Harbor Capital Advisors Inc. Grows Holdings in International Game Technology PLC (NYSE:IGT)

Harbor Capital Advisors Inc. boosted its stake in International Game Technology PLC (NYSE:IGT - Free Report) by 127.2% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,606 shares of the company's stock after buying an additional 30,569 shares during the quarter. Harbor Capital Advisors Inc.'s holdings in International Game Technology were worth $1,163,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC acquired a new position in shares of International Game Technology in the third quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of International Game Technology during the second quarter worth $31,000. Blue Trust Inc. purchased a new stake in shares of International Game Technology in the second quarter valued at $44,000. Hexagon Capital Partners LLC increased its stake in International Game Technology by 1,633.6% in the second quarter. Hexagon Capital Partners LLC now owns 2,219 shares of the company's stock valued at $45,000 after purchasing an additional 2,091 shares during the last quarter. Finally, CWM LLC lifted its position in International Game Technology by 156.7% during the second quarter. CWM LLC now owns 2,321 shares of the company's stock worth $47,000 after buying an additional 1,417 shares during the period. Institutional investors and hedge funds own 44.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on IGT. B. Riley reaffirmed a "buy" rating and set a $30.00 price objective on shares of International Game Technology in a research note on Friday, July 26th. StockNews.com lowered shares of International Game Technology from a "buy" rating to a "hold" rating in a report on Friday, September 13th. Finally, Stifel Nicolaus upped their price objective on International Game Technology from $26.00 to $30.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $28.67.

International Game Technology Stock Up 3.7 %

Shares of NYSE IGT traded up $0.75 on Wednesday, hitting $21.23. The company had a trading volume of 1,106,666 shares, compared to its average volume of 871,003. The company has a quick ratio of 0.71, a current ratio of 0.84 and a debt-to-equity ratio of 2.57. International Game Technology PLC has a 12-month low of $18.90 and a 12-month high of $29.17. The firm has a market capitalization of $4.23 billion, a P/E ratio of 20.81 and a beta of 1.96. The business has a 50 day moving average of $21.13 and a two-hundred day moving average of $20.90.

About International Game Technology

International Game Technology PLC operates and provides gaming technology products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services, as well as iLottery solutions and services.