eBay Inc. (NASDAQ:EBAY) Shares Bought by American Century Companies Inc.

American Century Companies Inc. lifted its stake in shares of eBay Inc. (NASDAQ:EBAY) by 27.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 567,058 shares of the e-commerce company’s stock after purchasing an additional 123,856 shares during the period. American Century Companies Inc.’s holdings in eBay were worth $35,129,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in EBAY. Nordea Investment Management AB lifted its stake in eBay by 3.8% in the fourth quarter. Nordea Investment Management AB now owns 9,151,026 shares of the e-commerce company’s stock worth $573,220,000 after acquiring an additional 335,035 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of eBay by 1.4% in the 4th quarter. Victory Capital Management Inc. now owns 5,936,508 shares of the e-commerce company’s stock valued at $367,767,000 after purchasing an additional 82,904 shares in the last quarter. Boston Partners lifted its position in shares of eBay by 35.2% during the 4th quarter. Boston Partners now owns 5,856,276 shares of the e-commerce company’s stock worth $362,823,000 after purchasing an additional 1,524,691 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of eBay by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,447,627 shares of the e-commerce company’s stock worth $354,695,000 after purchasing an additional 216,162 shares in the last quarter. Finally, Amundi increased its holdings in eBay by 16.8% in the fourth quarter. Amundi now owns 4,719,128 shares of the e-commerce company’s stock valued at $292,350,000 after buying an additional 677,389 shares during the last quarter. 87.48% of the stock is currently owned by hedge funds and other institutional investors.

eBay Stock Up 0.5 %

EBAY stock opened at $67.16 on Friday. The stock has a market capitalization of $31.30 billion, a PE ratio of 16.87, a price-to-earnings-growth ratio of 2.22 and a beta of 1.45. The company has a fifty day moving average of $67.11 and a 200-day moving average of $64.89. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. eBay Inc. has a one year low of $48.52 and a one year high of $71.61.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a $0.29 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a yield of 1.73%. This is an increase from eBay’s previous quarterly dividend of $0.27. eBay’s dividend payout ratio (DPR) is presently 29.07%.

Insider Buying and Selling at eBay

In related news, CFO Stephen J. Priest sold 1,033 shares of eBay 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 sale, the chief financial officer now directly owns 65,080 shares in the company, valued at $4,225,644.40. The trade was a 1.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Cornelius Boone sold 3,958 shares of the stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $67.06, for a total value 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. The trade was a 4.02 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 16,241 shares of company stock valued at $1,061,665. 0.38% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

EBAY has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price target on eBay from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Stifel Nicolaus decreased their target price on eBay from $64.00 to $63.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Citigroup increased their price target on shares of eBay from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, February 14th. JMP Securities restated a “market perform” rating on shares of eBay in a research report on Monday, December 16th. Finally, Wells Fargo & Company restated an “equal weight” rating on shares of eBay in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $65.54.

About eBay

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.