Lucia Wealth Services LLC increased its holdings in SciPlay Co. (NASDAQ:SCPL) by 23.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,611 shares of the company’s stock after acquiring an additional 2,623 shares during the period. Lucia Wealth Services LLC’s holdings in SciPlay were worth $221,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. California Public Employees Retirement System increased its stake in SciPlay by 2.4% in the 3rd quarter. California Public Employees Retirement System now owns 51,707 shares of the company’s stock valued at $839,000 after buying an additional 1,200 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of SciPlay by 21.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 16,451 shares of the company’s stock valued at $246,000 after acquiring an additional 2,862 shares during the period. First Trust Advisors LP grew its position in shares of SciPlay by 7.6% during the 2nd quarter. First Trust Advisors LP now owns 45,556 shares of the company’s stock valued at $676,000 after acquiring an additional 3,216 shares during the period. Wells Fargo & Company MN grew its position in shares of SciPlay by 10.6% during the 3rd quarter. Wells Fargo & Company MN now owns 36,428 shares of the company’s stock valued at $591,000 after acquiring an additional 3,477 shares during the period. Finally, Tudor Investment Corp Et Al grew its position in shares of SciPlay by 37.2% during the 2nd quarter. Tudor Investment Corp Et Al now owns 14,818 shares of the company’s stock valued at $220,000 after acquiring an additional 4,019 shares during the period. Institutional investors own 16.74% of the company’s stock.
Several research firms recently commented on SCPL. Royal Bank of Canada reaffirmed a “hold” rating and issued a $16.00 price objective on shares of SciPlay in a report on Sunday, July 26th. Bank of America upgraded shares of SciPlay from a “neutral” rating to a “buy” rating and raised their price objective for the company from $16.00 to $17.00 in a research report on Thursday, November 5th. ValuEngine cut shares of SciPlay from a “hold” rating to a “sell” rating in a research report on Tuesday, September 1st. Zacks Investment Research upgraded shares of SciPlay from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 23rd. Finally, BidaskClub upgraded shares of SciPlay from a “sell” rating to a “hold” rating in a research report on Tuesday, September 22nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. SciPlay currently has an average rating of “Hold” and an average target price of $14.95.
Shares of SCPL stock traded down $0.22 during mid-day trading on Tuesday, reaching $13.02. The stock had a trading volume of 1,413 shares, compared to its average volume of 576,536. The stock’s 50-day moving average price is $14.80 and its two-hundred day moving average price is $14.21. SciPlay Co. has a 52-week low of $5.82 and a 52-week high of $18.50. The firm has a market capitalization of $1.67 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 0.92 and a beta of 0.25.
SciPlay (NASDAQ:SCPL) last released its quarterly earnings data on Monday, November 9th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.05). SciPlay had a net margin of 3.39% and a return on equity of 7.10%. The firm had revenue of $151.20 million during the quarter, compared to analysts’ expectations of $147.64 million. Equities analysts forecast that SciPlay Co. will post 0.97 earnings per share for the current year.
SciPlay Company Profile
SciPlay Corporation develops and publishes digital games on mobile and Web platforms worldwide. The company offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots.
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