Playtika Holding Corp. (NASDAQ:PLTK) Shares Acquired by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its stake in shares of Playtika Holding Corp. (NASDAQ:PLTK) by 10.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 302,102 shares of the company’s stock after acquiring an additional 29,211 shares during the quarter. O Shaughnessy Asset Management LLC owned 0.08% of Playtika worth $2,097,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Playtika by 1.2% in the 3rd quarter. FMR LLC now owns 1,339,801 shares of the company’s stock valued at $10,611,000 after purchasing an additional 15,471 shares during the period. Captrust Financial Advisors boosted its stake in shares of Playtika by 14.3% during the 3rd quarter. Captrust Financial Advisors now owns 21,474 shares of the company’s stock worth $170,000 after acquiring an additional 2,694 shares in the last quarter. Paloma Partners Management Co grew its position in shares of Playtika by 107.6% during the 3rd quarter. Paloma Partners Management Co now owns 32,720 shares of the company’s stock valued at $259,000 after acquiring an additional 16,962 shares during the period. Centiva Capital LP increased its stake in shares of Playtika by 50.4% in the 3rd quarter. Centiva Capital LP now owns 63,119 shares of the company’s stock valued at $500,000 after purchasing an additional 21,143 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Playtika by 14.3% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,137,595 shares of the company’s stock worth $9,010,000 after purchasing an additional 142,112 shares during the period. 11.94% of the stock is owned by institutional investors and hedge funds.

Playtika Price Performance

Shares of Playtika stock opened at $4.84 on Friday. Playtika Holding Corp. has a 1-year low of $3.97 and a 1-year high of $9.16. The stock has a market cap of $1.82 billion, a P/E ratio of 8.34, a P/E/G ratio of 1.69 and a beta of 0.98. The stock’s 50 day simple moving average is $5.99 and its 200-day simple moving average is $7.11.

Playtika Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend was Friday, March 21st. Playtika’s payout ratio is currently 90.91%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PLTK shares. Macquarie reduced their target price on 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 objective (down from $9.00) on shares of Playtika in a report on Friday, February 28th. Wedbush reissued an “outperform” rating and set a $11.50 target price on shares of Playtika in a research note on Wednesday, February 26th. Baird R W lowered shares of Playtika from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Citigroup cut their price objective on Playtika from $10.00 to $9.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Playtika has an average rating of “Hold” and a consensus target price of $8.09.

Playtika Company Profile

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.