday, October 19th. Morgan Stanley set a $34.00 price objective on eBay and gave the stock a “sell” rating in a research note on Thursday, October 19th. Finally, Canaccord Genuity upped their price objective on eBay from $34.00 to $35.00 and gave the stock a “hold” rating in a research note on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, twenty have given a hold rating and nineteen have assigned a buy rating to the company’s stock. eBay presently has an average rating of “Hold” and a consensus target price of $38.88.
Shares of eBay Inc. (NASDAQ:EBAY) opened at $38.02 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46. eBay Inc. has a 1-year low of $29.69 and a 1-year high of $40.13. The company has a market capitalization of $39,710.00, a P/E ratio of 5.62, a price-to-earnings-growth ratio of 2.62 and a beta of 1.34.
eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 18th. The e-commerce company reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. eBay had a return on equity of 15.69% and a net margin of 80.45%. The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period last year, the company earned $0.45 earnings per share. eBay’s quarterly revenue was up 8.7% compared to the same quarter last year. equities research analysts anticipate that eBay Inc. will post 1.65 EPS for the current year.
eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.
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