Brown Advisory Inc. Has $84.29 Million Stock Position in eBay Inc. (NASDAQ:EBAY)

Brown Advisory Inc. boosted its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,360,671 shares of the e-commerce company's stock after buying an additional 57,653 shares during the quarter. Brown Advisory Inc. owned approximately 0.28% of eBay worth $84,294,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. grew its holdings in shares of eBay by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 28,493,042 shares of the e-commerce company's stock valued at $1,765,148,000 after purchasing an additional 3,149,934 shares during the last quarter. Independent Franchise Partners LLP boosted its position in eBay by 25.6% in the fourth quarter. Independent Franchise Partners LLP now owns 11,178,638 shares of the e-commerce company's stock valued at $692,517,000 after buying an additional 2,277,839 shares in the last quarter. Marshall Wace LLP boosted its position in eBay by 304.2% in the fourth quarter. Marshall Wace LLP now owns 2,105,270 shares of the e-commerce company's stock valued at $130,421,000 after buying an additional 1,584,404 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of eBay during the fourth quarter worth $96,214,000. Finally, Boston Partners increased its holdings in shares of eBay by 35.2% during the fourth quarter. Boston Partners now owns 5,856,276 shares of the e-commerce company's stock worth $362,823,000 after buying an additional 1,524,691 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

eBay Stock Performance

Shares of EBAY stock opened at $68.60 on Monday. The firm has a 50 day moving average of $65.83 and a 200-day moving average of $65.00. The company has a market cap of $31.97 billion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.14. eBay Inc. has a 52 week low of $49.25 and a 52 week high of $71.61.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The e-commerce company reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.04. eBay had a net margin of 19.68% and a return on equity of 30.97%. The business had revenue of $2.59 billion during the quarter, compared to analysts' expectations of $2.55 billion. During the same period last year, the company posted $1.25 earnings per share. The business's quarterly revenue was up 1.1% on a year-over-year basis. On average, equities analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Friday, May 30th. eBay's dividend payout ratio (DPR) is currently 27.62%.

Insiders Place Their Bets

In other eBay news, CFO Stephen J. Priest sold 28,060 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $67.82, for a total transaction of $1,903,029.20. Following the completion of the sale, the chief financial officer now owns 65,080 shares in the company, valued at approximately $4,413,725.60. The trade was a 30.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Cornelius Boone sold 3,958 shares of the firm's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $67.06, for a total transaction of $265,423.48. Following the completion of the transaction, the senior vice president now directly owns 94,392 shares in the company, valued at $6,329,927.52. This trade represents a 4.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,685 shares of company stock worth $2,743,345. Corporate insiders own 0.38% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Barclays boosted their price objective on eBay from $72.00 to $77.00 and gave the stock an "overweight" rating in a research report on Thursday. Stifel Nicolaus boosted their price target on eBay from $61.00 to $62.00 and gave the stock a "hold" rating in a report on Thursday. Benchmark raised their price objective on shares of eBay from $65.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Wells Fargo & Company lifted their target price on shares of eBay from $62.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, Cantor Fitzgerald upped their price target on shares of eBay from $65.00 to $69.00 and gave the company a "neutral" rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $67.12.

About eBay

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.

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