Victory Capital Management Inc. Has $237,000 Position in SciPlay Co. (NASDAQ:SCPL)

Victory Capital Management Inc. cut its stake in SciPlay Co. (NASDAQ:SCPL) by 8.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 14,675 shares of the company’s stock after selling 1,400 shares during the period. Victory Capital Management Inc.’s holdings in SciPlay were worth $237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of SCPL. BlackRock Inc. raised its position in shares of SciPlay by 269.3% in the fourth quarter. BlackRock Inc. now owns 1,409,092 shares of the company’s stock valued at $19,516,000 after purchasing an additional 1,027,542 shares during the period. Seizert Capital Partners LLC raised its position in shares of SciPlay by 136.3% in the fourth quarter. Seizert Capital Partners LLC now owns 141,240 shares of the company’s stock valued at $1,956,000 after purchasing an additional 81,468 shares during the period. Royce & Associates LP raised its position in shares of SciPlay by 208.3% in the fourth quarter. Royce & Associates LP now owns 509,917 shares of the company’s stock valued at $7,062,000 after purchasing an additional 344,512 shares during the period. Sigma Planning Corp bought a new position in shares of SciPlay in the fourth quarter valued at about $356,000. Finally, Wells Fargo & Company MN raised its position in shares of SciPlay by 313.7% in the fourth quarter. Wells Fargo & Company MN now owns 150,699 shares of the company’s stock valued at $2,086,000 after purchasing an additional 114,271 shares during the period. 16.79% of the stock is currently owned by institutional investors.

SCPL stock opened at $17.88 on Friday. SciPlay Co. has a 12 month low of $11.76 and a 12 month high of $21.74. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 1.25 and a beta of 0.39. The firm has a 50-day moving average price of $17.15.

SciPlay (NASDAQ:SCPL) last released its earnings results on Sunday, May 9th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.03). SciPlay had a net margin of 3.54% and a return on equity of 5.31%. Analysts anticipate that SciPlay Co. will post 0.94 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on SCPL. TheStreet raised shares of SciPlay from a “c” rating to a “b-” rating in a research report on Friday, May 28th. Wedbush reaffirmed a “buy” rating and set a $22.50 price target on shares of SciPlay in a research report on Monday, February 22nd. KeyCorp raised their price target on shares of SciPlay from $20.00 to $23.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 2nd. Bank of America lowered shares of SciPlay from a “buy” rating to an “underperform” rating and raised their price target for the stock from $17.00 to $20.00 in a research report on Wednesday, February 17th. Finally, Macquarie raised their price target on shares of SciPlay from $23.00 to $25.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 2nd. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $19.61.

SciPlay Company Profile

SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms worldwide. It offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots.

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Institutional Ownership by Quarter for SciPlay (NASDAQ:SCPL)

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