State Board Of Administration Of Florida Retirement System Has Trimmed Ebay INC (EBAY) Position by $3.13 Million

February 25, 2018 - By Ellis Scott

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.16, from 0.89 in 2017Q2. It is negative, as 47 investors sold EBAY shares while 306 reduced holdings. 72 funds opened positions while 186 raised stakes. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Moreover, Duncker Streett Co Incorporated has 0.1% invested in eBay Inc. (NASDAQ:EBAY). Northern Capital Lc, Wisconsin-based fund reported 60,064 shares. The Nebraska-based Ameritas Invest Prtnrs Inc has invested 0.07% in eBay Inc. (NASDAQ:EBAY). 434 are held by Arcadia Investment Management Mi. Primecap Management Co Ca holds 0.29% or 9.07M shares. Moreover, Nomura Asset has 0.3% invested in eBay Inc. (NASDAQ:EBAY). Assetmark has invested 0.1% of its portfolio in eBay Inc. (NASDAQ:EBAY). Prospector Prns Limited Com reported 0.36% in eBay Inc. (NASDAQ:EBAY). Legal General Group Public Ltd Co holds 0.15% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 5.30 million shares. Guardian Life Insur Comm Of America has 0.01% invested in eBay Inc. (NASDAQ:EBAY). Riverhead Capital Mgmt Ltd Limited Liability Company, Delaware-based fund reported 153,843 shares. Hillsdale Invest Mngmt Inc, a Ontario – Canada-based fund reported 8,500 shares. Clifford Swan Inv Counsel Ltd holds 0.43% or 185,223 shares. Sequoia Financial Limited Liability invested in 12,335 shares or 0.06% of the stock. Burns J W & Inc New York has 24,000 shares for 0.25% of their portfolio.

Since September 7, 2017, it had 0 buys, and 5 selling transactions for $9.90 million activity. Huber Marie Oh sold $2.72 million worth of stock. $937,805 worth of eBay Inc. (NASDAQ:EBAY) was sold by SWAN ROBERT HOLMES on Thursday, September 7. Yetto Kristin A sold $2.64 million worth of stock.

State Board Of Administration Of Florida Retirement System decreased its stake in Ebay Inc (EBAY) by 4.91% based on its latest 2017Q3 regulatory filing with the SEC. State Board Of Administration Of Florida Retirement System sold 82,411 shares as the company’s stock rose 0.21% with the market. The institutional investor held 1.60 million shares of the business services company at the end of 2017Q3, valued at $61.35 million, down from 1.68 million at the end of the previous reported quarter. State Board Of Administration Of Florida Retirement System who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $44.21 billion market cap company. The stock increased 1.98% or $0.85 during the last trading session, reaching $43.68. About 11.16 million shares traded or 2.39% up from the average. eBay Inc. (NASDAQ:EBAY) has risen 44.45% since February 25, 2017 and is uptrending. It has outperformed by 27.75% the S&P500.

State Board Of Administration Of Florida Retirement System, which manages about $36.69B US Long portfolio, upped its stake in Alphabet Inc by 4,891 shares to 428,260 shares, valued at $417.01 million in 2017Q3, according to the filing. It also increased its holding in Walgreens Boots Alliance Inc by 50,269 shares in the quarter, for a total of 1.30M shares, and has risen its stake in Willis Towers Watson Pub Ltd.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on April, 18. They expect $0.44 EPS, up 2.33 % or $0.01 from last year’s $0.43 per share. EBAY’s profit will be $445.32 million for 24.82 P/E if the $0.44 EPS becomes a reality. After $0.49 actual EPS reported by eBay Inc. for the previous quarter, Wall Street now forecasts -10.20 % negative EPS growth.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Reuters.com which released: “EBay website tweaks drive strong holiday sales, shares jump” on January 31, 2018, also Prnewswire.com with their article: “eBay Inc. Reports Fourth Quarter and Full Year 2017 Results” published on January 31, 2018, Nasdaq.com published: “EBay Inc. (EBAY) Has Surged To A New High On Q4 Results” on February 01, 2018. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Seekingalpha.com and their article: “eBay: A Dinosaur In Disguise” published on February 03, 2018 as well as Fortune.com‘s news article titled: “EBay Wants to Make Online Shopping More Fun” with publication date: February 13, 2018.

eBay Inc. (NASDAQ:EBAY) Ratings Coverage

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 25 have Buy rating, 3 Sell and 16 Hold. Therefore 57% are positive. eBay Inc had 161 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Cantor Fitzgerald to “Hold” on Thursday, September 10. BMO Capital Markets maintained eBay Inc. (NASDAQ:EBAY) on Monday, October 16 with “Hold” rating. Benchmark maintained eBay Inc. (NASDAQ:EBAY) on Tuesday, January 24 with “Buy” rating. On Monday, October 16 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Hold” rating given on Thursday, August 24 by Stifel Nicolaus. On Thursday, January 28 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock of eBay Inc. (NASDAQ:EBAY) has “Buy” rating given on Wednesday, April 27 by Benchmark. The stock of eBay Inc. (NASDAQ:EBAY) earned “Hold” rating by Cowen & Co on Friday, July 21. TheStreet downgraded the shares of EBAY in report on Friday, October 23 to “Hold” rating. Jefferies maintained the shares of EBAY in report on Thursday, July 6 with “Hold” rating.

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