International Game Technology PLC (NYSE:IGT) Short Interest Up 17.6% in June – Notice Important Web

International Game Technology PLC (NYSE:IGT – Get Free Report) saw a super ontogeny in brief welfare in June. As of June 15th, there was brief welfare totalling 3,010,000 shares, a ontogeny of 17.6% from the May 31st amount of 2,560,000 shares. Based on an cipher regular intensity of 1,090,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.8% of the shares of the consort are brief sold.

Analyst Ratings Changes

A sort of brokerages hit weighed in on IGT. StockNews.com upraised International Game Technology from a “buy” judgement to a “strong-buy” judgement in a inform on Thursday. river baritone their toll direct on shares of International Game Technology from $40.00 to $33.00 and ordered a “positive” judgement for the consort in a investigate inform on Thursday, May 16th. Stifel Nicolaus upgraded shares of International Game Technology from a “hold” judgement to a “buy” judgement and raised their toll direct for the consort from $24.00 to $26.00 in a investigate inform on Thursday, May 30th. B. poet started programme on shares of International Game Technology in a investigate inform on Friday, Apr 5th. They ordered a “buy” judgement and a $30.00 toll direct for the company. Finally, Truist Financial baritone their toll direct on shares of International Game Technology from $26.00 to $23.00 and ordered a “hold” judgement for the consort in a investigate inform on Wednesday, May 15th. Two investigate analysts hit rated the hit with a stop rating, quaternary hit appointed a acquire judgement and digit has appointed a brawny acquire judgement to the company’s stock. According to MarketBeat, the hit has a consensus judgement of “Moderate Buy” and an cipher toll direct of $28.00.

Get Our Latest Stock Report on IGT

Institutional Trading of International Game Technology

Several institutionalised investors hit fresh prefabricated changes to their positions in the stock. Bank of New royalty moneyman Corp grew its wager in shares of International Game Technology by 6.4% during the 1st quarter. Bank of New royalty moneyman Corp today owns 13,871,989 shares of the company’s hit valued at $313,368,000 after purchase an added 838,622 shares during the period. Lazard Asset Management LLC grew its wager in shares of International Game Technology by 63.4% during the 1st quarter. Lazard Asset Management LLC today owns 10,751,703 shares of the company’s hit valued at $242,880,000 after purchase an added 4,170,813 shares during the period. Capital Research Global Investors grew its wager in shares of International Game Technology by 102.1% during the 4th quarter. Capital Research Global Investors today owns 6,193,990 shares of the company’s hit valued at $169,777,000 after purchase an added 3,129,559 shares during the period. Parsifal Capital Management LP grew its wager in shares of International Game Technology by 40.8% during the 4th quarter. Parsifal Capital Management LP today owns 4,290,025 shares of the company’s hit valued at $117,590,000 after purchase an added 1,243,514 shares during the period. Finally, statesman Management Group LLP grew its wager in shares of International Game Technology by 23.1% during the 4th quarter. statesman Management Group LLP today owns 2,717,801 shares of the company’s hit valued at $74,495,000 after purchase an added 509,722 shares during the period. 44.33% of the hit is owned by inclose assets and another institutionalised investors.

International Game Technology Trading Up 1.9 %

Shares of International Game Technology stock unsealed at $20.46 on Friday. The consort has a debt-to-equity ratio of 2.59, a underway ratio of 0.80 and a hurried ratio of 0.67. International Game Technology has a 1 assemblage baritone of $18.90 and a 1 assemblage broad of $33.99. The consort has a mart estimation of $4.07 billion, a P/E ratio of 19.49 and a beta of 1.94. The playing has a 50 punctuation agitated cipher toll of $20.29 and a 200 punctuation agitated cipher toll of $23.19.

International Game Technology (NYSE:IGT – Get Free Report) terminal issued its quarterly earnings results on Tuesday, May 14th. The consort reportable $0.46 earnings per deal for the quarter, fighting the consensus judge of $0.29 by $0.17. The consort had income of $1.07 1000000000 during the quarter, compared to the consensus judge of $1.03 billion. International Game Technology had a convey on justness of 20.84% and a gain edge of 4.98%. International Game Technology’s income was up .7% on a year-over-year basis. During the aforementioned punctuation in the preceding year, the concern posted $0.49 EPS. Sell-side analysts look that International Game Technology module place 1.53 EPS for the underway playing year.

International Game Technology Dividend Announcement

The playing also fresh unconcealed a quarterly dividend, which was paying on Thursday, June 13th. Stockholders of achievement on Thursday, May 30th were paying a dividend of $0.20 per share. The ex-dividend fellow was Thursday, May 30th. This represents a $0.80 annualized dividend and a dividend consent of 3.91%. International Game Technology’s dividend payout ratio is presently 76.19%.

About International Game Technology

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International Game Technology PLC operates and provides recreation profession products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates finished threesome segments: Global Lottery, Global Gaming, and PlayDigital. The consort designs, sells, operates, and leases a flat of point-of-sale machines that reconciles drawing assets between the merchandiser and drawing authority; provides online drawing dealings processing systems; produces fast listing games; and offers publication services, much as fast listing marketing plans and realistic design, programming, packaging, shipping, and conveying services, as substantially as iLottery solutions and services.

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