SG Americas Securities LLC trimmed its holdings in shares of BILL Holdings, Inc. (NYSE:BILL – Free Report) by 30.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 140,845 shares of the company’s stock after selling 61,776 shares during the period. SG Americas Securities LLC owned approximately 0.14% of BILL worth $5,394,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of BILL. Caitong International Asset Management Co. Ltd increased its stake in BILL by 972.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after buying an additional 486 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of BILL in the fourth quarter valued at approximately $28,000. Rockefeller Capital Management L.P. increased its stake in shares of BILL by 173.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock valued at $39,000 after acquiring an additional 452 shares during the period. CWM LLC increased its position in shares of BILL by 1,000.0% during the 4th quarter. CWM LLC now owns 803 shares of the company’s stock valued at $44,000 after purchasing an additional 730 shares during the period. Finally, GAMMA Investing LLC raised its position in BILL by 27.2% in the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after acquiring an additional 266 shares in the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. Morgan Stanley set a $55.00 target price on BILL in a research report on Friday, May 8th. Wall Street Zen downgraded BILL from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research raised shares of BILL from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Truist Financial cut shares of BILL from a “buy” rating to a “hold” rating and decreased their price target for the stock from $45.00 to $35.00 in a report on Wednesday, June 10th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $55.19.
BILL Price Performance
NYSE BILL opened at $35.50 on Monday. BILL Holdings, Inc. has a fifty-two week low of $31.41 and a fifty-two week high of $57.21. The stock’s 50-day moving average is $36.51 and its two-hundred day moving average is $42.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market cap of $3.54 billion, a P/E ratio of -3,546.65, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20.
BILL (NYSE:BILL – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.13. The company had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. BILL had a return on equity of 2.40% and a net margin of 0.01%.The firm’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.50 EPS. 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, analysts anticipate that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.
More BILL News
Here are the key news stories impacting BILL this week:
- Negative Sentiment: Wall Street Zen downgraded BILL Holdings (BILL) to Hold, a negative signal for near-term investor sentiment. Wall Street Zen Downgrades BILL (NYSE:BILL) to Hold
- Neutral Sentiment: Most of the other articles focus on political and policy news, including housing legislation and Social Security tax proposals, and do not appear to have a direct operational impact on BILL Holdings. Housing Advocates Urge Trump To Act After He Abruptly Cancels Bill Signing
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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