Vestor Capital LLC Takes $2.45 Million Position in BILL Holdings, Inc. (NYSE:BILL)

Vestor Capital LLC purchased a new position in BILL Holdings, Inc. (NYSE:BILL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,901 shares of the company's stock, valued at approximately $2,448,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of BILL by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company's stock worth $26,000 after purchasing an additional 131 shares during the last quarter. Crewe Advisors LLC boosted its stake in BILL by 129.1% during the fourth quarter. Crewe Advisors LLC now owns 307 shares of the company's stock worth $26,000 after buying an additional 173 shares during the last quarter. Fifth Third Bancorp purchased a new stake in BILL in the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in shares of BILL in the 3rd quarter worth $28,000. Finally, Global Retirement Partners LLC raised its holdings in shares of BILL by 12,566.7% during the 4th quarter. Global Retirement Partners LLC now owns 380 shares of the company's stock worth $32,000 after acquiring an additional 377 shares during the period. 97.99% of the stock is currently owned by institutional investors and hedge funds.

BILL Stock Down 3.3 %

Shares of BILL stock traded down $1.66 on Wednesday, reaching $48.64. 1,531,721 shares of the company were exchanged, compared to its average volume of 2,194,094. The stock's 50 day moving average price is $66.45 and its 200-day moving average price is $70.10. The company has a market cap of $4.96 billion, a P/E ratio of -4,863.80, a price-to-earnings-growth ratio of 29.46 and a beta of 2.00. BILL Holdings, Inc. has a 1-year low of $42.82 and a 1-year high of $100.19. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.66 and a quick ratio of 1.66.

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BILL (NYSE:BILL - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.38). BILL had a net margin of 5.90% and a return on equity of 1.53%. As a group, equities analysts forecast that BILL Holdings, Inc. will post 0.12 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BILL. Piper Sandler restated an "overweight" rating and set a $85.00 price objective on shares of BILL in a research report on Friday, February 7th. Morgan Stanley raised shares of BILL from an "equal weight" rating to an "overweight" rating and set a $95.00 price target on the stock in a research report on Thursday, January 16th. Keefe, Bruyette & Woods lowered their price objective on BILL from $95.00 to $77.00 and set a "market perform" rating for the company in a research report on Friday, February 7th. Wells Fargo & Company reduced their target price on BILL from $65.00 to $57.00 and set an "underweight" rating on the stock in a research report on Friday, February 7th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and issued a $105.00 price target on shares of BILL in a research note on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, BILL presently has an average rating of "Moderate Buy" and an average price target of $80.89.

BILL 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.