Signaturefd LLC Has $536,000 Stock Holdings in Electronic Arts Inc. (NASDAQ:EA)

Signaturefd LLC grew its position in Electronic Arts Inc. (NASDAQ:EA) by 15.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,915 shares of the game software company’s stock after acquiring an additional 510 shares during the period. Signaturefd LLC’s holdings in Electronic Arts were worth $536,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Knights of Columbus Asset Advisors LLC grew its holdings in shares of Electronic Arts by 0.3% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 34,102 shares of the game software company’s stock valued at $4,106,000 after buying an additional 86 shares during the period. Van Lanschot Kempen Investment Management N.V. lifted its position in Electronic Arts by 0.3% in the 3rd quarter. Van Lanschot Kempen Investment Management N.V. now owns 27,085 shares of the game software company’s stock valued at $3,261,000 after acquiring an additional 87 shares in the last quarter. Mirador Capital Partners LP lifted its position in Electronic Arts by 2.9% in the 4th quarter. Mirador Capital Partners LP now owns 3,264 shares of the game software company’s stock valued at $447,000 after acquiring an additional 91 shares in the last quarter. Whittier Trust Co. lifted its position in Electronic Arts by 4.1% in the 4th quarter. Whittier Trust Co. now owns 2,355 shares of the game software company’s stock valued at $322,000 after acquiring an additional 93 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in Electronic Arts by 7.5% in the 3rd quarter. SRS Capital Advisors Inc. now owns 1,361 shares of the game software company’s stock valued at $164,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 90.23% of the company’s stock.

Insider Activity at Electronic Arts

In related news, COO Laura Miele sold 2,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $137.43, for a total value of $274,860.00. Following the transaction, the chief operating officer now owns 38,548 shares in the company, valued at approximately $5,297,651.64. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Electronic Arts news, insider Jacob J. Schatz sold 1,000 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $143.24, for a total transaction of $143,240.00. Following the transaction, the insider now owns 20,258 shares in the company, valued at approximately $2,901,755.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Laura Miele sold 2,000 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $137.43, for a total transaction of $274,860.00. Following the transaction, the chief operating officer now owns 38,548 shares in the company, valued at approximately $5,297,651.64. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,644 shares of company stock worth $4,796,360. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

EA has been the topic of several research reports. UBS Group cut their price objective on shares of Electronic Arts from $146.00 to $143.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 27th. Wedbush reaffirmed an “outperform” rating and issued a $162.00 price objective on shares of Electronic Arts in a research report on Wednesday, January 31st. Benchmark reaffirmed a “buy” rating and issued a $153.00 price objective on shares of Electronic Arts in a research report on Thursday, April 18th. Oppenheimer reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Electronic Arts in a research report on Tuesday. Finally, Stifel Nicolaus boosted their price target on shares of Electronic Arts from $152.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, January 18th. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $147.00.

Electronic Arts Stock Up 0.8 %

Electronic Arts stock opened at $128.14 on Thursday. Electronic Arts Inc. has a fifty-two week low of $117.47 and a fifty-two week high of $144.53. The firm has a market capitalization of $34.26 billion, a PE ratio of 32.28, a P/E/G ratio of 1.76 and a beta of 0.76. The company’s 50-day moving average is $134.00 and its 200-day moving average is $134.53. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.33 and a quick ratio of 1.33.

Electronic Arts (NASDAQ:EA) last announced its quarterly earnings results on Tuesday, January 30th. The game software company reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($1.38). Electronic Arts had a net margin of 14.09% and a return on equity of 20.58%. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the company posted $2.29 EPS. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. Sell-side analysts anticipate that Electronic Arts Inc. will post 5.36 earnings per share for the current year.

Electronic Arts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, February 28th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $0.76 dividend on an annualized basis and a yield of 0.59%. Electronic Arts’s dividend payout ratio (DPR) is currently 19.14%.

Electronic Arts Company Profile

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.