GameStop Corp. (NYSE:GME) saw an uptick in trading volume on Tuesday . 2,735,288 shares were traded during mid-day trading, a decline of 1% from the previous session’s volume of 2,765,151 shares.The stock last traded at $30.26 and had previously closed at $30.19.

A number of research firms have issued reports on GME. Zacks Investment Research cut shares of GameStop Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, April 12th. Benchmark Co. restated a “sell” rating and issued a $26.33 price objective (down previously from $27.36) on shares of GameStop Corp. in a research report on Monday, March 28th. Robert W. Baird restated an “outperform” rating and issued a $46.00 price objective on shares of GameStop Corp. in a research report on Monday, March 21st. Vetr cut shares of GameStop Corp. from a “strong-buy” rating to a “buy” rating and set a $33.63 price objective on the stock. in a research report on Monday. Finally, Stifel Nicolaus restated a “hold” rating on shares of GameStop Corp. in a research report on Thursday, March 31st. 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 stock. GameStop Corp. currently has an average rating of “Hold” and an average target price of $37.83.

The company has a market cap of $3.14 billion and a P/E ratio of 8.07. The firm’s 50-day moving average price is $27.22 and its 200 day moving average price is $28.92.

GameStop Corp. (NYSE:GME) last posted its earnings results on Thursday, May 26th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.05. During the same period last year, the business posted $0.68 EPS. The business had revenue of $1.97 billion for 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. Analysts expect that GameStop Corp. will post $4.01 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 21st. Shareholders of record on Wednesday, June 8th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend was Monday, June 6th.

A number of hedge funds and institutional investors have bought and sold shares of GME. TD Asset Management Inc. increased its position in GameStop Corp. by 1.1% in the fourth quarter. TD Asset Management Inc. now owns 47,690 shares of the company’s stock worth $1,337,000 after buying an additional 500 shares during the period. Swiss National Bank increased its position in GameStop Corp. by 1.3% in the fourth quarter. Swiss National Bank now owns 193,336 shares of the company’s stock worth $5,421,000 after buying an additional 2,500 shares during the period. Teacher Retirement System of Texas increased its position in 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 during the period. ProShare Advisors LLC increased its position in GameStop Corp. by 19.4% in the fourth quarter. ProShare Advisors LLC now owns 46,026 shares of the company’s stock worth $1,291,000 after buying an additional 7,493 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in GameStop Corp. by 27.0% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 56,482 shares of the company’s stock worth $1,584,000 after buying an additional 11,994 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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