Levin Capital Strategies L.P. Acquires Shares of 14,000 Playtika Holding Corp. (NASDAQ:PLTK)

Levin Capital Strategies L.P. acquired a new stake in Playtika Holding Corp. (NASDAQ:PLTK) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,000 shares of the company’s stock, valued at approximately $381,000.

Several other institutional investors have also added to or reduced their stakes in PLTK. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Playtika in the first quarter valued at $46,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Playtika during the first quarter valued at about $47,000. Treasurer of the State of North Carolina bought a new position in shares of Playtika during the first quarter valued at about $761,000. Finally, Alamar Capital Management LLC bought a new position in shares of Playtika during the first quarter valued at about $1,661,000.

A number of research firms recently weighed in on PLTK. MKM Partners began coverage on shares of Playtika in a research report on Wednesday, March 31st. They set a “buy” rating on the stock. The Goldman Sachs Group began coverage on shares of Playtika in a report on Tuesday, February 9th. They set a “buy” rating and a $35.00 price objective for the company. Morgan Stanley raised their price objective on shares of Playtika from $35.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, March 4th. Cowen began coverage on shares of Playtika in a report on Wednesday, February 10th. They set an “outperform” rating and a $42.00 price objective for the company. Finally, Robert W. Baird began coverage on shares of Playtika in a report on Tuesday, February 9th. They set an “outperform” rating and a $38.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $36.58.

Shares of NASDAQ:PLTK opened at $25.20 on Monday. The company’s 50 day moving average price is $26.75. Playtika Holding Corp. has a 12 month low of $23.13 and a 12 month high of $36.06.

Playtika (NASDAQ:PLTK) last issued its quarterly earnings data on Monday, May 10th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.08). The company had revenue of $638.90 million for the quarter, compared to the consensus estimate of $577.07 million. Playtika’s revenue was up 19.6% on a year-over-year basis.

Playtika Profile

Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company owns a portfolio of casual and casino-themed games. It distributes its games to the end customer through various web and mobile platforms, such as Apple, Facebook, Google, and other web and mobile platforms and its own proprietary platforms.

Read More: SEC Filing

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Institutional Ownership by Quarter for Playtika (NASDAQ:PLTK)

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