eBay Inc. (NASDAQ:EBAY) is Lindsell Train Ltd’s 7th Largest Position

Lindsell Train Ltd lessened its holdings in eBay Inc. (NASDAQ:EBAY) by 2.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,237,871 shares of the e-commerce company’s stock after selling 206,500 shares during the quarter. eBay comprises 8.0% of Lindsell Train Ltd’s portfolio, making the stock its 7th largest position. Lindsell Train Ltd’s holdings in eBay were worth $565,727,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC grew its stake in shares of eBay by 38.5% in the 4th quarter. Penserra Capital Management LLC now owns 595,657 shares of the e-commerce company’s stock worth $29,931,000 after buying an additional 165,560 shares during the last quarter. Blackhawk Capital Partners LLC. bought a new position in shares of eBay during the first quarter valued at $1,043,000. Brandywine Global Investment Management LLC raised its position in shares of eBay by 6.7% in the 4th quarter. Brandywine Global Investment Management LLC now owns 1,220,668 shares of the e-commerce company’s stock worth $61,339,000 after purchasing an additional 76,125 shares during the last quarter. Hamilton Point Investment Advisors LLC boosted its stake in eBay by 1.5% in the 1st quarter. Hamilton Point Investment Advisors LLC now owns 156,768 shares of the e-commerce company’s stock worth $9,600,000 after purchasing an additional 2,279 shares in the last quarter. Finally, Railway Pension Investments Ltd grew its position in eBay by 7.4% during the 4th quarter. Railway Pension Investments Ltd now owns 453,600 shares of the e-commerce company’s stock valued at $22,793,000 after purchasing an additional 31,300 shares during the last quarter. Institutional investors and hedge funds own 86.83% of the company’s stock.

Shares of EBAY stock traded up $0.25 during trading hours on Friday, reaching $67.00. 128,786 shares of the company’s stock were exchanged, compared to its average volume of 7,866,100. eBay Inc. has a 1 year low of $45.36 and a 1 year high of $66.98. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market cap of $45.64 billion, a PE ratio of 16.20, a PEG ratio of 1.60 and a beta of 1.14. The firm has a fifty day moving average price of $61.58.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, April 28th. The e-commerce company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.97 billion. eBay had a net margin of 25.49% and a return on equity of 71.14%. The firm’s revenue was up 26.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 EPS. On average, equities analysts expect that eBay Inc. will post 3.28 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 18th. Shareholders of record on Tuesday, June 1st will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, May 28th. This represents a $0.72 annualized dividend and a yield of 1.07%. eBay’s dividend payout ratio (DPR) is 24.57%.

A number of equities research analysts have recently commented on the stock. Susquehanna reiterated a “neutral” rating and set a $66.00 price target (down previously from $75.00) on shares of eBay in a report on Wednesday, May 5th. Credit Suisse Group lifted their target price on eBay from $76.00 to $78.00 and gave the stock an “outperform” rating in a report on Monday, April 26th. Wolfe Research started coverage on eBay in a report on Wednesday, March 31st. They set an “outperform” rating and a $77.00 price target on the stock. Piper Sandler cut their target price on shares of eBay from $75.00 to $71.00 and set an “overweight” rating for the company in a research report on Thursday, April 29th. Finally, Evercore ISI reiterated an “in-line” rating and issued a $65.00 price objective on shares of eBay in a research note on Tuesday, April 6th. Sixteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $67.50.

In other news, SVP Pete Thompson sold 23,625 shares of the stock in a transaction on Wednesday, March 17th. The stock was sold at an average price of $57.22, for a total transaction of $1,351,822.50. Following the completion of the transaction, the senior vice president now directly owns 41,142 shares in the company, valued at approximately $2,354,145.24. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.02% of the stock is owned by insiders.

eBay Company Profile

eBay Inc operates marketplace platforms that connect buyers and sellers worldwide. The company's Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, classifieds, directories, search engines, commerce participants, shopping channels, and networks.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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