Flutter Entertainment plc (NYSE:FLUT) Shares Bought by UMB Bank n.a.

UMB Bank n.a. grew its position in Flutter Entertainment plc (NYSE:FLUT) by 58.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135 shares of the company’s stock after buying an additional 50 shares during the quarter. UMB Bank n.a.’s holdings in Flutter Entertainment were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vestcor Inc purchased a new position in shares of Flutter Entertainment in the third quarter valued at approximately $815,000. Benson Investment Management Company Inc. purchased a new stake in shares of Flutter Entertainment during the 4th quarter worth $5,116,000. Sanctuary Advisors LLC acquired a new position in shares of Flutter Entertainment during the third quarter worth $802,000. Raymond James & Associates increased its holdings in Flutter Entertainment by 10.0% in the third quarter. Raymond James & Associates now owns 18,348 shares of the company’s stock valued at $4,354,000 after buying an additional 1,663 shares during the last quarter. Finally, Geode Capital Management LLC purchased a new stake in Flutter Entertainment during the 3rd quarter worth about $436,599,000.

Flutter Entertainment Price Performance

NYSE:FLUT opened at $267.27 on Friday. Flutter Entertainment plc has a twelve month low of $174.03 and a twelve month high of $284.79. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a 50-day moving average price of $266.52 and a two-hundred day moving average price of $235.64.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group assumed coverage on Flutter Entertainment in a research note on Friday, November 22nd. They set a “buy” rating and a $320.00 target price for the company. Susquehanna dropped their target price on Flutter Entertainment from $322.00 to $317.00 and set a “positive” rating on the stock in a report on Wednesday, January 8th. Stifel Nicolaus initiated coverage on Flutter Entertainment in a report on Friday, January 17th. They set a “buy” rating and a $320.00 price target for the company. Craig Hallum raised their target price on shares of Flutter Entertainment from $275.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, JMP Securities increased their price target on shares of Flutter Entertainment from $299.00 to $311.00 and gave the stock a “market outperform” rating in a report on Monday, January 6th. Seventeen investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $304.44.

Flutter Entertainment 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.