Voya Financial Advisors Inc. Purchases 805 Shares of eBay Inc. (NASDAQ:EBAY)

Voya Financial Advisors Inc. raised its position in shares of eBay Inc. (NASDAQ:EBAY) by 5.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,923 shares of the e-commerce company’s stock after acquiring an additional 805 shares during the quarter. Voya Financial Advisors Inc.’s holdings in eBay were worth $988,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EBAY. Smithfield Trust Co grew its position in shares of eBay by 3.6% during the 4th quarter. Smithfield Trust Co now owns 4,411 shares of the e-commerce company’s stock valued at $274,000 after purchasing an additional 153 shares in the last quarter. Cypress Wealth Services LLC increased its stake in shares of eBay by 4.7% in the fourth quarter. Cypress Wealth Services LLC now owns 3,488 shares of the e-commerce company’s stock worth $216,000 after buying an additional 157 shares during the period. IFP Advisors Inc boosted its holdings in shares of eBay by 7.2% during the fourth quarter. IFP Advisors Inc now owns 2,417 shares of the e-commerce company’s stock worth $150,000 after purchasing an additional 163 shares during the period. Capital Investment Advisors LLC increased its stake in shares of eBay by 4.1% during the fourth quarter. Capital Investment Advisors LLC now owns 4,226 shares of the e-commerce company’s stock valued at $262,000 after buying an additional 167 shares during the period. Finally, Bailard Inc. raised its holdings in eBay by 0.5% in the 4th quarter. Bailard Inc. now owns 34,651 shares of the e-commerce company’s stock worth $2,147,000 after purchasing an additional 169 shares in the last quarter. Institutional investors own 87.48% of the company’s stock.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 5,625 shares of eBay stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $67.25, for a total value of $378,281.25. Following the completion of the transaction, the chief executive officer now owns 530,998 shares of the company’s stock, valued at $35,709,615.50. The trade was a 1.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Stephen J. Priest sold 1,167 shares of the business’s stock in a transaction on Thursday, April 17th. The stock was sold at an average price of $66.21, for a total value of $77,267.07. Following the transaction, the chief financial officer now owns 65,080 shares of the company’s stock, valued at $4,308,946.80. This trade represents a 1.76 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,310 shares of company stock worth $3,121,626. 0.38% of the stock is owned by corporate insiders.

eBay Price Performance

EBAY stock opened at $67.20 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. eBay Inc. has a twelve month low of $48.52 and a twelve month high of $71.61. The business has a 50 day simple moving average of $66.09 and a 200-day simple moving average of $64.98. The company has a market capitalization of $31.32 billion, a P/E ratio of 16.88, a PEG ratio of 2.22 and a beta of 1.43.

eBay Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.29 per share. This is a positive change from eBay’s previous quarterly dividend of $0.27. This represents a $1.16 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Friday, March 14th. eBay’s payout ratio is presently 29.07%.

Wall Street Analyst Weigh In

EBAY has been the topic of several research reports. Bank of America dropped their price objective on shares of eBay from $72.00 to $71.00 and set a “neutral” rating on the stock in a research note on Thursday, February 27th. Morgan Stanley reduced their price objective on eBay from $71.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Susquehanna upped their price objective on eBay from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, March 3rd. UBS Group upped their price target on shares of eBay from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. Finally, Stifel Nicolaus lowered their price target on eBay from $63.00 to $61.00 and set a “hold” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, eBay presently has a consensus rating of “Hold” and a consensus target price of $64.83.

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.