WINTON GROUP Ltd Purchases Shares of 96,023 PLAYSTUDIOS, Inc. (NASDAQ:MYPS)

WINTON GROUP Ltd acquired a new position in PLAYSTUDIOS, Inc. (NASDAQ:MYPS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 96,023 shares of the company’s stock, valued at approximately $179,000. WINTON GROUP Ltd owned about 0.08% of PLAYSTUDIOS as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MYPS. Geode Capital Management LLC raised its position in PLAYSTUDIOS by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,211,020 shares of the company’s stock worth $3,339,000 after purchasing an additional 215,347 shares during the period. State Street Corp increased its holdings in shares of PLAYSTUDIOS by 0.7% in the third quarter. State Street Corp now owns 1,733,679 shares of the company’s stock worth $2,618,000 after buying an additional 12,472 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of PLAYSTUDIOS by 932.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,321,015 shares of the company’s stock valued at $1,995,000 after acquiring an additional 1,193,071 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in PLAYSTUDIOS by 0.9% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 713,907 shares of the company’s stock valued at $1,328,000 after acquiring an additional 6,281 shares during the period. Finally, Barclays PLC lifted its position in PLAYSTUDIOS by 55.9% in the third quarter. Barclays PLC now owns 234,332 shares of the company’s stock valued at $354,000 after purchasing an additional 84,058 shares during the last quarter. Hedge funds and other institutional investors own 37.52% of the company’s stock.

PLAYSTUDIOS Stock Down 3.1 %

Shares of MYPS opened at $1.27 on Tuesday. PLAYSTUDIOS, Inc. has a twelve month low of $1.14 and a twelve month high of $3.04. The company has a market capitalization of $169.50 million, a P/E ratio of -6.68, a price-to-earnings-growth ratio of 17.60 and a beta of 0.81. The firm has a 50 day moving average of $1.59 and a 200 day moving average of $1.67.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MYPS. Benchmark reiterated a “hold” rating on shares of PLAYSTUDIOS in a report on Tuesday, March 11th. JPMorgan Chase & Co. restated an “underweight” rating on shares of PLAYSTUDIOS in a research note on Wednesday, December 18th. Finally, Macquarie lowered their price objective on PLAYSTUDIOS from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $3.20.

PLAYSTUDIOS Profile

PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.