Provident Living Financial Services Inc. Invests $1.05 Million in BILL Holdings, Inc. $BILL
by Michael Walen · The Markets DailyProvident Living Financial Services Inc. acquired a new position in shares of BILL Holdings, Inc. (NYSE:BILL – Free Report) in the 4th quarter, Holdings Channel reports. The fund acquired 19,305 shares of the company’s stock, valued at approximately $1,053,000. BILL accounts for approximately 1.0% of Provident Living Financial Services Inc.’s portfolio, making the stock its 20th largest position.
Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in shares of BILL by 27.2% during the fourth quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after buying an additional 266 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of BILL by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 25,175 shares of the company’s stock valued at $1,165,000 after buying an additional 327 shares during the last quarter. Inlight Wealth Management LLC boosted its position in shares of BILL by 0.8% during the third quarter. Inlight Wealth Management LLC now owns 40,881 shares of the company’s stock valued at $2,165,000 after buying an additional 334 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of BILL by 1.7% during the third quarter. Public Employees Retirement System of Ohio now owns 29,099 shares of the company’s stock valued at $1,541,000 after buying an additional 484 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of BILL by 972.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after buying an additional 486 shares during the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.
Trending Headlines about BILL
Here are the key news stories impacting BILL this week:
- Positive Sentiment: Zacks upgraded BILL to a Rank #2 (Buy), citing improving earnings prospects; that upgrade supports near-term optimism for the stock and could attract buyers. All You Need to Know About BILL Holdings (BILL) Rating Upgrade to Buy
- Neutral Sentiment: Several news items are legislative/political stories that use the word “bill” but are unrelated to BILL Holdings’ business or fundamentals, and thus are unlikely to move the stock. Examples include Vermont school policy if ICE visits, California “surfing reserves,” Tennessee immigration and election-date measures, Massachusetts social media rules for kids, and others. Vermont bill would create standard policy for school districts should ICE come knocking Bill calls for ‘surfing reserves’ off California’s coast to protect from threats Bill making it ‘illegal to be illegal’ in TN goes to Lee’s desk
- Neutral Sentiment: Other unrelated coverage (e.g., Bill Gates congressional testimony, private-school voucher transparency, transportation funding, health-care changes for foster kids, local policing/data-access bills) also do not pertain to BILL Holdings’ operations or guidance. Bill Gates to testify before House Oversight in Epstein probe Private school voucher transparency bill is back, but narrower; Here’s what changed
BILL Trading Down 0.4%
Shares of NYSE:BILL opened at $38.13 on Thursday. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of -158.85, a PEG ratio of 4.54 and a beta of 1.32. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.65 and a current ratio of 1.65. The stock’s 50-day simple moving average is $42.05 and its two-hundred day simple moving average is $48.07. BILL Holdings, Inc. has a 52-week low of $35.46 and a 52-week high of $57.21.
BILL (NYSE:BILL – Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.08. The business had revenue of $414.67 million for the quarter, compared to analysts’ expectations of $399.71 million. BILL had a positive return on equity of 1.70% and a negative net margin of 1.56%.The business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period last year, the firm posted $0.56 earnings per share. BILL has set its Q3 2026 guidance at 0.530-0.570 EPS and its FY 2026 guidance at 2.330-2.410 EPS. Analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on BILL shares. Evercore set a $42.00 price objective on BILL in a research report on Friday, February 6th. Truist Financial set a $59.00 price objective on BILL in a research report on Tuesday, February 10th. Jefferies Financial Group reissued a “buy” rating on shares of BILL in a research report on Friday, February 6th. Canaccord Genuity Group raised their target price on BILL from $75.00 to $77.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Zacks Research cut BILL from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $56.95.
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. It also offers onboarding implementation support, and ongoing support and training services.
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