BILL Holdings, Inc. $BILL Shares Sold by Legal & General Group Plc

by · The Cerbat Gem

Legal & General Group Plc decreased its position in shares of BILL Holdings, Inc. (NYSE:BILL – Free Report) by 10.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,317 shares of the company’s stock after selling 16,382 shares during the quarter. Legal & General Group Plc’s holdings in BILL were worth $7,435,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its holdings in shares of BILL by 972.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock worth $28,000 after purchasing an additional 486 shares during the period. CWM LLC lifted its holdings in shares of BILL by 1,000.0% during the fourth quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after purchasing an additional 730 shares during the period. GAMMA Investing LLC lifted its holdings in shares of BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock worth $68,000 after purchasing an additional 266 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of BILL by 189.2% during the third quarter. Hantz Financial Services Inc. now owns 1,255 shares of the company’s stock worth $66,000 after purchasing an additional 821 shares during the period. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of BILL by 46.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,267 shares of the company’s stock worth $69,000 after purchasing an additional 401 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on BILL. BMO Capital Markets lifted their target price on BILL from $43.00 to $46.00 and gave the stock a “market perform” rating in a report on Friday, May 8th. Evercore set a $42.00 target price on BILL in a report on Friday, February 6th. The Goldman Sachs Group lifted their target price on BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Oppenheimer set a $55.00 price target on BILL and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Weiss Ratings raised BILL from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, BILL has a consensus rating of “Moderate Buy” and a consensus target price of $56.30.

Get Our Latest Analysis on BILL

BILL Trading Up 0.0%

Shares of NYSE:BILL opened at $35.98 on Friday. BILL Holdings, Inc. has a 12-month low of $34.35 and a 12-month high of $57.21. The company has a market capitalization of $3.58 billion, a PE ratio of -3,593.91, a PEG ratio of 1.36 and a beta of 1.20. The business has a 50 day moving average of $37.86 and a two-hundred day moving average of $44.44. 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 announced its quarterly earnings results on Thursday, May 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. BILL had a return on equity of 2.40% and a net margin of 0.01%.The company had revenue of $406.56 million during the quarter, compared to the consensus estimate of $403.76 million. During the same period in the previous year, the company posted $0.50 earnings per share. BILL’s revenue for the quarter was up 13.5% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. As a group, analysts forecast that BILL Holdings, Inc. will post 0.88 EPS for the current year.

BILL Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding BILL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BILL Holdings, Inc. (NYSE:BILL – Free Report).