BILL Holdings, Inc. (NYSE:BILL) Shares Bought by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. raised its stake in BILL Holdings, Inc. (NYSE:BILL) by 84.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,437 shares of the company’s stock after purchasing an additional 660 shares during the period. SRS Capital Advisors Inc.’s holdings in BILL were worth $122,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC increased its holdings in BILL by 74.9% in the fourth quarter. GAMMA Investing LLC now owns 306 shares of the company’s stock valued at $26,000 after buying an additional 131 shares during the last quarter. Crewe Advisors LLC grew its position in shares of BILL by 129.1% in the 4th quarter. Crewe Advisors LLC now owns 307 shares of the company’s stock worth $26,000 after acquiring an additional 173 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of BILL in the 4th quarter valued at approximately $27,000. Global Retirement Partners LLC raised its position in shares of BILL by 12,566.7% during the 4th quarter. Global Retirement Partners LLC now owns 380 shares of the company’s stock valued at $32,000 after acquiring an additional 377 shares in the last quarter. Finally, UMB Bank n.a. bought a new position in BILL during the fourth quarter worth $35,000. Institutional investors and hedge funds own 97.99% of the company’s stock.

BILL Stock Down 1.5 %

BILL stock opened at $49.44 on Thursday. The firm’s 50-day moving average is $77.00 and its two-hundred day moving average is $70.52. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of -4,943.50, a price-to-earnings-growth ratio of 29.46 and a beta of 2.00. BILL Holdings, Inc. has a 52 week low of $43.11 and a 52 week high of $100.19. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.44.

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

Analyst Upgrades and Downgrades

BILL has been the subject of several recent research reports. Mizuho boosted their target price on shares of BILL from $64.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Morgan Stanley raised shares of BILL from an “equal weight” rating to an “overweight” rating and set a $95.00 price objective for the company in a research report on Thursday, January 16th. Robert W. Baird raised their target price 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 lowered their target price on BILL from $110.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Finally, Piper Sandler reiterated an “overweight” rating and set a $85.00 price target 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. According to MarketBeat, BILL currently has a consensus rating of “Moderate Buy” and a consensus price target 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.