46,167 Shares in Playtika Holding Corp. (NASDAQ:PLTK) Purchased by AGF Management Ltd.

AGF Management Ltd. bought a new stake in shares of Playtika Holding Corp. (NASDAQ:PLTK) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 46,167 shares of the company’s stock, valued at approximately $320,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. GAMMA Investing LLC increased its holdings in Playtika by 146.0% during the 4th quarter. GAMMA Investing LLC now owns 4,903 shares of the company’s stock worth $34,000 after acquiring an additional 2,910 shares during the period. Versant Capital Management Inc grew its position in shares of Playtika by 148.7% during the 4th quarter. Versant Capital Management Inc now owns 5,847 shares of the company’s stock valued at $41,000 after purchasing an additional 3,496 shares in the last quarter. Neo Ivy Capital Management purchased a new position in shares of Playtika during the 3rd quarter valued at $56,000. R Squared Ltd bought a new position in shares of Playtika in the fourth quarter worth $57,000. Finally, KBC Group NV raised its position in shares of Playtika by 19.3% in the third quarter. KBC Group NV now owns 7,820 shares of the company’s stock worth $62,000 after buying an additional 1,266 shares in the last quarter. 11.94% of the stock is currently owned by institutional investors.

Playtika Stock Down 1.1 %

Playtika stock opened at $4.58 on Friday. The firm has a fifty day simple moving average of $6.63 and a two-hundred day simple moving average of $7.38. Playtika Holding Corp. has a twelve month low of $4.58 and a twelve month high of $9.16. The company has a market capitalization of $1.72 billion, a PE ratio of 7.90, a P/E/G ratio of 1.69 and a beta of 0.98.

Playtika Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 8.73%. The ex-dividend date is Friday, March 21st. Playtika’s dividend payout ratio is presently 90.91%.

Analyst Ratings Changes

A number of brokerages have weighed in on PLTK. Citigroup decreased their target price on Playtika from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Wedbush restated an “outperform” rating and issued a $11.50 price objective on shares of Playtika in a research report on Wednesday, February 26th. Robert W. Baird reiterated a “neutral” rating and set a $6.00 target price (down from $9.00) on shares of Playtika in a research report on Friday, February 28th. Baird R W lowered shares of Playtika from a “strong-buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Macquarie cut their target price on shares of Playtika from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Friday, February 28th. Six investment 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 presently has a consensus rating of “Hold” and an average price target of $8.32.

Insider Buying and Selling

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 75,923 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $7.54, for a total value of $572,459.42. Following the sale, the insider now owns 200,554,660 shares of the company’s stock, valued at $1,512,182,136.40. This trade represents a 0.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.80% of the stock is owned by corporate insiders.

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.