Ebay (EBAY) Holder Texas Permanent School Fund Has Cut Its Stake by $553,146; Raymond James Trust Decreased Position in Broadridge Financial Solutions (BR) as Valuation Declined

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Raymond James Trust decreased its stake in Broadridge Financial Solutions (BR) by 33.96% based on its latest 2018Q3 regulatory filing with the SEC. Raymond James Trust sold 2,795 shares as the company’s stock declined 27.37% with the market. The institutional investor held 5,435 shares of the miscellaneous company at the end of 2018Q3, valued at $717,000, down from 8,230 at the end of the previous reported quarter. Raymond James Trust who had been investing in Broadridge Financial Solutions for a number of months, seems to be less bullish one the $11.53B market cap company. The stock decreased 0.34% or $0.34 during the last trading session, reaching $98.78. About 384,364 shares traded. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 11.33% since January 12, 2018 and is uptrending. It has outperformed by 11.33% the S&P500. Some Historical BR News: 19/04/2018 – DJ Broadridge Financial Solutions Inc, Inst Holders, 1Q 2018 (BR); 06/03/2018 – Recent Analysis Shows ILG, Diamond Offshore Drilling, Interactive Brokers Group, NxStage Medical, Broadridge Financial Solution; 08/05/2018 – Broadridge Financial 3Q Rev $1.07B; 03/04/2018 – VP Liberatore Disposes 85 Of Broadridge Financial Solutions Inc; 08/05/2018 – Broadridge Financial 3Q Adj EPS $1; 03/05/2018 – Broadridge Declares Quarterly Dividend of $0.365 Per Share; 17/05/2018 – Santander and Broadridge Complete a First Practical Use of Blockchain for Investor Voting at an Annual General Meeting; 08/05/2018 – BROADRIDGE 3Q REV. $1.07B, EST. $1.02B; 31/05/2018 – Research Report Identifies Broadridge Financial Solutions, Pacific Ethanol, MAG Silver, Playa Hotels & Resorts N.V, Camping Wor; 09/05/2018 – BROADRIDGE BUYS FUNDASSIST TO FURTHER EXPAND REGULATORY

Texas Permanent School Fund decreased its stake in Ebay Inc (EBAY) by 7.43% based on its latest 2018Q3 regulatory filing with the SEC. Texas Permanent School Fund sold 16,762 shares as the company’s stock declined 14.03% with the market. The institutional investor held 208,814 shares of the business services company at the end of 2018Q3, valued at $6.90M, down from 225,576 at the end of the previous reported quarter. Texas Permanent School Fund who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $29.28 billion market cap company. The stock decreased 0.52% or $0.16 during the last trading session, reaching $30.41. About 13.39M shares traded. eBay Inc. (NASDAQ:EBAY) has declined 21.36% since January 12, 2018 and is downtrending. It has underperformed by 21.36% the S&P500. Some Historical EBAY News: 09/03/2018 – EBay Signs Up R/GA Agency; 27/03/2018 – Pizza Hut® To Auction Off “Final Four” Pairs Of Pie Tops Il On eBay Charity; 19/04/2018 – GENERAL MOTORS CO – ELECTION OF WENIG TO BOARD’S SLATE OF NOMINEES WILL BRING GM’S BOARD OF DIRECTORS TO 11 MEMBERS; 09/05/2018 – EBay is selling its holdings in Flipkart and relaunching eBay India after Walmart bought a $16 billion majority position in the e-commerce company; 25/04/2018 – eBay 1Q Operating Margin 22.5%; 05/03/2018 Rep. Ryan: Congressman Tim Ryan Helps Kick Off of the eBay Retail Revival Program in Akron, Ohio; 17/05/2018 – JPMorgan and eBay under fire over shareholder meetings; 27/03/2018 – The New York Yankees Are Back on Top in StubHub’s Second Annual Major League Baseball Preview; 09/05/2018 – Last year, eBay had sold its operations in the country to Flipkart and took a minority stake in the company; 25/04/2018 – EBay Sees 2Q EPS 33c-EPS 37c

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Seekingalpha.com which released: “eBay: Too Pessimistic On Split – Seeking Alpha” on October 22, 2018, also Seekingalpha.com with their article: “There Is Upside For eBay – Seeking Alpha” published on December 09, 2018, Nasdaq.com published: “Better Buy: PayPal (PYPL) vs. eBay Stock – Nasdaq” on October 04, 2018. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Nasdaq.com and their article: “The Zacks Analyst Blog Highlights: PayPal and eBay – Nasdaq” published on December 24, 2018 as well as Seekingalpha.com‘s news article titled: “eBay Focusing On Payments – Seeking Alpha” with publication date: November 01, 2018.

Texas Permanent School Fund, which manages about $7.24 billion US Long portfolio, upped its stake in Alarm Com Hldgs Inc by 5,730 shares to 21,908 shares, valued at $1.26 million in 2018Q3, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLE) by 4,268 shares in the quarter, for a total of 11,650 shares, and has risen its stake in Tyler Technologies Inc (NYSE:TYL).

