Sanctuary Advisors LLC Has $1.09 Million Stock Holdings in Flutter Entertainment plc (NYSE:FLUT)

Sanctuary Advisors LLC boosted its holdings in Flutter Entertainment plc (NYSE:FLUT) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,002 shares of the company’s stock after purchasing an additional 622 shares during the period. Sanctuary Advisors LLC’s holdings in Flutter Entertainment were worth $1,089,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Raleigh Capital Management Inc. bought a new stake in shares of Flutter Entertainment during the 4th quarter valued at about $26,000. BOCHK Asset Management Ltd purchased a new stake in Flutter Entertainment in the fourth quarter valued at approximately $26,000. Harbor Investment Advisory LLC lifted its position in Flutter Entertainment by 64.1% during the fourth quarter. Harbor Investment Advisory LLC now owns 128 shares of the company’s stock valued at $33,000 after purchasing an additional 50 shares during the last quarter. UMB Bank n.a. grew its stake in Flutter Entertainment by 58.8% in the 4th quarter. UMB Bank n.a. now owns 135 shares of the company’s stock worth $35,000 after buying an additional 50 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in Flutter Entertainment in the 4th quarter worth approximately $39,000.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FLUT. Susquehanna dropped their target price on Flutter Entertainment from $322.00 to $317.00 and set a “positive” rating for the company in a research report on Wednesday, January 8th. Stifel Nicolaus initiated coverage on shares of Flutter Entertainment in a research note on Friday, January 17th. They issued a “buy” rating and a $320.00 price objective for the company. Oppenheimer boosted their price target on shares of Flutter Entertainment from $300.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Wells Fargo & Company cut their price target on shares of Flutter Entertainment from $300.00 to $285.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group assumed coverage on Flutter Entertainment in a report on Friday, November 22nd. They issued a “buy” rating and a $320.00 price objective on the stock. Eighteen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Flutter Entertainment currently has an average rating of “Buy” and an average price target of $307.88.

Flutter Entertainment Trading Up 4.8 %

Shares of NYSE:FLUT opened at $273.01 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66. Flutter Entertainment plc has a twelve month low of $174.03 and a twelve month high of $299.73. The company’s 50 day moving average is $266.53 and its 200 day moving average is $248.20.

Flutter Entertainment Company Profile

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.