Stifel Nicolaus restated their hold rating on shares of Scientific Games (NASDAQ:SGMS) in a research note published on Friday. Stifel Nicolaus currently has a $55.00 price target on the technology company’s stock.

Other equities research analysts have also issued research reports about the company. BidaskClub lowered Scientific Games from a buy rating to a hold rating in a report on Saturday. Zacks Investment Research lowered Scientific Games from a hold rating to a sell rating in a report on Tuesday, January 23rd. Finally, Craig Hallum reissued a buy rating and issued a $56.00 price objective (up previously from $45.00) on shares of Scientific Games in a report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $45.20.

Shares of Scientific Games (SGMS) opened at $42.10 on Friday. Scientific Games has a twelve month low of $19.25 and a twelve month high of $56.45. The firm has a market capitalization of $4,002.49, a PE ratio of -12.03 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 Scientific Games news, Director Michael J. Regan sold 17,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $46.88, for a total value of $796,960.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard M. Haddrill sold 8,000 shares of the firm’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $51.28, for a total value of $410,240.00. Following the completion of the transaction, the director now owns 136,542 shares of the company’s stock, valued at approximately $7,001,873.76. The disclosure for this sale can be found here. Company insiders own 40.61% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Profund Advisors LLC boosted its stake in Scientific Games by 5.8% in the 2nd quarter. Profund Advisors LLC now owns 10,073 shares of the technology company’s stock worth $263,000 after purchasing an additional 553 shares during the period. Ameritas Investment Partners Inc. boosted its stake in Scientific Games by 13.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,673 shares of the technology company’s stock worth $122,000 after purchasing an additional 556 shares during the period. Caxton Associates LP boosted its stake in Scientific Games by 10.1% in the 2nd quarter. Caxton Associates LP now owns 10,900 shares of the technology company’s stock worth $284,000 after purchasing an additional 1,000 shares during the period. Comerica Bank boosted its stake in Scientific Games by 2.5% in the 3rd quarter. Comerica Bank now owns 46,960 shares of the technology company’s stock worth $2,188,000 after purchasing an additional 1,166 shares during the period. Finally, LS Investment Advisors LLC boosted its stake in Scientific Games by 42.2% in the 3rd quarter. LS Investment Advisors LLC now owns 3,940 shares of the technology company’s stock worth $181,000 after purchasing an additional 1,170 shares during the period. Institutional investors and hedge funds own 64.33% of the company’s stock.

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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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