2 weeks Ago By Defense World Staff
Cerity Partners LLC reduced its position in shares of Playtika Holding Corp. ( NASDAQ:PLTK – Free Report ) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 51,269 shares of the company’s stock after selling 2,725 shares during the period. Cerity Partners LLC’s holdings in Playtika were worth $363,000 at the end of the most recent quarter. Other hedge funds have also modified their holdings of the company.
State Street Corp raised its stake in shares of Playtika by 12.9% during the 3rd quarter. State Street Corp now owns 1,317,709 shares of the company’s stock worth $10,564,000 after purchasing an additional 150,878 shares in the last quarter.
Barclays PLC increased its stake in shares of Playtika by 4.8% during the 3rd quarter. Barclays PLC now owns 163,138 shares of the company’s stock worth $1,291,000 after purchasing an additional 7,480 shares during the last quarter.
Sanctuary Advisors LLC raised its holdings in shares of Playtika by 43.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 31,809 shares of the company’s stock valued at $271,000 after purchasing an additional 9,658 shares during the period.
Franklin Resources Inc. lifted its stake in Playtika by 302.6% in the 3rd quarter.
Franklin Resources Inc. now owns 60,587 shares of the company’s stock valued at $454,000 after purchasing an additional 45,537 shares during the last quarter. Finally, JPMorgan Chase & Co.
grew its holdings in Playtika by 102.7% during the third quarter. JPMorgan Chase & Co.
now owns 80,150 shares of the company’s stock worth $635,000 after purchasing an additional 40,604 shares during the period. 11.94% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades A number of analysts have recently issued reports on PLTK shares. Bank of America upgraded shares of Playtika from an “underperform” rating to a “buy” rating and raised their target price for the stock from $6.00 to $6.
50 in a research note on Wednesday, March 26th. Wedbush restated an “outperform” rating and set a $11.50 price objective on shares of Playtika in a report on Wednesday, February 26th.
Citigroup lowered their target price on Playtika from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, March 7th.
Robert W. Baird restated a “neutral” rating and issued a $6.00 price target (down from $9.
00) on shares of Playtika in a research note on Friday, February 28th. Finally, Macquarie lowered their price objective on Playtika from $7.00 to $6.
00 and set a “neutral” rating on the stock in a research report on Friday, February 28th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Playtika presently has an average rating of “Hold” and an average price target of $7.
78. Playtika Price Performance Playtika stock opened at $4.90 on Wednesday.
The firm has a market cap of $1.84 billion, a P/E ratio of 8.45, a P/E/G ratio of 1.
69 and a beta of 0.92. The stock’s 50 day moving average is $5.
30 and its 200 day moving average is $6.82. Playtika Holding Corp.
has a one year low of $3.97 and a one year high of $9.16.
Playtika Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were given a dividend of $0.10 per share.
The ex-dividend date of this dividend was Friday, March 21st. This represents a $0.40 dividend on an annualized basis and a yield of 8.
16%. Playtika’s dividend payout ratio (DPR) is currently 90.91%.
Playtika Company Profile ( Free Report ) Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games.
It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms. Further Reading Five stocks we like better than Playtika How to Find Undervalued Stocks How to Invest in Micro-Cap Stocks Like a Pro How to Use High Beta Stocks to Maximize Your Investing Profits Investors Sell Microsoft Stock on OpenAI News—Time to Buy? Why Invest in 5G? How to Invest in 5G Stocks Take-Two Interactive: A Defensive Play Set to Explode Want to see what other hedge funds are holding PLTK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Playtika Holding Corp.
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