Jones Financial Companies Lllp Has $503,000 Stake in eBay Inc. (NASDAQ:EBAY)

Jones Financial Companies Lllp raised its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 35.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,121 shares of the e-commerce company’s stock after purchasing an additional 2,110 shares during the quarter. Jones Financial Companies Lllp’s holdings in eBay were worth $503,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of EBAY. Modera Wealth Management LLC grew its stake in shares of eBay by 6.3% in the fourth quarter. Modera Wealth Management LLC now owns 9,812 shares of the e-commerce company’s stock valued at $608,000 after acquiring an additional 579 shares in the last quarter. Bailard Inc. raised its position in eBay by 0.5% in the fourth quarter. Bailard Inc. now owns 34,651 shares of the e-commerce company’s stock valued at $2,147,000 after purchasing an additional 169 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in eBay by 4.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 5,979 shares of the e-commerce company’s stock worth $371,000 after acquiring an additional 253 shares during the last quarter. Maia Wealth LLC raised its position in eBay by 38.9% during the 4th quarter. Maia Wealth LLC now owns 4,824 shares of the e-commerce company’s stock worth $322,000 after purchasing an additional 1,351 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its stake in shares of eBay by 13.7% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,619 shares of the e-commerce company’s stock worth $100,000 after acquiring an additional 195 shares during the period. 87.48% of the stock is owned by institutional investors.

eBay Stock Down 3.3 %

Shares of NASDAQ EBAY opened at $68.19 on Tuesday. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25. eBay Inc. has a one year low of $48.52 and a one year high of $71.61. The firm’s 50 day simple moving average is $66.72 and its two-hundred day simple moving average is $64.28. The stock has a market capitalization of $31.78 billion, a P/E ratio of 17.13, a PEG ratio of 2.22 and a beta of 1.45.

eBay Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.29 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.70%. This is an increase from eBay’s previous quarterly dividend of $0.27. eBay’s payout ratio is currently 29.07%.

Analysts Set New Price Targets

A number of analysts have weighed in on EBAY shares. UBS Group increased their price target on eBay from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Monday, February 24th. Barclays set a $72.00 price objective on eBay and gave the stock an “overweight” rating in a research note on Thursday, February 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $72.00 price objective on shares of eBay in a research report on Thursday, February 27th. BMO Capital Markets boosted their price target on shares of eBay from $59.00 to $63.00 and gave the stock a “market perform” rating in a report on Thursday, February 27th. Finally, Stifel Nicolaus dropped their price target on eBay from $64.00 to $63.00 and set a “hold” rating on the stock in a research report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $65.54.

Insider Activity

In related news, CEO Jamie Iannone sold 5,625 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $62.38, for a total value of $350,887.50. Following the completion of the sale, the chief executive officer now owns 542,248 shares of the company’s stock, valued at $33,825,430.24. This trade represents a 1.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen J. Priest sold 5,252 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $63.63, for a total transaction of $334,184.76. Following the completion of the sale, the chief financial officer now owns 65,080 shares of the company’s stock, valued at $4,141,040.40. This trade represents a 7.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,524 shares of company stock valued at $1,390,509. 0.38% of the stock is currently owned by company insiders.

eBay Company Profile

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.