American Century Companies Inc. Sells 11,901 Shares of BILL Holdings, Inc. (NYSE:BILL)

American Century Companies Inc. lessened its position in BILL Holdings, Inc. (NYSE:BILL) by 41.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,785 shares of the company’s stock after selling 11,901 shares during the quarter. American Century Companies Inc.’s holdings in BILL were worth $1,422,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its position 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 purchasing an additional 131 shares in the last quarter. Crewe Advisors LLC boosted its stake in shares of BILL by 129.1% during the 4th quarter. Crewe Advisors LLC now owns 307 shares of the company’s stock worth $26,000 after buying an additional 173 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of BILL during the 4th quarter worth about $27,000. Global Retirement Partners LLC grew its holdings in shares of BILL by 12,566.7% in 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. acquired a new stake in shares of BILL in the fourth quarter valued at about $35,000. Institutional investors own 97.99% of the company’s stock.

BILL Stock Up 16.4 %

NYSE BILL opened at $44.01 on Thursday. The stock’s 50-day moving average price is $53.80 and its 200-day moving average price is $69.05. The company has a market capitalization of $4.49 billion, a P/E ratio of -4,401.00, a price-to-earnings-growth ratio of 29.46 and a beta of 1.88. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.44. BILL Holdings, Inc. has a 52 week low of $36.55 and a 52 week high of $100.19.

BILL (NYSE:BILL) last posted its quarterly earnings data 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 net margin of 5.90% and a return on equity of 1.53%. On average, equities research analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of BILL from $65.00 to $57.00 and set an “underweight” rating on the stock in a report on Friday, February 7th. Susquehanna raised their target price on shares of BILL from $91.00 to $100.00 and gave the company a “positive” rating in a research note on Tuesday, January 7th. Robert W. Baird lowered their price target on BILL from $82.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday, April 4th. Mizuho upped their price objective on BILL from $64.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Finally, Keefe, Bruyette & Woods reduced their target price on BILL from $77.00 to $54.00 and set a “market perform” rating for the company in a research note on Monday, March 31st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $75.44.

BILL 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.