Truist Monetary Corp. lowered its stake in shares of Digital Arts Inc. (NASDAQ:EA – Get Ranking) by 1.8% through the 1st quarter, in keeping with its most up-to-date Type 13F submitting with the Securities and Change Fee. The agency owned 42.511 shares of the sport software program firm’s inventory after promoting 785 shares through the interval. Truist Monetary Corp’s holdings in Digital Arts have been value $5,379,000 as of its most up-to-date submitting with the Securities and Change Fee.
A number of different hedge funds and different institutional buyers additionally just lately made modifications to their positions within the firm. Black Rock Inc. raised its holdings in shares of Digital Arts by 1.9% through the fourth quarter. Black Rock Inc. now owns 23,528,573 shares of the sport software program firm’s inventory valued at $3,103,418,000 after buying an extra 436,684 shares through the interval. State Road Corp raised its holdings in shares of Digital Arts by 0.5% within the 4th quarter. State Road Corp now owns 14,178.078 shares of the sport software program firm’s inventory value $1,870,088,000 after buying an extra 74,982 shares over the past quarter. Massachusetts Monetary Providers Co. MA raised its holdings in shares of Digital Arts by 0.3% within the 4th quarter. Massachusetts Monetary Providers Co. MA now owns 10,669,159 shares of the sport software program firm’s inventory value $1,407,262,000 after buying an extra 31,062 shares over the past quarter. Geode Capital Administration LLC raised its holdings in shares of Digital Arts by 1.1% within the 4th quarter. Geode Capital Administration LLC now owns 5,007,133 shares of the sport software program firm’s inventory value $658,845,000 after buying an extra 54,417 shares over the past quarter. Lastly, Brown Advisory Inc. raised its holdings in shares of Digital Arts by 136.0% within the 4th quarter. Brown Advisory Inc. now owns 2,933,340 shares of the sport software program firm’s inventory value $386,907,000 after buying an extra 1,690,224 shares over the past quarter. Hedge funds and different institutional buyers personal 89.28% of the corporate’s inventory.
NASDAQ EA opened at $122.29 on Friday. Digital Arts Inc. has a 1 12 months low of $109.24 and a 1 12 months excessive of $147.76. The corporate has a debt-to-equity ratio of 0.25, a present ratio of 1.18 and a fast ratio of 1.18. The inventory has a market capitalization of $34.19 billion, a PE ratio of 44.31, a P/E/G ratio of two.04 and a beta of 0.84. The corporate’s 50 day easy shifting common is $128.85 and its two-hundred day easy shifting common is $128.60.
Digital Arts (NASDAQ:EA – Get Ranking) final posted its earnings outcomes on Tuesday, Might tenth. The sport software program firm reported $0.82 earnings per share (EPS) for the quarter, lacking the consensus estimate of $1.04 by ($0.22). Digital Arts had a return on fairness of 18.99% and a web margin of 11.29%. The agency had income of $1.75 billion through the quarter, in comparison with analysts’ expectations of $1.77 billion. Throughout the identical quarter within the prior 12 months, the corporate earned $0.72 earnings per share. The enterprise’s income for the quarter was up 17.5% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that Digital Arts Inc. will submit 5.51 EPS for the present 12 months.
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Wednesday, June twenty second. Stockholders of report on Wednesday, June eighth got a dividend of $0.19 per share. The ex-dividend date was Tuesday, June seventh. This represents a $0.76 annualized dividend and a dividend yield of 0.62%. It is a increase from Digital Arts’s earlier quarterly dividend of $0.17. Digital Arts’ dividend payout ratio (DPR) is 27.54%.
In associated information, insider Vijayanthimala Singh offered 800 shares of the inventory in a transaction on Monday, Might 2nd. The shares have been offered at a mean value of $118.75, for a complete transaction of $95,000.00. Following the transaction, the insider now owns 19,517 shares of the corporate’s inventory, valued at roughly $2,317,643.75. The transaction was disclosed in a authorized submitting with the SEC, which is offered by the SEC web site. Additionally, COO Laura Miele offered 11,775 shares of the inventory in a transaction on Friday, July 1st. The shares have been offered at a mean value of $121.93, for a complete transaction of $1,435,725.75. Following the transaction, the chief working officer now immediately owns 35,200 shares within the firm, valued at roughly $4,291,936. The disclosure for this sale will be discovered right here. Within the final 90 days, insiders have offered 60,295 shares of firm inventory value $7,732,812. Company insiders personal 0.37% of the corporate’s inventory.
A lot of analysis corporations just lately weighed in on EA. Deutsche Financial institution Aktiengesellschaft lowered their goal value on shares of Digital Arts from $170.00 to $165.00 in a report on Wednesday, Might eleventh. Raymond James lowered their value goal on shares of Digital Arts from $158.00 to $150.00 in a analysis report on Wednesday, Might eleventh. Credit score Suisse Group lowered their value goal on shares of Digital Arts from $169.00 to $162.00 in a analysis report on Wednesday, Might eleventh. TheStreet raised shares of Digital Arts from a “c+” ranking to a “b” ranking in a analysis report on Friday, Might twentieth. Lastly, Robert W. Baird lowered their value goal on shares of Digital Arts from $165.00 to $140.00 in a analysis report on Wednesday, Might eleventh. 5 analysts have rated the inventory with a maintain ranking and fourteen have given a purchase ranking to the inventory. In response to knowledge from MarketBeat.com, the inventory at present has a consensus ranking of “Reasonable Purchase” and a consensus goal value of $154.55.
About Digital Arts (Get Ranking)
Digital Arts Inc. develops, markets, publishes, and distributes video games, content material, and companies for sport consoles, PCs, cellphones, and tablets worldwide. It develops and publishes video games and companies throughout numerous genres, resembling sports activities, racing, first-person shooter, motion, role-playing, and simulation primarily underneath the Battlefield, The Sims, Apex Legends, Want for Pace, and license video games from others , together with FIFA, Madden NFL, UFC, and Star Wars manufacturers.
Learn Extra
Need Extra Nice Investing Concepts?
Obtain Information & Scores for Digital Arts Every day – Enter your electronic mail tackle beneath to obtain a concise every day abstract of the newest information and analysts’ scores for Digital Arts and associated corporations with MarketBeat.com’s FREE every day electronic mail publication.