National Pension Service Has $97.79 Million Position in Electronic Arts Inc. (NASDAQ:EA)

National Pension Service raised its stake in Electronic Arts Inc. (NASDAQ:EA) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 714,797 shares of the game software company’s stock after purchasing an additional 21,324 shares during the period. National Pension Service owned 0.27% of Electronic Arts worth $97,791,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Bray Capital Advisors increased its position in Electronic Arts by 100.0% in the 3rd quarter. Bray Capital Advisors now owns 220 shares of the game software company’s stock valued at $26,000 after acquiring an additional 110 shares during the period. Larson Financial Group LLC acquired a new position in shares of Electronic Arts during the fourth quarter valued at about $30,000. Venturi Wealth Management LLC raised its stake in shares of Electronic Arts by 81.0% in the fourth quarter. Venturi Wealth Management LLC now owns 228 shares of the game software company’s stock worth $31,000 after purchasing an additional 102 shares during the last quarter. CVA Family Office LLC bought a new stake in shares of Electronic Arts in the 4th quarter worth $38,000. Finally, MCF Advisors LLC boosted its stake in shares of Electronic Arts by 36.9% in the 4th quarter. MCF Advisors LLC now owns 356 shares of the game software company’s stock worth $49,000 after buying an additional 96 shares during the last quarter. Institutional investors own 90.23% of the company’s stock.

Electronic Arts Trading Up 1.0 %

Shares of Electronic Arts stock traded up $1.27 during trading on Thursday, reaching $126.51. 1,499,401 shares of the company were exchanged, compared to its average volume of 2,005,072. The business has a 50-day moving average price of $131.27 and a 200-day moving average price of $134.45. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $33.82 billion, a price-to-earnings ratio of 31.87, a P/E/G ratio of 1.73 and a beta of 0.78. Electronic Arts Inc. has a twelve month low of $117.47 and a twelve month high of $144.53.

Electronic Arts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Wednesday, May 29th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Wednesday, May 29th. This represents a $0.76 annualized dividend and a yield of 0.60%. Electronic Arts’s dividend payout ratio (DPR) is presently 19.14%.

Insider Activity

In other Electronic Arts news, insider Jacob J. Schatz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $143.24, for a total transaction of $143,240.00. Following the sale, the insider now owns 20,258 shares of the company’s stock, valued at $2,901,755.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Electronic Arts news, insider Jacob J. Schatz sold 1,000 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $143.24, for a total value of $143,240.00. Following the transaction, the insider now owns 20,258 shares of the company’s stock, valued at $2,901,755.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Vijayanthimala Singh sold 800 shares of Electronic Arts stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $139.08, for a total transaction of $111,264.00. Following the completion of the transaction, the insider now owns 27,883 shares of the company’s stock, valued at $3,877,967.64. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,272 shares of company stock valued at $4,420,459. 0.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on EA shares. Benchmark reiterated a “buy” rating and set a $153.00 price target on shares of Electronic Arts in a research report on Thursday, April 18th. BMO Capital Markets cut their target price on shares of Electronic Arts from $160.00 to $154.00 and set an “outperform” rating on the stock in a report on Thursday. Roth Mkm decreased their target price on Electronic Arts from $140.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, May 1st. UBS Group decreased their target price on Electronic Arts from $146.00 to $143.00 and set a “neutral” rating for the company in a research report on Wednesday, March 27th. Finally, Stifel Nicolaus boosted their price objective on shares of Electronic Arts from $152.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $146.61.

Electronic Arts Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.