Union Square Park Capital Management LLC bought a new stake in BILL Holdings, Inc. (NYSE:BILL – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $1,636,000. BILL accounts for about 0.8% of Union Square Park Capital Management LLC’s portfolio, making the stock its 26th biggest holding.
Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in BILL by 3.5% in the third quarter. Vanguard Group Inc. now owns 10,843,612 shares of the company’s stock valued at $574,386,000 after purchasing an additional 371,265 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in BILL in the third quarter valued at $7,298,000. Barington Companies Management LLC acquired a new stake in BILL in the third quarter valued at $3,443,000. Assenagon Asset Management S.A. grew its holdings in BILL by 1,237.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 643,045 shares of the company’s stock valued at $35,072,000 after purchasing an additional 594,974 shares during the last quarter. Finally, Pier Capital LLC acquired a new stake in shares of BILL during the fourth quarter valued at $5,064,000. Institutional investors and hedge funds own 97.99% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently commented on BILL. Morgan Stanley set a $55.00 price objective on BILL in a research note on Friday, May 8th. Oppenheimer set a $55.00 price objective on BILL and gave the company an “outperform” rating in a research note on Friday, May 8th. BMO Capital Markets increased their price objective on BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Robert W. Baird increased their price objective on BILL from $50.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Finally, Wall Street Zen raised BILL from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, BILL presently has a consensus rating of “Moderate Buy” and an average price target of $55.80.
BILL Stock Performance
NYSE BILL opened at $33.72 on Wednesday. The business’s 50-day moving average price is $37.21 and its 200 day moving average price is $43.65. BILL Holdings, Inc. has a twelve month low of $31.52 and a twelve month high of $57.21. The company has a market capitalization of $3.36 billion, a PE ratio of -3,368.33, a price-to-earnings-growth ratio of 1.18 and a beta of 1.20. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48.
BILL (NYSE:BILL – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The firm had revenue of $406.56 million for the quarter, compared to the consensus estimate of $403.76 million. During the same period in the prior year, the business posted $0.50 earnings per share. The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. On average, research analysts predict that BILL Holdings, Inc. will post 0.95 earnings per share for the current year.
BILL Company Profile
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. It also offers onboarding implementation support, and ongoing support and training services.
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