eBay Inc. (NASDAQ:EBAY) Shares Acquired by Toroso Investments LLC
Toroso Investments LLC lifted its holdings in shares of eBay Inc. (NASDAQ:EBAY – Get Ranking) by 8.4% through the third quarter, based on its most up-to-date disclosure with the SEC. The institutional investor owned 35,711 shares of the e-commerce firm’s inventory after buying an extra 2,777 shares through the quarter. Toroso Investments LLC’s holdings in eBay have been price $1,315,000 as of its most up-to-date submitting with the SEC.
A number of different hedge funds have additionally made adjustments to their positions in EBAY. Vanguard Group Inc. lifted its place in shares of eBay by 15.4% through the third quarter. Vanguard Group Inc. now owns 61,437,188 shares of the e-commerce firm’s inventory price $2,261,502,000 after buying an extra 8,199,123 shares within the final quarter. Lazard Asset Administration LLC lifted its place in shares of eBay by 2,918,646.9% through the third quarter. Lazard Asset Administration LLC now owns 2,860,372 shares of the e-commerce firm’s inventory price $105,290,000 after buying an extra 2,860,274 shares within the final quarter. Franklin Assets Inc. lifted its place in shares of eBay by 33.4% through the second quarter. Franklin Assets Inc. now owns 6,350,663 shares of the e-commerce firm’s inventory price $264,634,000 after buying an extra 1,590,642 shares within the final quarter. BlackRock Inc. lifted its place in shares of eBay by 2.6% through the third quarter. BlackRock Inc. now owns 45,380,637 shares of the e-commerce firm’s inventory price $1,670,462,000 after buying an extra 1,158,503 shares within the final quarter. Lastly, Renaissance Applied sciences LLC lifted its place in shares of eBay by 142.5% through the second quarter. Renaissance Applied sciences LLC now owns 1,933,140 shares of the e-commerce firm’s inventory price $80,554,000 after buying an extra 1,135,850 shares within the final quarter. Institutional traders and hedge funds personal 85.51% of the corporate’s inventory.
eBay Inventory Efficiency
Shares of EBAY opened at $42.06 on Friday. The corporate has a present ratio of two.18, a fast ratio of two.18 and a debt-to-equity ratio of 1.50. The agency has a market cap of $22.58 billion, a PE ratio of -19.75, a price-to-earnings-growth ratio of 1.34 and a beta of 1.37. The corporate’s 50 day easy transferring common is $46.60 and its 200-day easy transferring common is $43.32. eBay Inc. has a 12-month low of $35.92 and a 12-month excessive of $60.38.
eBay (NASDAQ:EBAY – Get Ranking) final introduced its earnings outcomes on Wednesday, February twenty second. The e-commerce firm reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.01. The enterprise had income of $2.51 billion for the quarter, in comparison with analyst estimates of $2.46 billion. eBay had a destructive internet margin of 12.96% and a optimistic return on fairness of 34.14%. The corporate’s income for the quarter was down 3.9% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the agency posted $0.89 earnings per share. As a bunch, equities analysts predict that eBay Inc. will submit 3.36 EPS for the present yr.
eBay Will increase Dividend
The enterprise additionally just lately declared a quarterly dividend, which will likely be paid on Friday, March twenty fourth. Buyers of report on Friday, March tenth will likely be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, March ninth. This is a rise from eBay’s earlier quarterly dividend of $0.22. This represents a $1.00 annualized dividend and a dividend yield of two.38%. eBay’s dividend payout ratio (DPR) is presently -46.95%.
Analyst Scores Modifications
Quite a lot of analysts just lately weighed in on the inventory. Citigroup assumed protection on shares of eBay in a analysis observe on Tuesday, December thirteenth. They set a “impartial” ranking and a $47.00 goal worth on the inventory. Deutsche Financial institution Aktiengesellschaft lower their goal worth on shares of eBay from $55.00 to $50.00 in a analysis observe on Thursday, February twenty third. Piper Sandler upped their goal worth on shares of eBay from $52.00 to $53.00 and gave the inventory an “obese” ranking in a analysis observe on Thursday, February twenty third. Morgan Stanley upped their goal worth on shares of eBay from $32.00 to $33.00 and gave the inventory an “underweight” ranking in a analysis observe on Tuesday, February twenty eighth. Lastly, Benchmark lower their goal worth on shares of eBay from $62.00 to $58.00 and set a “purchase” ranking on the inventory in a analysis observe on Thursday, February twenty third. Two funding analysts have rated the inventory with a promote ranking, fifteen have issued a maintain ranking and 6 have assigned a purchase ranking to the inventory. In keeping with MarketBeat.com, the inventory presently has a consensus ranking of “Maintain” and a consensus goal worth of $49.92.
eBay, Inc is a commerce firm, whose platforms embrace a web-based market and its localized counterparts, together with off-platform companies in South Korea, Japan, and Turkey, in addition to eBay’s suite of cell apps. Its applied sciences and companies are designed to provide consumers alternative and a breadth of related stock and to allow sellers worldwide to prepare and supply their stock on the market, just about anytime and wherever.
This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to [email protected]
Earlier than you take into account eBay, you may need to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they advocate to their shoppers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and eBay wasn’t on the record.
Whereas eBay presently has a “Maintain” ranking amongst analysts, top-rated analysts consider these 5 shares are higher buys.