Strs Ohio lessened its holdings in shares of eBay Inc (NASDAQ:EBAY) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 501,614 shares of the e-commerce company’s stock after selling 11,307 shares during the quarter. Strs Ohio owned approximately 0.06% of eBay worth $19,552,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Chemical Bank raised its holdings in shares of eBay by 87.9% during the second quarter. Chemical Bank now owns 29,621 shares of the e-commerce company’s stock valued at $1,170,000 after acquiring an additional 13,856 shares in the last quarter. Harrington Investments INC grew its stake in eBay by 5.2% in the second quarter. Harrington Investments INC now owns 26,591 shares of the e-commerce company’s stock worth $1,050,000 after purchasing an additional 1,310 shares during the period. Capital Asset Advisory Services LLC purchased a new stake in eBay in the second quarter worth $351,000. WINTON GROUP Ltd grew its stake in eBay by 10.2% in the second quarter. WINTON GROUP Ltd now owns 905,851 shares of the e-commerce company’s stock worth $35,781,000 after purchasing an additional 84,212 shares during the period. Finally, BB&T Securities LLC grew its stake in eBay by 1.2% in the second quarter. BB&T Securities LLC now owns 299,227 shares of the e-commerce company’s stock worth $11,819,000 after purchasing an additional 3,575 shares during the period. Institutional investors own 86.31% of the company’s stock.

Several equities research analysts recently weighed in on the company. Citigroup upped their price target on eBay from $40.00 to $48.00 and gave the stock a “buy” rating in a research note on Monday, September 9th. Benchmark reaffirmed a “buy” rating and issued a $47.00 price target (down from $50.00) on shares of eBay in a research note on Wednesday. Stifel Nicolaus reaffirmed a “hold” rating and issued a $42.00 price target on shares of eBay in a research note on Sunday. BidaskClub cut eBay from a “buy” rating to a “hold” rating in a research note on Friday, September 6th. Finally, Cowen set a $36.00 price target on eBay and gave the stock a “hold” rating in a research note on Monday. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $42.11.

In related news, SVP Jae Hyun Lee sold 48,111 shares of eBay stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $41.92, for a total transaction of $2,016,813.12. Following the sale, the senior vice president now owns 197,247 shares of the company’s stock, valued at approximately $8,268,594.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Brian J. Doerger sold 19,014 shares of eBay stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $41.38, for a total value of $786,799.32. Following the sale, the chief accounting officer now directly owns 24,844 shares in the company, valued at approximately $1,028,044.72. The disclosure for this sale can be found here. Insiders sold 226,688 shares of company stock worth $9,407,581 in the last ninety days. Corporate insiders own 6.22% of the company’s stock.

EBAY stock opened at $39.20 on Thursday. The business’s 50-day moving average is $39.30 and its two-hundred day moving average is $38.81. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.31 and a current ratio of 1.31. eBay Inc has a fifty-two week low of $26.01 and a fifty-two week high of $42.00. The company has a market cap of $32.66 billion, a price-to-earnings ratio of 16.90, a P/E/G ratio of 1.87 and a beta of 1.38.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 23rd. The e-commerce company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.51 by $0.16. eBay had a return on equity of 36.67% and a net margin of 22.12%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter last year, the company earned $0.56 earnings per share. The business’s revenue for the quarter was up .0% compared to the same quarter last year. Equities analysts predict that eBay Inc will post 2.23 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.43%. eBay’s dividend payout ratio (DPR) is currently 24.14%.

eBay Profile

eBay Inc operates commerce platforms connecting various buyers and sellers worldwide. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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