Amundi Has $136,000 Stock Position in Playtika Holding Corp. (NASDAQ:PLTK)

Amundi reduced its stake in shares of Playtika Holding Corp. (NASDAQ:PLTK) by 79.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,759 shares of the company’s stock after selling 74,856 shares during the period. Amundi’s holdings in Playtika were worth $136,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Pacer Advisors Inc. raised its holdings in Playtika by 8.8% during the 3rd quarter. Pacer Advisors Inc. now owns 10,249,684 shares of the company’s stock worth $81,177,000 after buying an additional 829,372 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Playtika by 13.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,685,196 shares of the company’s stock worth $21,267,000 after buying an additional 326,890 shares during the period. FMR LLC raised its holdings in Playtika by 1.2% during the 3rd quarter. FMR LLC now owns 1,339,801 shares of the company’s stock worth $10,611,000 after buying an additional 15,471 shares during the period. State Street Corp grew its stake in shares of Playtika by 12.9% during the 3rd quarter. State Street Corp now owns 1,317,709 shares of the company’s stock worth $10,564,000 after acquiring an additional 150,878 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of Playtika by 14.3% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,137,595 shares of the company’s stock worth $9,010,000 after acquiring an additional 142,112 shares in the last quarter. 11.94% of the stock is currently owned by institutional investors and hedge funds.

Playtika Trading Down 10.3 %

NASDAQ:PLTK opened at $4.01 on Friday. Playtika Holding Corp. has a 1-year low of $3.97 and a 1-year high of $9.16. The firm has a fifty day simple moving average of $6.39 and a 200 day simple moving average of $7.27. The stock has a market capitalization of $1.51 billion, a PE ratio of 6.91, a P/E/G ratio of 1.69 and a beta of 0.98.

Playtika Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.40 annualized dividend and a dividend yield of 9.98%. Playtika’s dividend payout ratio is presently 90.91%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PLTK shares. Wedbush reaffirmed an “outperform” rating and set a $11.50 price target on shares of Playtika in a research note on Wednesday, February 26th. Macquarie decreased their price target on shares of Playtika from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Friday, February 28th. Robert W. Baird reaffirmed a “neutral” rating and set a $6.00 price target (down from $9.00) on shares of Playtika in a research note on Friday, February 28th. Baird R W cut shares of Playtika from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Citigroup decreased their price target on shares of Playtika from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.32.

About Playtika

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.