Amundi lessened its position in Playtika Holding Corp. (NASDAQ:PLTK - Free Report) by 79.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,759 shares of the company's stock after selling 74,856 shares during the quarter. Amundi's holdings in Playtika were worth $136,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. KBC Group NV lifted its position in Playtika by 19.3% during the 3rd quarter. KBC Group NV now owns 7,820 shares of the company's stock worth $62,000 after buying an additional 1,266 shares in the last quarter. Banque Cantonale Vaudoise raised its holdings in Playtika by 142.9% during the third quarter. Banque Cantonale Vaudoise now owns 29,875 shares of the company's stock worth $237,000 after acquiring an additional 17,574 shares in the last quarter. Pacer Advisors Inc. boosted its position in Playtika by 8.8% during the third quarter. Pacer Advisors Inc. now owns 10,249,684 shares of the company's stock valued at $81,177,000 after purchasing an additional 829,372 shares during the last quarter. Penserra Capital Management LLC grew its stake in Playtika by 23.2% in the third quarter. Penserra Capital Management LLC now owns 142,564 shares of the company's stock valued at $1,129,000 after purchasing an additional 26,801 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Playtika by 13.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,685,196 shares of the company's stock worth $21,267,000 after purchasing an additional 326,890 shares during the last quarter. Institutional investors own 11.94% of the company's stock.
Playtika Price Performance
Playtika stock traded down $0.01 during trading hours on Tuesday, hitting $4.40. The company had a trading volume of 2,606,671 shares, compared to its average volume of 986,726. Playtika Holding Corp. has a one year low of $3.97 and a one year high of $9.16. The firm has a market cap of $1.65 billion, a PE ratio of 7.59, a PEG ratio of 1.69 and a beta of 0.98. The firm has a 50-day moving average of $6.34 and a 200 day moving average of $7.25.
Playtika Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.40 annualized dividend and a yield of 9.09%. Playtika's payout ratio is currently 90.91%.
Analysts Set New Price Targets
Several research firms recently weighed in on PLTK. Robert W. Baird reissued a "neutral" rating and issued a $6.00 target price (down from $9.00) on shares of Playtika in a research note on Friday, February 28th. Macquarie decreased their price objective 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. Wedbush reaffirmed an "outperform" rating and issued a $11.50 target price on shares of Playtika in a report on Wednesday, February 26th. Baird R W cut Playtika from a "strong-buy" rating to a "hold" rating in a report on Friday, February 28th. Finally, Citigroup dropped their price objective on Playtika from $10.00 to $9.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Playtika has an average rating of "Hold" and a consensus target price of $8.32.
Get Our Latest Analysis on Playtika
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.
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