eBay Inc. (NASDAQ:EBAY) Holdings Lifted by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB boosted its holdings in eBay Inc. (NASDAQ:EBAY) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,560 shares of the e-commerce company’s stock after acquiring an additional 215 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in eBay were worth $97,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quarry LP bought a new stake in shares of eBay in the 3rd quarter worth approximately $36,000. USA Financial Formulas bought a new position in shares of eBay in the third quarter valued at $38,000. Northwest Investment Counselors LLC acquired a new stake in shares of eBay during the 3rd quarter valued at $50,000. Versant Capital Management Inc boosted its stake in shares of eBay by 115.5% during the 4th quarter. Versant Capital Management Inc now owns 836 shares of the e-commerce company’s stock worth $52,000 after acquiring an additional 448 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its holdings in shares of eBay by 276.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 846 shares of the e-commerce company’s stock worth $55,000 after acquiring an additional 621 shares during the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Insider Activity at eBay

In other eBay news, SVP Cornelius Boone sold 3,989 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $65.20, for a total value of $260,082.80. Following the sale, the senior vice president now owns 71,469 shares of the company’s stock, valued at $4,659,778.80. This trade represents a 5.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Stephen J. Priest sold 1,033 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $64.93, for a total value of $67,072.69. Following the transaction, the chief financial officer now owns 65,080 shares of the company’s stock, valued at approximately $4,225,644.40. This trade represents a 1.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,149 shares of company stock worth $1,704,778. 0.38% of the stock is owned by insiders.

eBay Stock Up 1.4 %

Shares of EBAY stock opened at $64.75 on Friday. eBay Inc. has a twelve month low of $40.74 and a twelve month high of $71.52. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. The stock’s 50 day simple moving average is $63.81 and its 200 day simple moving average is $61.28. The company has a market capitalization of $31.02 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 2.05 and a beta of 1.35.

eBay Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Friday, November 29th. eBay’s dividend payout ratio is currently 27.14%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Citigroup increased their price target on eBay from $68.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Robert W. Baird dropped their target price on shares of eBay from $70.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. StockNews.com downgraded shares of eBay from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. TD Cowen lifted their price objective on shares of eBay from $45.00 to $54.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Finally, Wedbush assumed coverage on eBay in a report on Monday, December 9th. They issued a “neutral” rating and a $70.00 target price for the company. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $62.83.

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.