238,009 Shares in BILL Holdings, Inc. (NYSE:BILL) Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC purchased a new position in BILL Holdings, Inc. (NYSE:BILL) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 238,009 shares of the company’s stock, valued at approximately $20,162,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BILL. Covestor Ltd grew its position in BILL by 15.1% in the 3rd quarter. Covestor Ltd now owns 1,897 shares of the company’s stock worth $100,000 after purchasing an additional 249 shares during the last quarter. State of New Jersey Common Pension Fund D grew its position in BILL by 1.7% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 39,855 shares of the company’s stock worth $2,103,000 after purchasing an additional 658 shares during the last quarter. Venturi Wealth Management LLC grew its position in BILL by 377.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,290 shares of the company’s stock worth $68,000 after purchasing an additional 1,020 shares during the last quarter. GSA Capital Partners LLP grew its position in BILL by 97.8% in the 3rd quarter. GSA Capital Partners LLP now owns 12,342 shares of the company’s stock worth $651,000 after purchasing an additional 6,103 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in BILL in the 3rd quarter worth $303,000. 97.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BILL has been the topic of several research analyst reports. KeyCorp decreased their price target on shares of BILL from $115.00 to $85.00 and set an “overweight” rating on the stock in a research report on Friday, February 7th. Canaccord Genuity Group restated a “buy” rating and issued a $105.00 price target on shares of BILL in a research report on Friday, February 7th. Oppenheimer decreased their target price on shares of BILL from $110.00 to $90.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company decreased their target price on shares of BILL from $65.00 to $57.00 and set an “underweight” rating on the stock in a research report on Friday, February 7th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $100.00 target price on shares of BILL in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $81.72.

BILL Trading Up 3.3 %

Shares of NYSE BILL opened at $45.88 on Thursday. BILL Holdings, Inc. has a 1-year low of $42.91 and a 1-year high of $100.19. The company has a market cap of $4.68 billion, a PE ratio of -4,587.60, a P/E/G ratio of 29.46 and a beta of 2.00. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average of $72.96 and a two-hundred day moving average of $70.37.

BILL (NYSE:BILL) last announced its earnings results on Thursday, February 6th. The company reported $0.05 earnings per share 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 earnings per share for the current fiscal year.

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.