Generali Investments Towarzystwo Funduszy Inwestycyjnych Has $1.65 Million Holdings in BILL Holdings, Inc. (NYSE:BILL)

Generali Investments Towarzystwo Funduszy Inwestycyjnych lessened its stake in BILL Holdings, Inc. (NYSE:BILL) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,500 shares of the company’s stock after selling 1,500 shares during the quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in BILL were worth $1,652,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its stake in BILL by 26.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 7,237 shares of the company’s stock valued at $613,000 after acquiring an additional 1,494 shares during the period. Oppenheimer Asset Management Inc. bought a new stake in BILL in the 4th quarter valued at $227,000. Oregon Public Employees Retirement Fund bought a new stake in BILL in the 4th quarter valued at $1,643,000. Amalgamated Bank raised its stake in BILL by 698.0% in the 4th quarter. Amalgamated Bank now owns 46,035 shares of the company’s stock valued at $3,900,000 after acquiring an additional 40,266 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in BILL by 51.5% in the 4th quarter. Bank of New York Mellon Corp now owns 807,614 shares of the company’s stock valued at $68,413,000 after acquiring an additional 274,701 shares during the period. Institutional investors and hedge funds own 97.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BILL. Needham & Company LLC restated a “buy” rating and issued a $100.00 price target on shares of BILL in a research note on Friday, February 7th. The Goldman Sachs Group lowered their price objective on BILL from $104.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, February 7th. Robert W. Baird increased their price objective on BILL from $74.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. Susquehanna increased their price objective on BILL from $91.00 to $100.00 and gave the stock a “positive” rating in a research report on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods lowered their price objective on BILL from $95.00 to $77.00 and set a “market perform” rating on the stock in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, BILL currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.72.

BILL Stock Performance

NYSE:BILL opened at $54.34 on Friday. The stock’s 50-day simple moving average is $79.94 and its 200 day simple moving average is $70.26. The firm has a market capitalization of $5.54 billion, a PE ratio of -5,434.00, a price-to-earnings-growth ratio of 29.46 and a beta of 1.76. 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 twelve month low of $43.11 and a twelve month high of $100.19.

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

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.