Capital International Ltd. CA Has $13.22 Million Position in Electronic Arts Inc. (NASDAQ:EA)

Capital International Ltd. CA grew its position in Electronic Arts Inc. (NASDAQ:EA - Free Report) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,371 shares of the game software company's stock after purchasing an additional 3,017 shares during the period. Capital International Ltd. CA's holdings in Electronic Arts were worth $13,221,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. grew its stake in Electronic Arts by 141.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 200 shares of the game software company's stock worth $29,000 after purchasing an additional 117 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Electronic Arts in the 4th quarter worth approximately $32,000. Millstone Evans Group LLC bought a new stake in shares of Electronic Arts in the 4th quarter valued at approximately $37,000. SBI Securities Co. Ltd. acquired a new stake in shares of Electronic Arts during the 4th quarter valued at approximately $41,000. Finally, OFI Invest Asset Management acquired a new position in Electronic Arts in the fourth quarter worth $42,000. Hedge funds and other institutional investors own 90.23% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on EA. Morgan Stanley lowered their price objective on Electronic Arts from $150.00 to $135.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Stifel Nicolaus reduced their target price on shares of Electronic Arts from $167.00 to $159.00 and set a "hold" rating for the company in a research note on Tuesday, January 21st. Robert W. Baird dropped their price target on shares of Electronic Arts from $175.00 to $158.00 and set an "outperform" rating on the stock in a research note on Thursday, January 23rd. Raymond James downgraded Electronic Arts from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 23rd. Finally, Oppenheimer lowered their target price on Electronic Arts from $170.00 to $165.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 21st. Thirteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $154.00.

Insider Activity at Electronic Arts

In related news, EVP Jacob J. Schatz sold 1,500 shares of the company's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $145.65, for a total transaction of $218,475.00. Following the sale, the executive vice president now owns 19,033 shares in the company, valued at approximately $2,772,156.45. This represents a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew Wilson sold 5,000 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $130.14, for a total transaction of $650,700.00. Following the sale, the chief executive officer now directly owns 37,615 shares in the company, valued at $4,895,216.10. This trade represents a 11.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,000 shares of company stock worth $3,032,740 in the last quarter. Corporate insiders own 0.22% of the company's stock.

Electronic Arts Price Performance

Electronic Arts stock traded down $2.21 on Wednesday, reaching $143.66. The company's stock had a trading volume of 1,044,399 shares, compared to its average volume of 2,628,907. Electronic Arts Inc. has a twelve month low of $115.21 and a twelve month high of $168.50. The company has a market cap of $37.44 billion, a price-to-earnings ratio of 36.55, a PEG ratio of 3.58 and a beta of 0.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.38 and a current ratio of 1.38. The business's fifty day moving average price is $138.37 and its 200 day moving average price is $144.42.

Electronic Arts (NASDAQ:EA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The game software company reported $2.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.41 by ($1.07). Electronic Arts had a net margin of 14.28% and a return on equity of 17.80%. Equities analysts expect that Electronic Arts Inc. will post 4.71 earnings per share for the current fiscal year.

Electronic Arts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Wednesday, February 26th. Electronic Arts's dividend payout ratio (DPR) is 19.34%.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.