eBay Inc. (NASDAQ:EBAY) Shares Acquired by Caprock Group LLC

Caprock Group LLC raised its holdings in shares of eBay Inc. (NASDAQ:EBAY) by 15.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,771 shares of the e-commerce company’s stock after buying an additional 8,116 shares during the period. Caprock Group LLC’s holdings in eBay were worth $3,957,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Pathstone Holdings LLC boosted its holdings in shares of eBay by 2.2% in the third quarter. Pathstone Holdings LLC now owns 79,177 shares of the e-commerce company’s stock worth $5,155,000 after buying an additional 1,696 shares during the period. Strengthening Families & Communities LLC boosted its position in eBay by 10.5% during the third quarter. Strengthening Families & Communities LLC now owns 16,007 shares of the e-commerce company’s stock valued at $1,042,000 after purchasing an additional 1,522 shares during the last quarter. LMR Partners LLP acquired a new position in eBay in the 3rd quarter worth about $247,000. Accredited Investors Inc. acquired a new stake in shares of eBay during the 3rd quarter valued at about $218,000. Finally, Natixis Advisors LLC increased its holdings in eBay by 10.7% in the third quarter. Natixis Advisors LLC now owns 443,462 shares of the e-commerce company’s stock worth $28,874,000 after buying an additional 42,790 shares during the last quarter. 87.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EBAY has been the subject of several recent research reports. Daiwa America raised shares of eBay to a “hold” rating in a research report on Wednesday, August 14th. Sanford C. Bernstein raised shares of eBay from a “market perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a research report on Tuesday, November 5th. Morgan Stanley boosted their price target on eBay from $65.00 to $71.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Jefferies Financial Group raised their price objective on eBay from $58.00 to $65.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Finally, Susquehanna upped their target price on eBay from $52.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $62.87.

eBay Stock Down 0.5 %

Shares of EBAY stock opened at $61.10 on Wednesday. eBay Inc. has a one year low of $38.97 and a one year high of $67.80. 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 stock has a fifty day moving average price of $63.59 and a 200 day moving average price of $57.72. The stock has a market cap of $29.27 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 1.60 and a beta of 1.34.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.08 annualized dividend and a dividend yield of 1.77%. eBay’s dividend payout ratio (DPR) is currently 27.14%.

Insider Activity at eBay

In other news, SVP Cornelius Boone sold 3,974 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $64.61, for a total value of $256,760.14. Following the sale, the senior vice president now owns 70,113 shares of the company’s stock, valued at approximately $4,530,000.93. This represents a 5.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $59.91, for a total transaction of $336,993.75. Following the transaction, the chief executive officer now directly owns 548,042 shares of the company’s stock, valued at $32,833,196.22. This represents a 1.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,016 shares of company stock valued at $3,015,417 over the last quarter. 0.38% of the stock is owned by company insiders.

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.