Shares of GameStop Corp. (NYSE:GME) shot up 4.4% during mid-day trading on Monday . The company traded as high as $28.79 and last traded at $28.57, with a volume of 2,033,470 shares trading hands. The stock had previously closed at $27.37.

GME has been the subject of a number of analyst reports. BB&T Corp. restated a “buy” rating on shares of GameStop Corp. in a report on Sunday, March 27th. Wedbush restated a “buy” rating on shares of GameStop Corp. in a report on Sunday, March 27th. Bank of America Corp. restated a “hold” rating on shares of GameStop Corp. in a report on Sunday, April 17th. Telsey Advisory Group restated a “hold” rating on shares of GameStop Corp. in a report on Sunday, April 17th. Finally, Piper Jaffray Cos. restated a “buy” rating on shares of GameStop Corp. in a report on Saturday, May 14th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $37.79.

The firm has a 50 day moving average of $27.25 and a 200 day moving average of $28.90. The company has a market cap of $2.96 billion and a P/E ratio of 7.60.

GameStop Corp. (NYSE:GME) last issued its quarterly earnings results on Thursday, May 26th. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.05. The business earned $1.97 billion during the quarter, compared to analysts’ expectations of $1.97 billion. The business’s quarterly revenue was down 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 EPS. On average, analysts anticipate that GameStop Corp. will post $4.00 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Stockholders of record on Wednesday, June 8th were given a dividend of $0.37 per share. The ex-dividend date was Monday, June 6th. This represents a $1.48 annualized dividend and a dividend yield of 5.20%.

Other large investors have recently added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new stake in GameStop Corp. during the fourth quarter valued at about $1,165,000. Sei Investments Co. boosted its stake in GameStop Corp. by 520.4% in the fourth quarter. Sei Investments Co. now owns 43,711 shares of the company’s stock valued at $1,225,000 after buying an additional 36,665 shares during the period. ProShare Advisors LLC boosted its stake in GameStop Corp. by 19.4% in the fourth quarter. ProShare Advisors LLC now owns 46,026 shares of the company’s stock valued at $1,291,000 after buying an additional 7,493 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in GameStop Corp. by 7.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 47,477 shares of the company’s stock valued at $1,331,000 after buying an additional 3,400 shares during the period. Finally, TD Asset Management Inc. boosted its stake in GameStop Corp. by 1.1% in the fourth quarter. TD Asset Management Inc. now owns 47,690 shares of the company’s stock valued at $1,337,000 after buying an additional 500 shares during the period.

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment.

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