Landscape Capital Management L.L.C. Has $358,000 Stock Holdings in BILL Holdings, Inc. (NYSE:BILL)

Landscape Capital Management L.L.C. lowered its holdings in shares of BILL Holdings, Inc. (NYSE:BILL) by 51.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,227 shares of the company’s stock after selling 4,449 shares during the period. Landscape Capital Management L.L.C.’s holdings in BILL were worth $358,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC grew its position in BILL by 74.9% in the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock valued at $26,000 after acquiring an additional 131 shares during the last quarter. Crewe Advisors LLC boosted its stake in shares of BILL by 129.1% in the 4th quarter. Crewe Advisors LLC now owns 307 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of BILL during the 4th quarter valued at approximately $27,000. Global Retirement Partners LLC increased its position in BILL by 12,566.7% during the 4th quarter. Global Retirement Partners LLC now owns 380 shares of the company’s stock worth $32,000 after purchasing an additional 377 shares in the last quarter. Finally, UMB Bank n.a. acquired a new position in BILL during the 4th quarter worth approximately $35,000. 97.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BILL has been the topic of a number of research reports. Susquehanna boosted their target price on shares of BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a research note on Tuesday, January 7th. Robert W. Baird reduced their price objective on BILL from $82.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday. Morgan Stanley raised BILL from an “equal weight” rating to an “overweight” rating and set a $95.00 target price for the company in a report on Thursday, January 16th. Piper Sandler reissued an “overweight” rating and set a $85.00 price target on shares of BILL in a research note on Friday, February 7th. Finally, Mizuho upped their price objective on BILL from $64.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $75.44.

BILL Stock Up 1.1 %

Shares of NYSE:BILL opened at $39.99 on Tuesday. BILL Holdings, Inc. has a 1 year low of $36.55 and a 1 year high of $100.19. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.66 and a quick ratio of 1.66. The business’s 50-day moving average is $58.25 and its 200-day moving average is $69.62. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of -3,998.50, a P/E/G ratio of 29.46 and a beta of 1.88.

BILL (NYSE:BILL) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.38). BILL had a net margin of 5.90% and a return on equity of 1.53%. Equities research analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

About BILL

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency.