Oregon Public Employees Retirement Fund purchased a new stake in eBay Inc (NASDAQ:EBAY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 107,222 shares of the e-commerce company’s stock, valued at approximately $3,888,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Partners Capital Investment Group LLP raised its holdings in shares of eBay by 7.5% in the 2nd quarter. Partners Capital Investment Group LLP now owns 841,613 shares of the e-commerce company’s stock valued at $30,517,000 after acquiring an additional 58,684 shares in the last quarter. BlueMountain Capital Management LLC raised its holdings in shares of eBay by 2.9% in the 2nd quarter. BlueMountain Capital Management LLC now owns 232,907 shares of the e-commerce company’s stock valued at $8,445,000 after acquiring an additional 6,602 shares in the last quarter. Burney Co. raised its holdings in shares of eBay by 21.8% in the 2nd quarter. Burney Co. now owns 51,661 shares of the e-commerce company’s stock valued at $1,873,000 after acquiring an additional 9,254 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of eBay by 95.7% in the 2nd quarter. Captrust Financial Advisors now owns 6,571 shares of the e-commerce company’s stock valued at $238,000 after acquiring an additional 3,213 shares in the last quarter. Finally, Korea Investment CORP raised its holdings in shares of eBay by 0.4% in the 2nd quarter. Korea Investment CORP now owns 404,131 shares of the e-commerce company’s stock valued at $14,654,000 after acquiring an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 84.81% of the company’s stock.

NASDAQ:EBAY traded down $0.34 during trading hours on Friday, reaching $34.10. 5,344,691 shares of the company traded hands, compared to its average volume of 6,813,223. The stock has a market capitalization of $33.90 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 1.96 and a beta of 1.22. eBay Inc has a 1 year low of $32.85 and a 1 year high of $46.99. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 1.29.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, July 18th. The e-commerce company reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.02. eBay had a positive return on equity of 20.57% and a negative net margin of 10.05%. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the previous year, the company posted $0.45 earnings per share. eBay’s revenue was up 9.1% compared to the same quarter last year. equities research analysts predict that eBay Inc will post 1.83 EPS for the current year.

Several equities analysts have recently commented on the company. Guggenheim reiterated a “$37.95” rating on shares of eBay in a research report on Wednesday, July 18th. UBS Group reduced their price objective on eBay from $47.00 to $44.00 and set a “$34.11” rating on the stock in a research report on Thursday, July 19th. Canaccord Genuity reduced their price objective on eBay from $43.00 to $40.00 and set a “hold” rating on the stock in a research report on Thursday, July 19th. Wells Fargo & Co restated a “buy” rating on shares of eBay in a research report on Thursday, July 19th. Finally, Morgan Stanley reduced their price target on eBay from $58.00 to $55.00 and set a “$34.11” rating on the stock in a research report on Thursday, July 19th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $45.90.

In other eBay news, VP Brian J. Doerger sold 4,811 shares of the business’s stock in a transaction dated Thursday, August 9th. The stock was sold at an average price of $34.05, for a total transaction of $163,814.55. Following the completion of the sale, the vice president now owns 34,644 shares of the company’s stock, valued at $1,179,628.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Wendy Elizabeth Jones sold 10,516 shares of the business’s stock in a transaction dated Monday, July 23rd. The shares were sold at an average price of $33.68, for a total value of $354,178.88. Following the completion of the transaction, the senior vice president now owns 21,620 shares in the company, valued at $728,161.60. The disclosure for this sale can be found here. Insiders sold 138,158 shares of company stock valued at $4,718,578 in the last ninety days. 6.78% of the stock is currently owned by corporate insiders.

eBay Profile

eBay Inc operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and online ticket platform that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Institutional Ownership by Quarter for eBay (NASDAQ:EBAY)

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