4,780 Shares in BILL Holdings, Inc. (NYSE:BILL) Bought by Choreo LLC

Choreo LLC bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,780 shares of the company’s stock, valued at approximately $409,000.

Other institutional investors have also added to or reduced their stakes in the company. Aigen Investment Management LP grew its holdings in shares of BILL by 612.3% during the third quarter. Aigen Investment Management LP now owns 55,561 shares of the company’s stock worth $2,931,000 after purchasing an additional 47,761 shares in the last quarter. WoodTrust Financial Corp purchased a new position in BILL in the 3rd quarter worth approximately $422,000. Dynamic Technology Lab Private Ltd bought a new position in shares of BILL in the 3rd quarter worth $820,000. WCM Investment Management LLC increased its holdings in shares of BILL by 26.4% in the 3rd quarter. WCM Investment Management LLC now owns 294,229 shares of the company’s stock worth $15,647,000 after buying an additional 61,471 shares during the last quarter. Finally, Telemark Asset Management LLC purchased a new stake in shares of BILL during the 3rd quarter valued at $7,914,000. 97.99% of the stock is currently owned by institutional investors.

BILL Price Performance

Shares of NYSE BILL opened at $61.12 on Thursday. BILL Holdings, Inc. has a 1 year low of $43.11 and a 1 year high of $100.19. The stock has a market capitalization of $6.33 billion, a P/E ratio of -6,112.00, a P/E/G ratio of 157.98 and a beta of 1.76. The company’s 50-day moving average is $87.91 and its 200 day moving average is $69.79. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.53 and a quick ratio of 1.53.

BILL (NYSE:BILL) last posted its earnings results 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 1.50% and a net margin of 5.90%. On average, sell-side analysts expect that BILL Holdings, Inc. will post 0.04 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Needham & Company LLC reissued a “buy” rating and issued a $100.00 target price on shares of BILL in a research note on Friday, February 7th. Canaccord Genuity Group reiterated a “buy” rating and set a $105.00 price target on shares of BILL in a research report on Friday, February 7th. Oppenheimer cut their price objective on shares of BILL from $110.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, February 7th. KeyCorp reduced their target price on shares of BILL from $115.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, February 7th. Finally, Susquehanna boosted their price target on shares of BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a research note on Tuesday, January 7th. 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $81.72.

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.