Amaya Inc (NYSE:AYA) (TSE:AYA) released its earnings results on Monday. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. The firm had revenue of $270.85 million for the quarter, compared to analyst estimates of $281.86 million. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.44 EPS. Amaya updated its FY16 guidance to $1.78-1.83 EPS.

Shares of Amaya (NYSE:AYA) opened at 14.80 on Wednesday. The firm’s 50-day moving average is $14.77 and its 200-day moving average is $14.92. The firm has a market cap of $2.14 billion and a P/E ratio of 31.29. Amaya has a 52-week low of $9.67 and a 52-week high of $17.57.

Separately, Zacks Investment Research downgraded shares of Amaya from a “buy” rating to a “hold” rating in a research report on Thursday, August 18th.

Hedge funds have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Amaya by 11.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,152 shares of the company’s stock worth $148,000 after buying an additional 920 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of Amaya during the third quarter worth about $290,000. Tower Research Capital LLC TRC increased its stake in shares of Amaya by 3,554.7% in the third quarter. Tower Research Capital LLC TRC now owns 14,107 shares of the company’s stock worth $300,000 after buying an additional 13,721 shares during the period. Howard Hughes Medical Institute acquired a new stake in shares of Amaya during the third quarter worth about $379,000. Finally, K.J. Harrison & Partners Inc increased its stake in shares of Amaya by 6.6% in the third quarter. K.J. Harrison & Partners Inc now owns 32,135 shares of the company’s stock worth $521,000 after buying an additional 2,000 shares during the period.

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