American Century Companies Inc. decreased its holdings in Scientific Games Corp (NASDAQ:SGMS) by 11.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 70,930 shares of the technology company’s stock after selling 9,157 shares during the quarter. American Century Companies Inc. owned approximately 0.08% of Scientific Games worth $3,252,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SGMS. Teachers Advisors LLC raised its position in Scientific Games by 10.1% in the 1st quarter. Teachers Advisors LLC now owns 94,904 shares of the technology company’s stock valued at $2,244,000 after purchasing an additional 8,675 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Scientific Games by 309.0% during the first quarter. Dimensional Fund Advisors LP now owns 577,388 shares of the technology company’s stock worth $13,655,000 after acquiring an additional 436,231 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Scientific Games by 5.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 233,748 shares of the technology company’s stock worth $5,529,000 after acquiring an additional 12,047 shares during the last quarter. State Street Corp raised its position in shares of Scientific Games by 5.6% during the first quarter. State Street Corp now owns 1,213,822 shares of the technology company’s stock worth $28,705,000 after acquiring an additional 64,179 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Scientific Games by 145.1% during the first quarter. AQR Capital Management LLC now owns 43,160 shares of the technology company’s stock worth $1,021,000 after acquiring an additional 25,548 shares during the last quarter. Hedge funds and other institutional investors own 64.15% of the company’s stock.

Shares of Scientific Games Corp (SGMS) opened at $51.70 on Friday. Scientific Games Corp has a 52-week low of $13.65 and a 52-week high of $52.95. The company has a current ratio of 1.83, a quick ratio of 1.45 and a debt-to-equity ratio of -4.07.

Scientific Games (NASDAQ:SGMS) last announced its quarterly earnings data on Wednesday, November 1st. The technology company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.22). The company had revenue of $768.90 million during the quarter, compared to analyst estimates of $748.56 million. During the same period in the previous year, the business posted ($1.13) earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. equities analysts anticipate that Scientific Games Corp will post -2.47 earnings per share for the current fiscal year.

In related news, Director David L. Kennedy sold 40,000 shares of Scientific Games stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $48.26, for a total transaction of $1,930,400.00. Following the completion of the sale, the director now directly owns 63,551 shares of the company’s stock, valued at $3,066,971.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Regan sold 17,000 shares of Scientific Games stock in a transaction on Monday, November 13th. The stock was sold at an average price of $46.88, for a total value of $796,960.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 187,384 shares of company stock valued at $9,026,426. 40.61% of the stock is owned by insiders.

A number of research firms have recently weighed in on SGMS. Craig Hallum restated a “buy” rating and set a $56.00 target price (up previously from $45.00) on shares of Scientific Games in a research report on Thursday, October 5th. Bank of America Corporation restated a “buy” rating and set a $50.00 target price (up previously from $38.00) on shares of Scientific Games in a research report on Wednesday, September 20th. Zacks Investment Research downgraded Scientific Games from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Stifel Nicolaus boosted their target price on Scientific Games from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, September 18th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $42.20.

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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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