Yousif Capital Management LLC Has $912,000 Position in Flutter Entertainment plc (NYSE:FLUT)

Yousif Capital Management LLC lifted its position in shares of Flutter Entertainment plc (NYSE:FLUT) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,530 shares of the company’s stock after acquiring an additional 245 shares during the period. Yousif Capital Management LLC’s holdings in Flutter Entertainment were worth $912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in FLUT. Harbor Investment Advisory LLC boosted its holdings in shares of Flutter Entertainment by 64.1% in the 4th quarter. Harbor Investment Advisory LLC now owns 128 shares of the company’s stock valued at $33,000 after purchasing an additional 50 shares in the last quarter. UMB Bank n.a. boosted its stake in Flutter Entertainment by 58.8% in the fourth quarter. UMB Bank n.a. now owns 135 shares of the company’s stock valued at $35,000 after buying an additional 50 shares in the last quarter. Ritholtz Wealth Management grew its position in Flutter Entertainment by 3.5% in the fourth quarter. Ritholtz Wealth Management now owns 1,725 shares of the company’s stock valued at $446,000 after acquiring an additional 59 shares during the last quarter. US Bancorp DE raised its stake in Flutter Entertainment by 71.7% during the third quarter. US Bancorp DE now owns 237 shares of the company’s stock worth $56,000 after acquiring an additional 99 shares in the last quarter. Finally, Raleigh Capital Management Inc. bought a new position in shares of Flutter Entertainment in the fourth quarter worth about $26,000.

Flutter Entertainment Stock Up 5.9 %

Shares of NYSE FLUT opened at $298.88 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.89 and a quick ratio of 0.89. The company’s fifty day simple moving average is $265.14 and its 200 day simple moving average is $241.92. Flutter Entertainment plc has a 12-month low of $174.03 and a 12-month high of $299.73.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FLUT. UBS Group upped their price objective on shares of Flutter Entertainment from $320.00 to $335.00 and gave the stock a “buy” rating in a research report on Tuesday, January 28th. Macquarie started coverage on Flutter Entertainment in a report on Wednesday, December 11th. They set an “outperform” rating and a $340.00 price objective on the stock. Susquehanna lowered their target price on Flutter Entertainment from $322.00 to $317.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. Benchmark lifted their price target on Flutter Entertainment from $265.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, JMP Securities raised their price objective on shares of Flutter Entertainment from $299.00 to $311.00 and gave the company a “market outperform” rating in a report on Monday, January 6th. Seventeen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Flutter Entertainment has an average rating of “Buy” and a consensus target price of $305.38.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.