Moors & Cabot Inc. cut its position in shares of International Game Technology PLC (NYSE:IGT) by 13.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,310 shares of the company’s stock after selling 1,490 shares during the quarter. Moors & Cabot Inc.’s holdings in International Game Technology were worth $223,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Optimum Investment Advisors bought a new stake in shares of International Game Technology in the 2nd quarter worth approximately $34,000. Captrust Financial Advisors acquired a new stake in International Game Technology during the 1st quarter valued at $32,000. Federated Hermes Inc. purchased a new stake in shares of International Game Technology in the first quarter valued at $82,000. Nisa Investment Advisors LLC boosted its position in shares of International Game Technology by 30.1% in the second quarter. Nisa Investment Advisors LLC now owns 6,700 shares of the company’s stock worth $161,000 after buying an additional 1,550 shares during the period. Finally, Envestnet Asset Management Inc. purchased a new position in shares of International Game Technology during the first quarter valued at $188,000. 42.78% of the stock is currently owned by institutional investors.
Shares of NYSE IGT opened at $21.74 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.20 and a debt-to-equity ratio of 3.61. International Game Technology PLC has a one year low of $7.68 and a one year high of $26.43. The business has a 50-day moving average price of $20.30 and a two-hundred day moving average price of $20.45. The firm has a market capitalization of $4.45 billion, a PE ratio of 167.23 and a beta of 2.21.
About International Game Technology
International Game Technology Plc engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the Global Lottery and Global Gaming segments. The Global Lottery segment has responsibility for the worldwide traditional lottery and iLottery business, including sales, operations, product development, technology, and support.
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