Capital International Inc. CA Grows Position in Electronic Arts Inc. (NASDAQ:EA)

Capital International Inc. CA lifted its stake in Electronic Arts Inc. (NASDAQ:EA - Free Report) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,077 shares of the game software company's stock after acquiring an additional 8,992 shares during the quarter. Capital International Inc. CA's holdings in Electronic Arts were worth $14,641,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC raised its stake in Electronic Arts by 76.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 10,328 shares of the game software company's stock valued at $1,481,000 after purchasing an additional 4,471 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Electronic Arts in the 3rd quarter worth approximately $428,000. Tidal Investments LLC boosted its stake in Electronic Arts by 20.6% during the third quarter. Tidal Investments LLC now owns 45,630 shares of the game software company's stock worth $6,545,000 after buying an additional 7,786 shares during the period. Franklin Resources Inc. grew its holdings in Electronic Arts by 8.4% during the 3rd quarter. Franklin Resources Inc. now owns 863,899 shares of the game software company's stock valued at $124,548,000 after purchasing an additional 66,797 shares during the last quarter. Finally, Inspire Trust Co. N.A. raised its holdings in shares of Electronic Arts by 47.4% in the third quarter. Inspire Trust Co. N.A. now owns 14,000 shares of the game software company's stock worth $2,008,000 after buying an additional 4,499 shares during the period. Institutional investors own 90.23% of the company's stock.

Electronic Arts Price Performance

Electronic Arts stock traded up $2.46 during trading on Thursday, reaching $146.19. The company had a trading volume of 2,274,715 shares, compared to its average volume of 2,637,669. The firm has a market capitalization of $38.10 billion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 3.58 and a beta of 0.79. The firm's 50-day simple moving average is $138.66 and its 200 day simple moving average is $144.41. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.38 and a current ratio of 1.38. Electronic Arts Inc. has a 1-year low of $115.21 and a 1-year high of $168.50.

Electronic Arts (NASDAQ:EA - Get Free Report) last released its earnings results on Tuesday, February 4th. The game software company reported $2.34 EPS for the quarter, missing analysts' consensus estimates of $3.41 by ($1.07). Electronic Arts had a return on equity of 17.80% and a net margin of 14.28%. As a group, equities research analysts anticipate 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 paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Wednesday, February 26th. Electronic Arts's dividend payout ratio is presently 19.34%.

Insider Buying and Selling

In other Electronic Arts news, insider Vijayanthimala Singh sold 1,000 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $122.03, for a total transaction of $122,030.00. Following the sale, the insider now owns 28,216 shares in the company, valued at $3,443,198.48. This represents a 3.42 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew Wilson sold 5,000 shares of the firm's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $130.14, for a total transaction of $650,700.00. Following the completion of the sale, the chief executive officer now owns 37,615 shares in the company, valued at $4,895,216.10. The trade was a 11.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,000 shares of company stock worth $3,032,740. 0.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on EA. Moffett Nathanson upgraded Electronic Arts from a "neutral" rating to a "buy" rating and set a $145.00 price target for the company in a report on Friday, January 31st. Benchmark increased their target price on shares of Electronic Arts from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Monday, March 24th. Citigroup lowered their price objective on Electronic Arts from $163.00 to $139.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Raymond James lowered shares of Electronic Arts from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 23rd. Finally, StockNews.com downgraded Electronic Arts from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 5th. Thirteen investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $154.00.

About Electronic Arts

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.