Susquehanna Fundamental Investments LLC purchased a new stake in Playtika Holding Corp. (NASDAQ:PLTK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 346,098 shares of the company's stock, valued at approximately $2,402,000. Susquehanna Fundamental Investments LLC owned 0.09% of Playtika as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Covestor Ltd grew its holdings in Playtika by 11.4% in the fourth quarter. Covestor Ltd now owns 14,103 shares of the company's stock worth $98,000 after purchasing an additional 1,447 shares during the period. Sterling Capital Management LLC boosted its position in shares of Playtika by 57.2% during the 4th quarter. Sterling Capital Management LLC now owns 4,216 shares of the company's stock worth $29,000 after purchasing an additional 1,534 shares in the last quarter. Choreo LLC grew its stake in shares of Playtika by 14.9% in the 4th quarter. Choreo LLC now owns 12,485 shares of the company's stock valued at $90,000 after buying an additional 1,619 shares during the period. Dimensional Fund Advisors LP increased its position in Playtika by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 536,945 shares of the company's stock valued at $3,726,000 after buying an additional 1,639 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Playtika by 3.0% during the 4th quarter. Invesco Ltd. now owns 78,390 shares of the company's stock worth $544,000 after buying an additional 2,304 shares during the period. 11.94% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on PLTK shares. Wedbush reissued an "outperform" rating and issued a $11.50 price objective on shares of Playtika in a research note on Friday. Robert W. Baird reissued a "neutral" rating and issued a $6.00 price target (down previously from $9.00) on shares of Playtika in a research report on Friday, February 28th. Morgan Stanley lowered their price objective on shares of Playtika from $7.25 to $5.75 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. Macquarie decreased their target price on shares of Playtika from $7.00 to $6.00 and set a "neutral" rating for the company in a research report on Friday, February 28th. Finally, Citigroup dropped their price target on shares of Playtika from $10.00 to $9.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Playtika presently has a consensus rating of "Hold" and a consensus price target of $7.78.
View Our Latest Stock Report on Playtika
Playtika Stock Up 0.0 %
PLTK stock traded up $0.00 during trading on Monday, reaching $5.44. The stock had a trading volume of 257,229 shares, compared to its average volume of 1,122,649. Playtika Holding Corp. has a one year low of $3.97 and a one year high of $9.16. The company's 50 day moving average is $4.99 and its two-hundred day moving average is $6.68. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 1.69 and a beta of 0.91.
Playtika Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend was Friday, March 21st. Playtika's payout ratio is 90.91%.
About Playtika
(
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.
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