4,342 Shares in eBay Inc. (NASDAQ:EBAY) Bought by Farringdon Capital Ltd.

Farringdon Capital Ltd. bought a new stake in eBay Inc. (NASDAQ:EBAY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,342 shares of the e-commerce company’s stock, valued at approximately $269,000.

Several other hedge funds also recently bought and sold shares of EBAY. Marshall Wace LLP increased its holdings in eBay by 304.2% in the fourth quarter. Marshall Wace LLP now owns 2,105,270 shares of the e-commerce company’s stock worth $130,421,000 after buying an additional 1,584,404 shares during the last quarter. Evergreen Capital Management LLC raised its holdings in shares of eBay by 5.0% during the 4th quarter. Evergreen Capital Management LLC now owns 118,793 shares of the e-commerce company’s stock valued at $7,359,000 after purchasing an additional 5,693 shares in the last quarter. Bridgewater Associates LP lifted its stake in shares of eBay by 531.1% in the 4th quarter. Bridgewater Associates LP now owns 1,780,737 shares of the e-commerce company’s stock valued at $110,317,000 after purchasing an additional 1,498,566 shares during the last quarter. Portolan Capital Management LLC boosted its holdings in eBay by 210.2% in the fourth quarter. Portolan Capital Management LLC now owns 238,132 shares of the e-commerce company’s stock worth $14,752,000 after purchasing an additional 161,372 shares in the last quarter. Finally, Aware Super Pty Ltd as trustee of Aware Super bought a new position in eBay during the fourth quarter valued at about $6,112,000. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Price Performance

eBay stock opened at $66.26 on Friday. 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 business has a 50 day simple moving average of $66.30 and a 200 day simple moving average of $64.96. eBay Inc. has a one year low of $48.52 and a one year high of $71.61. The company has a market capitalization of $30.88 billion, a PE ratio of 16.65, 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. Stockholders 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 1.75%. eBay’s dividend payout ratio (DPR) is presently 29.07%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Morgan Stanley lowered their price objective on eBay from $71.00 to $70.00 and set an “overweight” rating on the stock in a report on Thursday. UBS Group boosted their price objective on shares of eBay from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Monday, February 24th. Barclays set a $72.00 target price on shares of eBay and gave the company an “overweight” rating in a research note on Thursday, February 27th. Wells Fargo & Company decreased their price target 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. Finally, Needham & Company LLC restated a “buy” rating and set a $72.00 target price on shares of eBay in a research note on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus price target of $65.13.

Insider Buying and Selling at eBay

In other news, CEO Jamie Iannone sold 5,625 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $67.25, for a total transaction of $378,281.25. Following the sale, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at $35,709,615.50. This represents a 1.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Cornelius Boone sold 3,958 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $67.06, for a total transaction of $265,423.48. Following the completion of the transaction, the senior vice president now owns 94,392 shares of the company’s stock, valued at $6,329,927.52. This trade represents a 4.02 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,310 shares of company stock worth $3,121,626. 0.38% of the stock is currently owned by 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.