Nisa Investment Advisors LLC bought 8,746 shares of eBay Inc. (NASDAQ:EBAY)

Nisa Investment Advisors LLC grew its holdings in eBay Inc. (NASDAQ:EBAY – Get Rating ) by 2.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 319,483 shares of the e-commerce company’s stock after buying an additional 8,746 shares during the quarter. Nisa Investment Advisors LLC owned 0.06% of eBay worth $11,773,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Nordea Investment Management AB boosted its holdings in shares of eBay by 0.7% in the second quarter. Nordea Investment Management AB now owns 13,523,599 shares of the e-commerce company’s stock valued at $556,632,000 after buying an additional 87,950 shares in the last quarter. Deutsche Bank AG boosted its stake in eBay by 9.4% in the second quarter. Deutsche Bank AG now owns 6,926,561 shares of the e-commerce company’s stock valued at $288,629,000 after buying an additional 597,447 shares during the period. Maj Invest Holding AS boosted its stake in eBay by 0.4% in the third quarter. Maj Invest Holding AS now owns 6,926,387 shares of the e-commerce company’s stock valued at $396,604,000 after buying an additional 27,314 shares during the period. Mirova US LLC boosted its stake in eBay by 6.6% during the second quarter. Mirova US LLC now owns 6,417,384 shares of the e-commerce company’s stock valued at $267,417,000 after buying an additional 394,840 shares during the period. Finally, Franklin Resources Inc. increased its stake in eBay by 33.4% in the second quarter. Franklin Resources Inc. now owns 6,350,663 shares of the e-commerce company’s stock valued at $264,634,000 after purchasing an additional 1,590,642 shares during the period. 85.51% of the shares are owned by hedge funds and other institutional investors.

eBay Stock Performance

Shares of NASDAQ EBAY opened at $49.00 on Monday. The company’s 50-day simple moving average is $44.09, and its 200-day simple moving average is $43.37. eBay Inc. has a 52-week low of $35.92 and a 52-week high of $60.65. The company has a current ratio of 1.33, a quick ratio of 1.33, and a debt-to-equity ratio of 1.36.

eBay (NASDAQ:EBAY – Get Rating ) last posted its quarterly earnings results on Wednesday, November 2nd. The e-commerce company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.09. The firm had revenue of $2.38 billion for the quarter, compared to analysts’ estimates of $2.31 billion. eBay had a net margin of 0.28% and a return on equity of 29.43%. Sell-side analysts predict that eBay Inc. will post 3.35 EPS for the current year.

eBay announces dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 16th. Shareholders of record on Thursday, December 1st were given a dividend of $0.22 per share. This represents an annualized dividend of $0.88 and a yield of 1.80%. The ex-dividend date of this dividend was Wednesday, November 30th. eBay’s dividend payout ratio (DPR) is currently -800.00%.

Insiders place their bets

In other news, CAO Brian J. Doerger sold 4,311 shares of the business’s stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of $41.89, for a total value of $180,587.79. Following the sale, the chief accounting officer now directly owns 9,542 shares of the company’s stock, valued at approximately $399,714.38. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which is available via this hyperlink. 0.17% of shares are owned by insiders.

Changes in analyst ratings

Several research firms recently weighed in on EBAY. Bank of America cut their target price on eBay from $54.00 to $44.00 and set a “neutral” rating for the company in a research report on Monday, October 3rd. began coverage on eBay in a research report on Wednesday, October 12th. They assign a “hold” rating to the company. Credit Suisse Group decreased their target price on eBay from $56.00 to $55.00 and set an “outperform” rating for the company in a research report on Thursday, November 3rd. Citigroup assumed coverage on eBay in a research report on Tuesday, December 13th. They set a “neutral” rating and a $47.00 target price for the company. Finally, Cowen cut their target price on eBay from $52.00 to $45.00 in a report on Wednesday, October 26th. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eight have given a buy rating to the company’s stock. eBay presently has a consensus rating of “Hold” and a consensus price target of $50.89, according to

eBay Business Profile

(Get Rating)

eBay, Inc operates as a trading company. The company’s platforms include an online marketplace and its localized partners, including off-platform businesses in South Korea, Japan and Turkey, as well as eBay’s suite of mobile apps. The company’s technology and services are designed to provide buyers with choice and a wide range of relevant inventory and enable sellers worldwide to organize and offer their inventory for sale, virtually anytime, anywhere.

More information

Want to see what other hedge funds hold EBAY? Visit to get the latest 13F filings and insider deals for eBay Inc. (NASDAQ:EBAY – Get Rating).

Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

This instant news alert is generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider eBay, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients daily. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes a nosedive … and eBay wasn’t on the list.

Although eBay currently has a “Hold” rating among analysts, the top-rated analysts think these five stocks are better buys.

Check out the five stocks here


Leave a Comment

Your email address will not be published. Required fields are marked *