Flutter Entertainment plc (NYSE:FLUT) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. boosted its holdings in Flutter Entertainment plc (NYSE:FLUTFree Report) by 58.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 135 shares of the company’s stock after buying an additional 50 shares during the period. UMB Bank n.a.’s holdings in Flutter Entertainment were worth $35,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. US Bancorp DE raised its stake in Flutter Entertainment by 71.7% during the third quarter. US Bancorp DE now owns 237 shares of the company’s stock worth $56,000 after purchasing an additional 99 shares during the period. Venturi Wealth Management LLC purchased a new stake in Flutter Entertainment during the third quarter valued at about $82,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Flutter Entertainment during the third quarter worth about $190,000. Seelaus Asset Management LLC purchased a new position in shares of Flutter Entertainment in the 3rd quarter worth about $204,000. Finally, Clarius Group LLC purchased a new stake in shares of Flutter Entertainment during the 4th quarter worth about $212,000.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FLUT shares. Craig Hallum lifted their price target on shares of Flutter Entertainment from $275.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. UBS Group lifted their price objective on shares of Flutter Entertainment from $308.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Wells Fargo & Company decreased their price objective on shares of Flutter Entertainment from $300.00 to $285.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group started coverage on Flutter Entertainment in a report on Friday, November 22nd. They issued a “buy” rating and a $320.00 price target for the company. Finally, JMP Securities raised their price target on shares of Flutter Entertainment from $299.00 to $311.00 and gave the stock a “market outperform” rating in a research report on Monday, January 6th. Seventeen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Flutter Entertainment presently has an average rating of “Buy” and an average price target of $304.44.

Read Our Latest Report on FLUT

Flutter Entertainment Stock Down 0.2 %

Shares of Flutter Entertainment stock opened at $267.27 on Friday. Flutter Entertainment plc has a twelve month low of $174.03 and a twelve month high of $284.79. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66. The business’s 50 day simple moving average is $266.52 and its 200-day simple moving average is $235.64.

Flutter Entertainment Profile

(Free Report)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Featured Stories

Want to see what other hedge funds are holding FLUT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Flutter Entertainment plc (NYSE:FLUTFree Report).

Institutional Ownership by Quarter for Flutter Entertainment (NYSE:FLUT)

Receive News & Ratings for Flutter Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flutter Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.