Liontrust Investment Partners LLP Has Reduces its Stake in Electronic Arts Inc.

According to the most recent Securities and Exchange Commission filing by Liontrust Investment Partners LLP, the firm's holdings in Electronic Arts INC (NASDAQ: EA) were cut by 35.2% during the third quarter.

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After selling 93,366 shares of the gaming software company's stock during the quarter, the institutional investor now owns 171,845 shares of the company's stock.

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This boosts the investor's total number of shares to 171,845.

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After the most recent reporting period, Liontrust Investment Partners LLP owned around 0.06% of Electronic Arts, which was worth $19,884,000 to the firm.

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Transactions involving the company's equity have recently happened with other hedge funds. The company was involved in these deals. Northern Oak Financial Management INC raised its holdings in Electronic Arts during the second quarter of the fiscal year by acquiring extra shares, resulting in a value increase of roughly $25,000.

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During the third quarter of the fiscal year, Ameliora Wealth Management Ltd paid roughly $29,000 to acquire a new investment in Electronic Arts.

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MCF Advisors LLC grew its holdings in Electronic Arts by 2,500% during the third quarter compared to the previous quarter's total. MCF Advisors LLC now owns 260 shares of the gaming software firm after purchasing an additional 250 shares during the most recent fiscal quarter. Each share is worth $30,000 and may be sold for a profit.

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During the second quarter, Neo Ivy Capital Management increased the number of its assets composed of Electronic Arts by 70.1%. Neo Ivy Capital Management now owns 262 shares of the gaming software company after acquiring 108 more during the most recent quarter.

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The stock is currently worth $31,000, and Neo Ivy Capital Management has $31,000 in holdings.

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Riverview Trust Corporation invested around $32,000 in Electronic Arts as part of a new transaction completed near the conclusion of the third quarter.

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Institutional investors and hedge funds own 89.46% of the company's total shares, constituting the majority of stockholders.

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On Friday, the price of a share of Electronic Arts stock jumped by $0.55 to $112.84 in the middle of the trading day.

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The number of shares traded in the company's stock was much lower than its average volume of 2,679,278 (562,691).

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The market capitalization of the firm is $31.15 billion, and the P/E/G ratio is 8.23.

Its beta value is 0.86, and it has a beta value of 0.86.

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Electronic Arts INC's stock price has witnessed a high and a low of the same amount in the last 52 weeks, which is $142.79.

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The current ratio, quick ratio, and debt-to-current assets ratio are all 1.23, while the debt-to-current assets ratio is 0.25.

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The stock's moving average over the previous 200 days is $123.48, and its moving average over the last 50 days is $119.32.

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The findings of Electronic Arts' most recent quarterly earnings report were made public on Tuesday, January 31.

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The gaming software company recorded a total quarterly profit of $0.73, which was $1.89 less than the $2.62 average expectation.

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Analysts anticipate the company's sales for the upcoming quarter to range from $2.50 billion to $2.34 billion, which is a rather broad range.

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Electronic Arts' return on equity was 14.38%, while the company's net margin was 14.08%. In comparison to the same quarter the previous year, overall revenue for the current quarter was 9.1% lower.

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During the same period in the previous year's operations, the business earned $2.80 per share. Electronic Arts INC is expected to earn $4.44 per share this fiscal year, according to sell-side analysts.

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The company also just declared a quarterly dividend that will be paid out on March 22. The dividend payment of $0.19 will be delivered to registered investors on March 1.

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Tuesday, February 28, will no longer be included in the calculation of future dividend accumulation.

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This yields an investment return of 0.67 percent and an annual dividend payout of $0.76.

For Electronic Arts, a dividend payout ratio (DPR) of 20.49 percent has been established.

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Financial analysts have shared their thoughts on a range of subjects relating to the EA stock.

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Bank of America reduced its target price for Electronic Arts from $155.00 to $130.00 in a research report released on February 1.

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From a "buy" rating to a "neutral" one, it degraded the firm. In a research note published on February 1st, Wells Fargo & Company said that they had cut their price objective for Electronic Arts shares from $150.00 to $120.00 and that they now had an "equal weight" rating on the firm.

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The study was released on February 1.

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On February 1, KeyCorp decreased its price objective for Electronic Arts from $155.00 to $138.00 in a research report.

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The previous pricing objective was $155.00.

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An "overweight" rating for the stock has remained in place despite this change, according to the firm.

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In a research report released on February 1st, Morgan Stanley rated Electronic Arts as "equal weight," which led the company to drop its price objective from $140.00 to $130.00.

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Last but not least, in a research note released on Thursday, February 2, BMO Capital Markets reduced its price objective on Electronic Arts from $154.00 to $150.00.

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The business nonetheless gave the stock a "outperform" rating after making this change.

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Ten stock experts advised investors to hold onto their current stock holdings, while thirteen stock analysts advised investors to purchase the stock.

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The company is generally rated as a "Moderate Buy," and the price target of $135.54 is thought to be the consensus price target for the stock, according to data from Trade Algo.

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