eBay Inc. (NASDAQ:EBAY) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,032,336 shares of the e-commerce company's stock after acquiring an additional 245,624 shares during the period. Dimensional Fund Advisors LP owned 1.47% of eBay worth $435,665,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Independent Franchise Partners LLP grew its holdings in shares of eBay by 25.6% during the fourth quarter. Independent Franchise Partners LLP now owns 11,178,638 shares of the e-commerce company's stock worth $692,517,000 after buying an additional 2,277,839 shares in the last quarter. Marshall Wace LLP grew its stake in eBay by 304.2% during the 4th quarter. Marshall Wace LLP now owns 2,105,270 shares of the e-commerce company's stock valued at $130,421,000 after acquiring an additional 1,584,404 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in eBay in the 4th quarter valued at about $96,214,000. Boston Partners lifted its stake in eBay by 35.2% in the 4th quarter. Boston Partners now owns 5,856,276 shares of the e-commerce company's stock worth $362,823,000 after purchasing an additional 1,524,691 shares in the last quarter. Finally, Bridgewater Associates LP boosted its holdings in shares of eBay by 531.1% during the 4th quarter. Bridgewater Associates LP now owns 1,780,737 shares of the e-commerce company's stock worth $110,317,000 after purchasing an additional 1,498,566 shares during the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 7,500 shares of eBay stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $66.35, for a total value of $497,625.00. Following the transaction, the chief executive officer now directly owns 590,108 shares of the company's stock, valued at $39,153,665.80. The trade was a 1.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen J. Priest sold 1,167 shares of the stock in a transaction on Thursday, April 17th. The stock was sold at an average price of $66.21, for a total transaction of $77,267.07. Following the sale, the chief financial officer now owns 65,080 shares of the company's stock, valued at approximately $4,308,946.80. This represents a 1.76 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,310 shares of company stock worth $3,121,626. Corporate insiders own 0.38% of the company's stock.

eBay Stock Up 0.6 %

Shares of eBay stock traded up $0.38 during trading hours on Thursday, hitting $67.01. The company had a trading volume of 1,795,061 shares, compared to its average volume of 5,418,103. The company's 50-day moving average is $66.14 and its two-hundred day moving average is $64.98. eBay Inc. has a twelve month low of $48.52 and a twelve month high of $71.61. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market cap of $31.23 billion, a P/E ratio of 16.84, a price-to-earnings-growth ratio of 2.22 and a beta of 1.43.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a dividend of $0.29 per share. This is a positive change from eBay's previous quarterly dividend of $0.27. The ex-dividend date was Friday, March 14th. This represents a $1.16 annualized dividend and a dividend yield of 1.73%. eBay's dividend payout ratio (DPR) is presently 29.07%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on EBAY shares. JPMorgan Chase & Co. reduced their price objective on eBay from $60.00 to $54.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Wells Fargo & Company dropped their price objective on shares of eBay from $64.00 to $62.00 and set an "equal weight" rating for the company in a report on Wednesday, April 2nd. Barclays set a $72.00 target price on eBay and gave the stock an "overweight" rating in a research note on Thursday, February 27th. StockNews.com lowered shares of eBay from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. Finally, Cantor Fitzgerald upped their price objective on shares of eBay from $65.00 to $70.00 and gave the stock a "neutral" rating in a report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, eBay currently has a consensus rating of "Hold" and a consensus target price of $64.83.

eBay 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.