Banque Pictet & Cie SA lifted its holdings in eBay Inc (NASDAQ:EBAY) by 15.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 723,745 shares of the e-commerce company’s stock after purchasing an additional 96,087 shares during the period. Banque Pictet & Cie SA owned about 0.08% of eBay worth $20,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp increased its stake in eBay by 30,706.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 12,508,428 shares of the e-commerce company’s stock worth $413,028,000 after buying an additional 12,467,825 shares in the last quarter. Nordea Investment Management AB increased its stake in eBay by 74.8% during the 3rd quarter. Nordea Investment Management AB now owns 17,883,506 shares of the e-commerce company’s stock worth $590,516,000 after buying an additional 7,651,060 shares in the last quarter. Independent Franchise Partners LLP increased its stake in eBay by 14.6% during the 3rd quarter. Independent Franchise Partners LLP now owns 21,666,149 shares of the e-commerce company’s stock worth $715,416,000 after buying an additional 2,755,032 shares in the last quarter. DNB Asset Management AS increased its stake in eBay by 760.6% during the 4th quarter. DNB Asset Management AS now owns 2,196,053 shares of the e-commerce company’s stock worth $61,643,000 after buying an additional 1,940,887 shares in the last quarter. Finally, Lindsell Train Ltd increased its stake in eBay by 27.4% during the 3rd quarter. Lindsell Train Ltd now owns 7,844,900 shares of the e-commerce company’s stock worth $259,039,000 after buying an additional 1,687,500 shares in the last quarter. Hedge funds and other institutional investors own 83.63% of the company’s stock.

In related news, SVP Jae Hyun Lee sold 33,652 shares of the company’s stock in a transaction that occurred on Friday, November 30th. The stock was sold at an average price of $29.23, for a total value of $983,647.96. Following the transaction, the senior vice president now directly owns 121,459 shares in the company, valued at $3,550,246.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Brian J. Doerger sold 3,526 shares of the company’s stock in a transaction that occurred on Tuesday, November 20th. The shares were sold at an average price of $28.21, for a total value of $99,468.46. Following the completion of the transaction, the vice president now owns 37,664 shares in the company, valued at $1,062,501.44. The disclosure for this sale can be found here. Insiders sold 91,461 shares of company stock worth $2,643,165 over the last quarter. 6.22% of the stock is currently owned by insiders.

Several research firms have commented on EBAY. TheStreet lowered eBay from a “b-” rating to a “c+” rating in a research note on Wednesday, October 24th. Piper Jaffray Companies cut their price objective on eBay from $40.00 to $32.00 and set a “neutral” rating for the company in a research note on Wednesday, October 31st. Royal Bank of Canada cut their price objective on eBay from $34.00 to $31.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 31st. Raymond James reiterated an “outperform” rating and set a $39.00 price objective (up from $35.00) on shares of eBay in a research note on Wednesday. Finally, Bank of America reiterated a “neutral” rating and set a $38.00 price objective (up from $34.00) on shares of eBay in a research note on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, nineteen have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $39.13.

EBAY stock opened at $34.31 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $32.81 billion, a PE ratio of 14.79, a P/E/G ratio of 1.90 and a beta of 1.23. eBay Inc has a 1 year low of $26.01 and a 1 year high of $46.24.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Tuesday, January 29th. The e-commerce company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.86 billion. eBay had a return on equity of 26.51% and a net margin of 23.54%. Equities research analysts predict that eBay Inc will post 2.05 EPS for the current fiscal year.

The firm also recently disclosed a Not Available dividend, which will be paid on Wednesday, March 20th. Investors of record on Friday, March 1st will be issued a $0.14 dividend. The ex-dividend date of this dividend is Thursday, February 28th.

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eBay Profile

eBay Inc operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and online ticket platform that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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