Sylebra Hk Company Ltd Owns Stake in Scientific Games Corp (SGMS)

Sylebra Hk Company Ltd

revealed that they own a 9.6% stake in Scientific Games Corp (NASDAQ:SGMS) in a Schedule 13G/A disclosure that was filed with the SEC on Thursday, February 15th. The investor owns 8,619,044 shares of the stock worth $377,945,079. The reporting parties listed on the disclosure included Sylebra HK Company Limited, Sylebra Capital Management, Jeffrey Richard Fiele and Daniel Patrick Gibson. The filing is available through Edgar at this hyperlink.

Other hedge funds also recently modified their holdings of the company. IFP Advisors Inc acquired a new position in Scientific Games during the fourth quarter worth approximately $138,000. First Quadrant L P CA acquired a new stake in shares of Scientific Games in the third quarter worth $139,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Scientific Games by 152.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,045 shares of the technology company’s stock worth $156,000 after acquiring an additional 1,840 shares in the last quarter. Strs Ohio increased its position in shares of Scientific Games by 85.0% in the fourth quarter. Strs Ohio now owns 3,700 shares of the technology company’s stock worth $189,000 after acquiring an additional 1,700 shares in the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of Scientific Games by 42.2% in the third quarter. LS Investment Advisors LLC now owns 3,940 shares of the technology company’s stock worth $181,000 after acquiring an additional 1,170 shares in the last quarter. 64.23% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on SGMS shares. BidaskClub lowered shares of Scientific Games from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 25th. Zacks Investment Research lowered shares of Scientific Games from a “hold” rating to a “sell” rating in a research report on Tuesday, January 23rd. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $55.00 price objective on shares of Scientific Games in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $45.20.

Scientific Games Corp (NASDAQ SGMS) traded up $0.90 during trading on Thursday, hitting $43.85. 537,500 shares of the stock traded hands, compared to its average volume of 1,126,271. Scientific Games Corp has a 52 week low of $19.80 and a 52 week high of $56.45. The firm has a market capitalization of $3,850.10, a price-to-earnings ratio of -12.53 and a beta of 2.51. The company has a quick ratio of 1.45, a current ratio of 1.83 and a debt-to-equity ratio of -4.07.

In other news, Director Richard M. Haddrill sold 8,000 shares of the stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $51.28, for a total value of $410,240.00. Following the completion of the sale, the director now owns 136,542 shares of the company’s stock, valued at $7,001,873.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 40.61% of the stock is owned by corporate insiders.

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Scientific Games Company Profile

Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. Its segments include Gaming, Lottery and Interactive. Its portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions.

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Institutional Ownership by Quarter for Scientific Games (NASDAQ:SGMS)

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