Ensign Peak Advisors Inc Acquires 7,500 Shares of BILL Holdings, Inc. (NYSE:BILL)

Ensign Peak Advisors Inc boosted its position in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) by 23.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 39,410 shares of the company's stock after purchasing an additional 7,500 shares during the quarter. Ensign Peak Advisors Inc's holdings in BILL were worth $3,338,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its holdings in shares of BILL by 74.9% during the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company's stock valued at $26,000 after buying an additional 131 shares during the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in shares of BILL in the fourth quarter worth $239,000. Gateway Investment Advisers LLC purchased a new stake in shares of BILL during the fourth quarter valued at $1,832,000. Kera Capital Partners Inc. bought a new stake in BILL in the 4th quarter worth about $259,000. Finally, Aaron Wealth Advisors LLC increased its holdings in BILL by 10.9% in the 4th quarter. Aaron Wealth Advisors LLC now owns 4,618 shares of the company's stock worth $391,000 after buying an additional 455 shares in the last quarter. 97.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BILL has been the topic of several research analyst reports. Canaccord Genuity Group lowered their target price on shares of BILL from $105.00 to $75.00 and set a "buy" rating on the stock in a research note on Tuesday, May 13th. The Goldman Sachs Group decreased their price target on shares of BILL from $90.00 to $60.00 and set a "buy" rating on the stock in a research report on Wednesday, April 2nd. Oppenheimer boosted their price objective on shares of BILL from $50.00 to $55.00 and gave the company an "outperform" rating in a research report on Friday, May 9th. Piper Sandler decreased their target price on BILL from $85.00 to $70.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Finally, Needham & Company LLC cut their price target on BILL from $100.00 to $75.00 and set a "buy" rating for the company in a report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $63.67.

BILL Price Performance

NYSE BILL traded down $0.09 on Tuesday, reaching $46.28. The company had a trading volume of 178,713 shares, compared to its average volume of 2,276,005. The stock has a market capitalization of $4.77 billion, a PE ratio of -4,627.30, a price-to-earnings-growth ratio of 29.46 and a beta of 1.44. BILL Holdings, Inc. has a 12 month low of $36.55 and a 12 month high of $100.19. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.44. The firm's 50 day moving average price is $44.78 and its 200 day moving average price is $67.06.

BILL (NYSE:BILL - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.13. BILL had a return on equity of 1.53% and a net margin of 5.90%. The firm had revenue of $358.22 million for the quarter, compared to analysts' expectations of $355.85 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The business's revenue was up 10.9% compared to the same quarter last year. As a group, equities analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

BILL Profile

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency.