19,400 Shares in BILL Holdings, Inc. (NYSE:BILL) Acquired by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,400 shares of the company’s stock, valued at approximately $1,643,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC increased its holdings in BILL by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock worth $26,000 after acquiring an additional 131 shares during the period. Crewe Advisors LLC increased its holdings in BILL by 129.1% during the 4th quarter. Crewe Advisors LLC now owns 307 shares of the company’s stock worth $26,000 after acquiring an additional 173 shares during the period. Fifth Third Bancorp bought a new stake in BILL during the 4th quarter worth approximately $27,000. Global Retirement Partners LLC increased its holdings 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 acquiring an additional 377 shares during the period. Finally, UMB Bank n.a. bought a new stake in BILL during the 4th quarter worth approximately $35,000. Institutional investors own 97.99% of the company’s stock.

BILL Price Performance

Shares of BILL stock opened at $55.22 on Friday. The firm has a market cap of $5.63 billion, a PE ratio of -5,521.50, a price-to-earnings-growth ratio of 29.46 and a beta of 1.76. BILL Holdings, Inc. has a 12-month low of $43.11 and a 12-month high of $100.19. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.44. The company’s fifty day simple moving average is $79.25 and its two-hundred day simple moving average is $70.32.

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

Analyst Ratings Changes

A number of analysts recently weighed in on BILL shares. Susquehanna upped their target price on shares of BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a report on Tuesday, January 7th. Robert W. Baird increased their price target on shares of BILL from $74.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, December 3rd. Oppenheimer decreased their price target on shares of BILL from $110.00 to $90.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. Needham & Company LLC reissued a “buy” rating and issued a $100.00 price target on shares of BILL in a report on Friday, February 7th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $105.00 price target on shares of BILL in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, BILL currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.72.

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.