BILL Holdings, Inc. (NYSE:BILL) Stock Holdings Boosted by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC increased its position in BILL Holdings, Inc. (NYSE:BILL - Free Report) by 9.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 141,742 shares of the company's stock after buying an additional 12,533 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.14% of BILL worth $12,007,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp boosted its position in BILL by 84.9% during the 4th quarter. Northern Trust Corp now owns 828,586 shares of the company's stock worth $70,190,000 after purchasing an additional 380,509 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of BILL by 100.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 120,256 shares of the company's stock worth $10,187,000 after buying an additional 60,166 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of BILL in the fourth quarter valued at about $6,586,000. Gilder Gagnon Howe & Co. LLC raised its holdings in shares of BILL by 28.3% during the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 30,892 shares of the company's stock valued at $2,617,000 after buying an additional 6,815 shares during the period. Finally, Coppell Advisory Solutions LLC lifted its position in BILL by 202.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 369 shares of the company's stock worth $32,000 after acquiring an additional 247 shares in the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Susquehanna upped their target price on shares of BILL from $91.00 to $100.00 and gave the company a "positive" rating in a research note on Tuesday, January 7th. Canaccord Genuity Group restated a "buy" rating and set a $105.00 target price on shares of BILL in a research note on Friday, February 7th. Morgan Stanley reaffirmed an "overweight" rating on shares of BILL in a research report on Wednesday, April 16th. BTIG Research initiated coverage on BILL in a report on Wednesday. They issued a "buy" rating and a $60.00 price target for the company. Finally, KeyCorp dropped their price objective on BILL from $70.00 to $60.00 and set an "overweight" rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $69.28.

BILL Stock Performance

NYSE:BILL traded down $0.20 during midday trading on Friday, reaching $45.29. 2,034,738 shares of the company traded hands, compared to its average volume of 2,256,220. BILL Holdings, Inc. has a twelve month low of $36.55 and a twelve month high of $100.19. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.66 and a quick ratio of 1.66. The company has a fifty day moving average price of $45.41 and a 200 day moving average price of $67.76. The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of -4,529.00, a price-to-earnings-growth ratio of 29.46 and a beta of 1.44.

BILL (NYSE:BILL - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.38). BILL had a return on equity of 1.53% and a net margin of 5.90%. On average, analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current fiscal year.

BILL Company 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.