Flutter Entertainment plc (NYSE:FLUT) Shares Bought by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC boosted its stake in shares of Flutter Entertainment plc (NYSE:FLUT) by 225.0% in the fourth quarter, HoldingsChannel reports. The firm owned 650 shares of the company’s stock after purchasing an additional 450 shares during the quarter. Game Plan Financial Advisors LLC’s holdings in Flutter Entertainment were worth $168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLUT. Jennison Associates LLC bought a new stake in shares of Flutter Entertainment in the 4th quarter worth $239,306,000. Vestcor Inc purchased a new position in Flutter Entertainment in the third quarter valued at about $815,000. Benson Investment Management Company Inc. purchased a new position in Flutter Entertainment in the fourth quarter valued at about $5,116,000. Sanctuary Advisors LLC purchased a new position in Flutter Entertainment in the third quarter valued at about $802,000. Finally, Mediolanum International Funds Ltd lifted its position in shares of Flutter Entertainment by 157.4% in the fourth quarter. Mediolanum International Funds Ltd now owns 45,304 shares of the company’s stock worth $11,677,000 after buying an additional 27,701 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have commented on the company. Benchmark upped their price target on Flutter Entertainment from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Susquehanna cut their price target on Flutter Entertainment from $322.00 to $317.00 and set a “positive” rating on the stock in a research note on Wednesday, January 8th. Barclays increased their target price on Flutter Entertainment from $275.00 to $301.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Wells Fargo & Company decreased their price objective on Flutter Entertainment from $300.00 to $285.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, Macquarie assumed coverage on Flutter Entertainment in a report on Wednesday, December 11th. They set an “outperform” rating and a $340.00 price target for the company. Seventeen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $305.38.

Flutter Entertainment Stock Performance

Shares of NYSE FLUT opened at $298.88 on Friday. The firm’s 50-day moving average price is $265.51 and its 200-day moving average price is $243.00. Flutter Entertainment plc has a 1-year low of $174.03 and a 1-year high of $299.73. 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 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.