Traders sold shares of GameStop Corp. (NYSE:GME) on strength during trading hours on Wednesday. $10.15 million flowed into the stock on the tick-up and $22.81 million flowed out of the stock on the tick-down, for a money net flow of $12.66 million out of the stock. Of all equities tracked, GameStop Corp. had the 0th highest net out-flow for the day. GameStop Corp. traded up $0.11 for the day and closed at $28.85

GME has been the subject of a number of analyst reports. Telsey Advisory Group reiterated a “hold” rating on shares of GameStop Corp. in a research note on Sunday, April 17th. Bank of America Corp. reiterated a “hold” rating on shares of GameStop Corp. in a research note on Sunday, April 17th. BB&T Corp. reiterated a “buy” rating on shares of GameStop Corp. in a research note on Sunday, March 27th. Wedbush reiterated a “buy” rating on shares of GameStop Corp. in a research note on Sunday, March 27th. Finally, Pacific Crest reiterated a “hold” rating on shares of GameStop Corp. in a research note on Sunday, May 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company’s stock. GameStop Corp. presently has an average rating of “Hold” and an average price target of $37.79.

The stock has a market capitalization of $3.00 billion and a price-to-earnings ratio of 7.71. The stock has a 50 day moving average of $27.27 and a 200 day moving average of $28.90.

GameStop Corp. (NYSE:GME) last announced its quarterly earnings data on Thursday, May 26th. The company reported $0.66 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.05. The firm earned $1.97 billion during the quarter, compared to analysts’ expectations of $1.97 billion. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.68 earnings per share. On average, analysts forecast that GameStop Corp. will post $4.01 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Shareholders of record on Wednesday, June 8th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend was Monday, June 6th.

Other large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of GameStop Corp. by 16.5% in the fourth quarter. Vanguard Group Inc. now owns 10,201,922 shares of the company’s stock worth $286,063,000 after buying an additional 1,447,297 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of GameStop Corp. by 133.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 217,266 shares of the company’s stock worth $6,090,000 after buying an additional 124,317 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in shares of GameStop Corp. by 121.9% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 193,900 shares of the company’s stock worth $5,437,000 after buying an additional 106,500 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of GameStop Corp. by 9.6% in the fourth quarter. Teacher Retirement System of Texas now owns 81,918 shares of the company’s stock worth $2,297,000 after buying an additional 7,178 shares in the last quarter. Finally, New York State Common Retirement Fund increased its stake in shares of GameStop Corp. by 24.4% in the fourth quarter. New York State Common Retirement Fund now owns 305,680 shares of the company’s stock worth $8,571,000 after buying an additional 59,980 shares in the last quarter.

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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