Electronic Arts Inc. (NASDAQ:EA) Shares Bought by Stephens Inc. AR

Stephens Inc. AR grew its holdings in shares of Electronic Arts Inc. (NASDAQ:EA) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,337 shares of the game software company’s stock after purchasing an additional 585 shares during the quarter. Stephens Inc. AR’s holdings in Electronic Arts were worth $781,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EA. CWM LLC boosted its stake in Electronic Arts by 1.5% during the 3rd quarter. CWM LLC now owns 6,302 shares of the game software company’s stock worth $904,000 after purchasing an additional 95 shares during the last quarter. Creative Planning boosted its position in shares of Electronic Arts by 5.3% during the 3rd quarter. Creative Planning now owns 26,676 shares of the game software company’s stock valued at $3,826,000 after acquiring an additional 1,351 shares during the last quarter. Sumitomo Life Insurance Co. boosted its position in shares of Electronic Arts by 3.0% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 6,435 shares of the game software company’s stock valued at $923,000 after acquiring an additional 187 shares during the last quarter. Vontobel Holding Ltd. boosted its position in shares of Electronic Arts by 7.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 68,304 shares of the game software company’s stock valued at $9,798,000 after acquiring an additional 4,639 shares during the last quarter. Finally, Walter Public Investments Inc. boosted its position in shares of Electronic Arts by 31.1% during the 3rd quarter. Walter Public Investments Inc. now owns 114,508 shares of the game software company’s stock valued at $16,425,000 after acquiring an additional 27,161 shares during the last quarter. Institutional investors and hedge funds own 90.23% of the company’s stock.

Electronic Arts Stock Down 1.0 %

Shares of NASDAQ:EA opened at $129.82 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 1.43. The firm has a market capitalization of $33.83 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 2.74 and a beta of 0.79. The firm’s 50-day moving average is $141.18 and its two-hundred day moving average is $147.02. Electronic Arts Inc. has a 1 year low of $115.21 and a 1 year high of $168.50.

Electronic Arts (NASDAQ:EA) last issued its quarterly earnings results on Tuesday, February 4th. The game software company reported $2.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.41 by ($1.07). Electronic Arts had a return on equity of 17.80% and a net margin of 14.28%. Analysts predict that Electronic Arts Inc. will post 4.99 EPS for the current year.

Electronic Arts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, February 26th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $0.76 dividend on an annualized basis and a yield of 0.59%. Electronic Arts’s dividend payout ratio (DPR) is presently 19.34%.

Insiders Place Their Bets

In related news, insider Laura Miele sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $130.83, for a total transaction of $327,075.00. Following the sale, the insider now directly owns 47,514 shares in the company, valued at approximately $6,216,256.62. This represents a 5.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew Wilson sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $166.47, for a total transaction of $832,350.00. Following the sale, the chief executive officer now owns 52,615 shares in the company, valued at $8,758,819.05. The trade was a 8.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 24,500 shares of company stock worth $3,644,635 over the last three months. Company insiders own 0.22% of the company’s stock.

Wall Street Analyst Weigh In

EA has been the topic of several recent research reports. DZ Bank raised shares of Electronic Arts from a “hold” rating to a “buy” rating and boosted their price target for the company from $135.00 to $177.00 in a research report on Thursday, October 31st. BMO Capital Markets lowered their price target on shares of Electronic Arts from $145.00 to $142.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 5th. Stifel Nicolaus lowered their price target on shares of Electronic Arts from $167.00 to $159.00 and set a “hold” rating on the stock in a research report on Tuesday, January 21st. StockNews.com cut shares of Electronic Arts from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 5th. Finally, Robert W. Baird lowered their price target on shares of Electronic Arts from $175.00 to $158.00 and set an “outperform” rating on the stock in a research report on Thursday, January 23rd. Twelve analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $155.24.

About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.