Hudson Capital Management LLC increased its stake in eBay Inc. (NASDAQ:EBAY – Get Rating) by 17.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,463 shares of the e-commerce company's stock after purchasing an additional 9,419 shares during the period. Hudson Capital Management LLC's holdings in eBay were worth $2,673,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Quadrature Capital Ltd purchased a new position in shares of eBay during the 3rd quarter valued at approximately $1,921,000. Alta Advisers Ltd acquired a new position in eBay in the third quarter valued at about $74,000. Louisiana State Employees Retirement System acquired a new position in eBay in the third quarter valued at about $2,386,000. Aigen Investment Management LP increased its stake in eBay by 41.1% during the third quarter. Aigen Investment Management LP now owns 47,227 shares of the e-commerce company's stock worth $1,738,000 after purchasing an additional 13,755 shares during the period. Finally, Clarius Group LLC increased its stake in eBay by 5.9% during the third quarter. Clarius Group LLC now owns 9,734 shares of the e-commerce company's stock worth $358,000 after purchasing an additional 538 shares during the period. 85.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Cowen lowered their price target on eBay from $48.00 to $46.00 in a report on Thursday, February 23rd. Credit Suisse Group raised their price target on eBay from $55.00 to $57.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 21st. StockNews.com initiated coverage on eBay in a report on Thursday, March 16th. They set a "hold" rating on the stock. Morgan Stanley lifted their price objective on eBay from $32.00 to $33.00 and gave the stock an "underweight" rating in a report on Tuesday, February 28th. Finally, Piper Sandler boosted their price target on eBay from $52.00 to $53.00 and gave the company an "overweight" rating in a report on Thursday, February 23rd. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, eBay presently has an average rating of "Hold" and a consensus target price of $49.13.

eBay Price Performance

NASDAQ EBAY opened at $42.18 on Friday. The business has a fifty day moving average price of $46.40 and a two-hundred day moving average price of $43.29. The company has a debt-to-equity ratio of 1.50, a quick ratio of 2.18 and a current ratio of 2.18. eBay Inc. has a fifty-two week low of $35.92 and a fifty-two week high of $60.38.

eBay (NASDAQ:EBAY – Get Rating) last announced its quarterly earnings results on Wednesday, February 22nd. The e-commerce company reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.01. The firm had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.46 billion. eBay had a positive return on equity of 34.14% and a negative net margin of 12.96%. The business's revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm posted $0.89 earnings per share. As a group, research analysts anticipate that eBay Inc. will post 3.36 EPS for the current year.

eBay Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 24th. Stockholders of record on Friday, March 10th will be issued a dividend of $0.25 per share. This is an increase from eBay's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $1.00 annualized dividend and a dividend yield of 2.37%. eBay's payout ratio is currently -46.95%.

About eBay

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eBay, Inc is a commerce company, whose platforms include an online marketplace and its localized counterparts, including off-platform businesses in South Korea, Japan, and Turkey, as well as eBay's suite of mobile apps. Its technologies and services are designed to give buyers choice and a breadth of relevant inventory and to enable sellers worldwide to organize and offer their inventory for sale, virtually anytime and anywhere.

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