Orion Portfolio Solutions LLC Acquires New Position in BILL Holdings, Inc. (NYSE:BILL)

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Orion Portfolio Solutions LLC bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 7,766 shares of the company’s stock, valued at approximately $658,000. A number of other large investors have also [...]

Orion Portfolio Solutions LLC bought a new position in shares of BILL Holdings, Inc. ( NYSE:BILL – Free Report ) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 7,766 shares of the company’s stock, valued at approximately $658,000.

A number of other large investors have also modified their holdings of BILL. Norges Bank purchased a new position in BILL in the fourth quarter worth $99,906,000. Bank of New York Mellon Corp lifted its stake in shares of BILL by 51.



5% in the fourth quarter. Bank of New York Mellon Corp now owns 807,614 shares of the company’s stock valued at $68,413,000 after purchasing an additional 274,701 shares during the period. Principal Financial Group Inc.

boosted its holdings in BILL by 5,201.3% during the fourth quarter. Principal Financial Group Inc.

now owns 391,604 shares of the company’s stock worth $33,173,000 after buying an additional 384,217 shares in the last quarter. Telemark Asset Management LLC grew its position in BILL by 100.0% during the fourth quarter.

Telemark Asset Management LLC now owns 300,000 shares of the company’s stock worth $25,413,000 after buying an additional 150,000 shares during the period. Finally, Rhumbline Advisers increased its holdings in BILL by 153.7% in the fourth quarter.

Rhumbline Advisers now owns 271,027 shares of the company’s stock valued at $22,959,000 after buying an additional 164,182 shares in the last quarter. 97.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth A number of equities research analysts recently weighed in on BILL shares. Mizuho upped their price target on BILL from $64.00 to $75.

00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Morgan Stanley upgraded BILL from an “equal weight” rating to an “overweight” rating and set a $95.00 price target for the company in a research report on Thursday, January 16th.

Wells Fargo & Company decreased their price objective on shares of BILL from $65.00 to $57.00 and set an “underweight” rating on the stock in a research report on Friday, February 7th.

Piper Sandler restated an “overweight” rating and set a $85.00 target price on shares of BILL in a report on Friday, February 7th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $105.

00 price target on shares of BILL in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $75.

44. BILL Price Performance BILL opened at $39.53 on Monday.

BILL Holdings, Inc. has a 1 year low of $38.03 and a 1 year high of $100.

19. The company’s 50 day simple moving average is $59.30 and its 200 day simple moving average is $69.

73. The stock has a market capitalization of $4.03 billion, a PE ratio of -3,953.

00, a P/E/G ratio of 29.46 and a beta of 1.88.

The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.66 and a current ratio of 1.

66. BILL ( NYSE:BILL – Get Free Report ) last announced its quarterly earnings results 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%.

As a group, sell-side analysts expect that BILL Holdings, Inc. will post 0.12 EPS for the current year.

BILL Profile ( Free Report ) 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. See Also Five stocks we like better than BILL How to Short a Stock in 5 Easy Steps Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? What is Put Option Volume? Disney 2025 Shareholders: Major Updates for Investors Unveiling The Power Of VWAP: A Key Indicator For Traders Advance Auto Parts Stock: A Classic Rebound Play in the Making Want to see what other hedge funds are holding BILL? Visit HoldingsChannel.

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