Choreo LLC acquired a new position in shares of BILL Holdings, Inc. (NYSE:BILL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,780 shares of the company's stock, valued at approximately $409,000.
Several other large investors also recently added to or reduced their stakes in BILL. GAMMA Investing LLC grew its stake 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. Covestor Ltd grew its stake in shares of BILL by 15.1% during the third quarter. Covestor Ltd now owns 1,897 shares of the company's stock valued at $100,000 after buying an additional 249 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of BILL by 30.8% during the third quarter. Advisors Asset Management Inc. now owns 1,101 shares of the company's stock valued at $58,000 after buying an additional 259 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of BILL during the fourth quarter valued at approximately $27,000. Finally, Versant Capital Management Inc grew its stake in shares of BILL by 26.7% during the fourth quarter. Versant Capital Management Inc now owns 1,615 shares of the company's stock valued at $137,000 after buying an additional 340 shares during the last quarter. 97.99% of the stock is owned by institutional investors.
Analyst Ratings Changes
BILL has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a "buy" rating and set a $100.00 target price on shares of BILL in a research note on Friday, February 7th. Susquehanna boosted their price target on BILL from $91.00 to $100.00 and gave the company a "positive" rating in a report on Tuesday, January 7th. Keefe, Bruyette & Woods lowered their price target on BILL from $95.00 to $77.00 and set a "market perform" rating for the company in a report on Friday, February 7th. Oppenheimer lowered their price target on BILL from $110.00 to $90.00 and set an "outperform" rating for the company in a report on Friday, February 7th. Finally, Robert W. Baird boosted their price target on BILL from $74.00 to $100.00 and gave the company a "neutral" rating in a report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $81.72.
View Our Latest Stock Analysis on BILL
BILL Price Performance
Shares of BILL stock traded down $1.08 during mid-day trading on Friday, hitting $59.80. 4,694,181 shares of the stock were exchanged, compared to its average volume of 2,205,951. The firm has a fifty day moving average of $85.84 and a 200 day moving average of $69.97. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.23. BILL Holdings, Inc. has a 52-week low of $43.11 and a 52-week high of $100.19. The company has a market cap of $6.19 billion, a PE ratio of -5,980.20, a price-to-earnings-growth ratio of 157.98 and a beta of 1.76.
BILL (NYSE:BILL - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.38). BILL had a return on equity of 1.50% and a net margin of 5.90%. Research analysts anticipate that BILL Holdings, Inc. will post 0.04 earnings per share for the current year.
BILL Company Profile
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Free Report)
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.
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