Today: Today, Wells Fargo & Company MN invests in Scientific Games Corp. (SGMS) Shares

Today, Wells Fargo & Company MN invests in Scientific Games Corp. (SGMS) Shares

Wells Fargo & Company MN increased its position in Scientific Games Corp. (NASDAQ:SGMS) by 12.3% during the third quarter, according to its most recent filing with the SEC. The fund owned 1,408,721 shares of the company’s stock after buying an additional 153,787 shares during the period. Wells Fargo & Company MN owned approximately 1.61% of Scientific Games Corp. worth $15,876,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Group LTD boosted its position in Scientific Games Corp. by 14.6% in the first quarter. BlackRock Group LTD now owns 89,645 shares of the company’s stock worth $845,000 after buying an additional 11,404 shares during the last quarter. Oxford Asset Management acquired a new position in shares of Scientific Games Corp. during the second quarter valued at about $2,405,000. Alambic Investment Management L.P. boosted its position in shares of Scientific Games Corp. by 104.6% in the second quarter. Alambic Investment Management L.P. now owns 176,126 shares of the company’s stock valued at $1,619,000 after buying an additional 90,060 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Scientific Games Corp. by 3.7% in the second quarter. Principal Financial Group Inc. now owns 356,549 shares of the company’s stock valued at $3,277,000 after buying an additional 12,842 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Scientific Games Corp. by 24.0% in the second quarter. California Public Employees Retirement System now owns 255,862 shares of the company’s stock valued at $2,351,000 after buying an additional 49,600 shares during the last quarter. Hedge funds and other institutional investors own 66.36% of the company’s stock.

Scientific Games Corp. (NASDAQ:SGMS) traded up 2.03% during mid-day trading on Friday, hitting $15.05. 361,098 shares of the stock were exchanged. The firm’s market cap is $1.32 billion. The company has a 50 day moving average of $13.01 and a 200 day moving average of $10.51. Scientific Games Corp. has a 12-month low of $4.56 and a 12-month high of $15.15.

Scientific Games Corp. (NASDAQ:SGMS) last issued its quarterly earnings data on Thursday, November 3rd. The company reported ($1.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.84) by $0.29. The company had revenue of $720 million for the quarter, compared to analysts’ expectations of $709.40 million. During the same quarter in the prior year, the business posted ($7.88) EPS. On average, equities analysts anticipate that Scientific Games Corp. will post ($3.76) earnings per share for the current fiscal year.

Several research analysts have issued reports on the stock. TheStreet upgraded shares of Scientific Games Corp. from a “sell” rating to a “hold” rating in a report on Monday, November 7th. Zacks Investment Research cut shares of Scientific Games Corp. from a “hold” rating to a “sell” rating in a report on Monday, October 17th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $9.60.

In related news, Director David L. Kennedy sold 100,000 shares of the business’s stock in a transaction dated Friday, September 16th. The shares were sold at an average price of $10.49, for a total value of $1,049,000.00. Following the sale, the director now directly owns 121,765 shares in the company, valued at approximately $1,277,314.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 42.03% of the stock is currently owned by corporate insiders.

Scientific Games Corp. Company Profile

Related posts

Leave a Comment