Fidelis Capital Partners LLC Has $276,000 Position in eBay Inc. (NASDAQ:EBAY)

Fidelis Capital Partners LLC increased its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 9.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,110 shares of the e-commerce company’s stock after acquiring an additional 364 shares during the quarter. Fidelis Capital Partners LLC’s holdings in eBay were worth $276,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. DJE Kapital AG bought a new position in eBay in the 4th quarter worth approximately $26,833,000. SBI Securities Co. Ltd. bought a new stake in shares of eBay in the fourth quarter valued at approximately $134,000. Jones Financial Companies Lllp grew its stake in shares of eBay by 35.1% in the fourth quarter. Jones Financial Companies Lllp now owns 8,121 shares of the e-commerce company’s stock worth $503,000 after acquiring an additional 2,110 shares during the last quarter. Modera Wealth Management LLC increased its position in eBay by 6.3% during the fourth quarter. Modera Wealth Management LLC now owns 9,812 shares of the e-commerce company’s stock worth $608,000 after acquiring an additional 579 shares during the period. Finally, Bailard Inc. raised its stake in eBay by 0.5% during the 4th quarter. Bailard Inc. now owns 34,651 shares of the e-commerce company’s stock valued at $2,147,000 after purchasing an additional 169 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EBAY. Sanford C. Bernstein upgraded shares of eBay from a “market perform” rating to an “outperform” rating and set a $70.00 price objective on the stock in a report on Tuesday, November 5th. Morgan Stanley boosted their price target on eBay from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Barclays set a $72.00 price objective on eBay and gave the stock an “overweight” rating in a research report on Thursday, February 27th. Mizuho boosted their price objective on eBay from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Finally, Cantor Fitzgerald raised their target price on eBay from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $65.54.

Insiders Place Their Bets

In related news, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $67.25, for a total value of $378,281.25. Following the completion of the transaction, the chief executive officer now owns 530,998 shares in the company, valued at $35,709,615.50. The trade was a 1.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Stephen J. Priest sold 1,033 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $64.93, for a total value of $67,072.69. Following the transaction, the chief financial officer now directly owns 65,080 shares in the company, valued at approximately $4,225,644.40. This represents a 1.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,524 shares of company stock valued at $1,390,509 in the last 90 days. 0.38% of the stock is currently owned by insiders.

eBay Trading Up 2.2 %

Shares of EBAY opened at $66.67 on Wednesday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market cap of $31.07 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 2.22 and a beta of 1.45. The stock has a fifty day moving average price of $66.31 and a two-hundred day moving average price of $63.98. eBay Inc. has a 52-week low of $48.52 and a 52-week high of $71.61.

eBay Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.29 per share. This is an increase from eBay’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 annualized dividend and a yield of 1.74%. eBay’s dividend payout ratio is 29.07%.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.