2 weeks Ago By ABMN Staff
Dai ichi Life Insurance Company Ltd trimmed its position in shares of Flutter Entertainment plc ( NYSE:FLUT – Free Report ) by 4.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 11,400 shares of the company’s stock after selling 500 shares during the quarter.
Dai ichi Life Insurance Company Ltd’s holdings in Flutter Entertainment were worth $2,079,000 at the end of the most recent quarter. A number of other hedge funds have also bought and sold shares of the company. Capital World Investors purchased a new position in shares of Flutter Entertainment during the 1st quarter worth about $2,880,796,000.
Capital Research Global Investors purchased a new position in shares of Flutter Entertainment during the first quarter valued at approximately $2,418,032,000. Vanguard Group Inc. bought a new position in shares of Flutter Entertainment during the first quarter valued at approximately $1,578,442,000.
Capital International Investors purchased a new stake in shares of Flutter Entertainment in the first quarter worth approximately $507,170,000. Finally, Swiss National Bank bought a new stake in shares of Flutter Entertainment during the 1st quarter worth approximately $119,485,000. Analyst Upgrades and Downgrades FLUT has been the topic of a number of recent analyst reports.
Wells Fargo & Company lifted their target price on Flutter Entertainment from $218.00 to $224.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 14th.
BTIG Research lifted their price objective on shares of Flutter Entertainment from $245.00 to $249.00 and gave the company a “buy” rating in a report on Wednesday, August 14th.
Barclays began coverage on shares of Flutter Entertainment in a research note on Thursday. They issued an “overweight” rating and a $263.00 target price on the stock.
Susquehanna lifted their price target on shares of Flutter Entertainment from $222.00 to $230.00 and gave the company a “positive” rating in a research note on Wednesday, August 14th.
Finally, Benchmark reiterated a “buy” rating and issued a $255.00 price target on shares of Flutter Entertainment in a report on Wednesday, August 14th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock.
According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $246.44.
Flutter Entertainment Price Performance FLUT stock opened at $221.47 on Monday. Flutter Entertainment plc has a one year low of $148.
00 and a one year high of $226.40. The firm has a 50-day simple moving average of $203.
38 and a two-hundred day simple moving average of $199.84. Flutter Entertainment ( NYSE:FLUT – Get Free Report ) last released its quarterly earnings results on Tuesday, August 13th.
The company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $1.
26. The firm had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.
41 billion. Equities research analysts expect that Flutter Entertainment plc will post 4.75 earnings per share for the current year.
Flutter Entertainment Profile ( Free Report ) Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.
Featured Stories Want to see what other hedge funds are holding FLUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flutter Entertainment plc ( NYSE:FLUT – Free Report ). Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.
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