3,204 Shares in eBay Inc. (NASDAQ:EBAY) Acquired by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp bought a new stake in shares of eBay Inc. (NASDAQ:EBAY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,204 shares of the e-commerce company’s stock, valued at approximately $198,000.

A number of other institutional investors and hedge funds have also modified their holdings of EBAY. Nordea Investment Management AB boosted its position in shares of eBay by 3.8% during the fourth quarter. Nordea Investment Management AB now owns 9,151,026 shares of the e-commerce company’s stock valued at $573,220,000 after buying an additional 335,035 shares during the last quarter. Victory Capital Management Inc. lifted its stake in eBay by 1.4% during 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 acquiring an additional 82,904 shares during the period. Boston Partners boosted its holdings 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 valued at $362,823,000 after acquiring 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% in 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 acquiring an additional 216,162 shares during the period. Finally, Amundi grew its stake in shares of eBay by 16.8% in the fourth quarter. Amundi now owns 4,719,128 shares of the e-commerce company’s stock worth $292,350,000 after acquiring an additional 677,389 shares during the period. Institutional investors own 87.48% of the company’s stock.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $65.58 on Thursday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $30.56 billion, a price-to-earnings ratio of 16.48, a P/E/G ratio of 2.22 and a beta of 1.45. The firm has a fifty day moving average price of $67.05 and a 200 day moving average price of $64.83. eBay Inc. has a fifty-two week low of $48.52 and a fifty-two week high of $71.61.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given 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 is Friday, March 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.77%. eBay’s dividend payout ratio (DPR) is presently 29.07%.

Insider Transactions at eBay

In related news, SVP Cornelius Boone sold 3,958 shares of the firm’s stock in a transaction on Tuesday, March 18th. The shares were 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 directly owns 94,392 shares of the company’s stock, valued at approximately $6,329,927.52. This trade represents a 4.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jamie Iannone sold 5,625 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $62.38, for a total transaction of $350,887.50. Following the sale, the chief executive officer now directly owns 542,248 shares in the company, valued at approximately $33,825,430.24. The trade was a 1.03 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,241 shares of company stock valued at $1,061,665. 0.38% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on EBAY. Wedbush began coverage on shares of eBay in a research report on Monday, December 9th. They issued a “neutral” rating and a $70.00 target price for the company. Susquehanna lifted their price objective on eBay from $60.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, March 3rd. Needham & Company LLC reissued a “buy” rating and issued a $72.00 target price on shares of eBay in a report on Thursday, February 27th. Morgan Stanley boosted their price target on eBay from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. increased their price objective on shares of eBay from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, eBay has a consensus rating of “Hold” and a consensus target price 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.