Kera Capital Partners Inc. Invests $70,000 in Playtika Holding Corp. (NASDAQ:PLTK)

Kera Capital Partners Inc. bought a new stake in shares of Playtika Holding Corp. (NASDAQ:PLTK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,070 shares of the company’s stock, valued at approximately $70,000.

Several other large investors also recently added to or reduced their stakes in the business. KBC Group NV raised its stake in Playtika by 19.3% during the 3rd quarter. KBC Group NV now owns 7,820 shares of the company’s stock worth $62,000 after acquiring an additional 1,266 shares during the period. Captrust Financial Advisors increased its stake in shares of Playtika by 14.3% in the third quarter. Captrust Financial Advisors now owns 21,474 shares of the company’s stock worth $170,000 after purchasing an additional 2,694 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Playtika by 146.0% during the 4th quarter. GAMMA Investing LLC now owns 4,903 shares of the company’s stock valued at $34,000 after purchasing an additional 2,910 shares during the period. SG Americas Securities LLC lifted its stake in shares of Playtika by 3.3% during the 3rd quarter. SG Americas Securities LLC now owns 99,306 shares of the company’s stock valued at $787,000 after buying an additional 3,206 shares in the last quarter. Finally, Versant Capital Management Inc boosted its holdings in Playtika by 148.7% in the 4th quarter. Versant Capital Management Inc now owns 5,847 shares of the company’s stock worth $41,000 after buying an additional 3,496 shares during the period. 11.94% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 75,923 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $7.54, for a total value of $572,459.42. Following the transaction, the insider now directly owns 200,554,660 shares in the company, valued at $1,512,182,136.40. This 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 this hyperlink. Insiders have sold a total of 753,894 shares of company stock worth $6,239,985 over the last quarter. Company insiders own 4.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on PLTK. Macquarie restated a “neutral” rating and issued a $7.00 price objective on shares of Playtika in a research report on Friday, November 8th. Roth Mkm boosted their price target on Playtika from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $9.11.

Playtika Price Performance

NASDAQ:PLTK opened at $7.00 on Monday. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 1.65 and a beta of 0.92. Playtika Holding Corp. has a 1 year low of $6.25 and a 1 year high of $9.15. The stock’s 50 day simple moving average is $7.70 and its two-hundred day simple moving average is $7.63.

Playtika (NASDAQ:PLTK) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.07). Playtika had a negative return on equity of 144.73% and a net margin of 8.52%. The firm had revenue of $620.80 million during the quarter, compared to analysts’ expectations of $622.46 million. During the same period last year, the company earned $0.19 earnings per share. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. As a group, analysts anticipate that Playtika Holding Corp. will post 0.65 EPS for the current year.

Playtika Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 20th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 5.71%. The ex-dividend date of this dividend was Friday, December 20th. Playtika’s dividend payout ratio (DPR) is presently 68.97%.

About Playtika

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.