WINTON GROUP Ltd Takes $179,000 Position in PLAYSTUDIOS, Inc. (NASDAQ:MYPS)

WINTON GROUP Ltd acquired a new stake in shares of PLAYSTUDIOS, Inc. (NASDAQ:MYPS) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 96,023 shares of the company’s stock, valued at approximately $179,000.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in PLAYSTUDIOS by 10.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,211,020 shares of the company’s stock valued at $3,339,000 after buying an additional 215,347 shares during the last quarter. State Street Corp increased its position in PLAYSTUDIOS by 0.7% during the third quarter. State Street Corp now owns 1,733,679 shares of the company’s stock valued at $2,618,000 after acquiring an additional 12,472 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in PLAYSTUDIOS by 932.5% in the third quarter. JPMorgan Chase & Co. now owns 1,321,015 shares of the company’s stock valued at $1,995,000 after acquiring an additional 1,193,071 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in PLAYSTUDIOS by 0.9% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 713,907 shares of the company’s stock worth $1,328,000 after purchasing an additional 6,281 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of PLAYSTUDIOS by 55.9% during the 3rd quarter. Barclays PLC now owns 234,332 shares of the company’s stock valued at $354,000 after purchasing an additional 84,058 shares during the period. 37.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Benchmark reiterated a “hold” rating on shares of PLAYSTUDIOS in a research note on Tuesday, March 11th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of PLAYSTUDIOS in a research note on Wednesday, December 18th. Finally, Macquarie reduced their price objective on PLAYSTUDIOS from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $3.20.

PLAYSTUDIOS Price Performance

Shares of NASDAQ MYPS opened at $1.27 on Tuesday. The stock has a market cap of $169.50 million, a PE ratio of -6.68, a price-to-earnings-growth ratio of 17.60 and a beta of 0.81. PLAYSTUDIOS, Inc. has a 1 year low of $1.14 and a 1 year high of $3.04. The firm has a fifty day moving average price of $1.59 and a 200-day moving average price of $1.67.

PLAYSTUDIOS Profile

PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.