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.12, from 0.93 in 2018Q2. It is positive, as 51 investors sold EBAY shares while 255 reduced holdings. 92 funds opened positions while 230 raised stakes. 772.11 million shares or 4.76% less from 810.72 million shares in 2018Q2 were reported. Amp Capital Investors Ltd has 1.09M shares. Alpha Cubed Invs Ltd Liability Corporation holds 0.03% or 7,694 shares in its portfolio. Sarasin & Partners Llp owns 0.11% invested in eBay Inc. (NASDAQ:EBAY) for 181,803 shares. The Illinois-based Wolverine Asset Management Llc has invested 0% in eBay Inc. (NASDAQ:EBAY). Nuwave Inv Mngmt Lc holds 0.02% or 392 shares in its portfolio. Round Table Svcs Limited Com holds 0.08% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 7,447 shares. 1832 Asset Limited Partnership invested in 0.03% or 264,153 shares. Hillsdale Invest Inc holds 8,430 shares. Troy Asset Mngmt Ltd holds 0.76% or 488,178 shares in its portfolio. Channing Capital Mgmt Lc has invested 0.3% in eBay Inc. (NASDAQ:EBAY). Janney Montgomery Scott Limited Liability Com stated it has 0.01% of its portfolio in eBay Inc. (NASDAQ:EBAY). Parkside Fin State Bank, Missouri-based fund reported 780 shares. 425 are held by Sandy Spring Comml Bank. National Bank Of Nova Scotia has 0.03% invested in eBay Inc. (NASDAQ:EBAY) for 188,816 shares. Fmr Ltd Llc holds 9.17M shares or 0.03% of its portfolio.

Among 46 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 2 Sell and 20 Hold. Therefore 52% are positive. eBay Inc had 199 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Thursday, January 26. The firm earned “Underweight” rating on Thursday, July 21 by Morgan Stanley. Canaccord Genuity maintained the stock with “Hold” rating in Thursday, July 21 report. The company was downgraded on Tuesday, October 23 by RBC Capital Markets. The firm has “Buy” rating by Robert W. Baird given on Friday, August 18. The stock has “Hold” rating by Vetr on Friday, August 21. The stock has “Hold” rating by Cantor Fitzgerald on Thursday, September 10. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, October 31. The stock has “Hold” rating by Evercore on Monday, August 17. The rating was maintained by Citigroup with “Buy” on Thursday, June 8.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on January, 30. They expect $0.56 EPS, up 14.29% or $0.07 from last year’s $0.49 per share. EBAY’s profit will be $539.19M for 13.58 P/E if the $0.56 EPS becomes a reality. After $0.43 actual EPS reported by eBay Inc. for the previous quarter, Wall Street now forecasts 30.23% EPS growth.

Since July 23, 2018, it had 1 buying transaction, and 6 selling transactions for $3.41 million activity. 33,652 eBay Inc. (NASDAQ:EBAY) shares with value of $983,558 were sold by Lee Jae Hyun. SWAN ROBERT HOLMES bought $501,766 worth of eBay Inc. (NASDAQ:EBAY) on Wednesday, January 2. Shares for $99,473 were sold by Doerger Brian J. on Tuesday, November 20. On Monday, July 23 the insider Jones Wendy Elizabeth sold $354,179. Park Joo Man also sold $522,528 worth of eBay Inc. (NASDAQ:EBAY) shares.

Among 7 analysts covering Broadridge Financial Solutions (NYSE:BR), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Broadridge Financial Solutions had 19 analyst reports since August 14, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $65 target in Monday, November 2 report. The firm earned “Equal-Weight” rating on Thursday, November 9 by Barclays Capital. The rating was upgraded by Zacks on Friday, August 14 to “Sell”. The company was maintained on Friday, August 14 by JP Morgan. Barclays Capital maintained Broadridge Financial Solutions, Inc. (NYSE:BR) rating on Friday, August 11. Barclays Capital has “Equal-Weight” rating and $74 target. The firm earned “Hold” rating on Thursday, September 29 by Sandler O’Neill. Barclays Capital maintained Broadridge Financial Solutions, Inc. (NYSE:BR) on Friday, February 9 with “Equal-Weight” rating. The stock of Broadridge Financial Solutions, Inc. (NYSE:BR) has “Market Perform” rating given on Wednesday, June 15 by Avondale. DA Davidson maintained it with “Neutral” rating and $92 target in Wednesday, March 28 report. The stock of Broadridge Financial Solutions, Inc. (NYSE:BR) has “Market Perform” rating given on Tuesday, June 7 by Raymond James.

Analysts await Broadridge Financial Solutions, Inc. (NYSE:BR) to report earnings on February, 14. They expect $0.70 earnings per share, down 11.39% or $0.09 from last year’s $0.79 per share. BR’s profit will be $81.73 million for 35.28 P/E if the $0.70 EPS becomes a reality. After $0.79 actual earnings per share reported by Broadridge Financial Solutions, Inc. for the previous quarter, Wall Street now forecasts -11.39% negative EPS growth.

Broadridge Financial Solutions, Inc. (NYSE:BR) Institutional Positions Chart