Barclays PLC Has $1.29 Million Holdings in Playtika Holding Corp. (NASDAQ:PLTK)

Barclays PLC lifted its holdings in shares of Playtika Holding Corp. (NASDAQ:PLTK) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 163,138 shares of the company’s stock after purchasing an additional 7,480 shares during the period. Barclays PLC’s holdings in Playtika were worth $1,291,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Pacer Advisors Inc. lifted its holdings in shares of Playtika by 8.8% during the third quarter. Pacer Advisors Inc. now owns 10,249,684 shares of the company’s stock worth $81,177,000 after purchasing an additional 829,372 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Playtika by 66.6% during the second quarter. AQR Capital Management LLC now owns 7,836,383 shares of the company’s stock worth $61,672,000 after purchasing an additional 3,132,272 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Playtika by 13.9% during the third 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 period. Renaissance Technologies LLC lifted its holdings in shares of Playtika by 1.6% during the second quarter. Renaissance Technologies LLC now owns 2,106,345 shares of the company’s stock worth $16,577,000 after purchasing an additional 32,802 shares during the period. Finally, FMR LLC lifted its holdings in Playtika by 1.2% in the third quarter. FMR LLC now owns 1,339,801 shares of the company’s stock valued at $10,611,000 after buying an additional 15,471 shares during the period. Institutional investors and hedge funds own 11.94% of the company’s stock.

Playtika Price Performance

PLTK stock opened at $6.77 on Monday. The stock has a market capitalization of $2.52 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 1.97 and a beta of 0.92. The company’s 50-day moving average is $7.82 and its 200-day moving average is $7.65. Playtika Holding Corp. has a 1 year low of $6.25 and a 1 year high of $9.15.

Playtika (NASDAQ:PLTK) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). Playtika had a negative return on equity of 144.73% and a net margin of 8.52%. The company had revenue of $620.80 million for the quarter, compared to the consensus estimate of $622.46 million. During the same period last year, the company earned $0.19 EPS. Playtika’s revenue for the quarter was down 1.5% compared to the same quarter last year. On average, analysts anticipate that Playtika Holding Corp. will post 0.65 earnings per share for the current fiscal year.

Playtika Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 20th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.91%. Playtika’s dividend payout ratio is presently 68.97%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PLTK shares. Roth Mkm boosted their target price on shares of Playtika from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Macquarie restated a “neutral” rating and issued a $7.00 target price on shares of Playtika in a report on Friday, November 8th. Finally, Wedbush restated an “outperform” rating and issued a $11.50 target price on shares of Playtika in a report on Thursday, September 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $9.00.

Insider Buying and Selling

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 75,923 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $7.54, for a total value of $572,459.42. Following the completion of the sale, the insider now owns 200,554,660 shares in the company, valued at approximately $1,512,182,136.40. This trade represents a 0.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 753,894 shares of company stock worth $6,239,985 in the last quarter. Insiders own 4.80% of the company’s stock.

Playtika Company Profile

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.