Teachers Retirement System of The State of Kentucky decreased its position in shares of Scientific Games Corp (NASDAQ:SGMS) by 23.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,200 shares of the technology company’s stock after selling 4,300 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Scientific Games Corp were worth $336,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Private Advisory Group LLC acquired a new stake in Scientific Games Corp during the first quarter worth about $322,000. Caxton Associates LP acquired a new stake in Scientific Games Corp during the first quarter worth about $234,000. Tudor Investment Corp ET AL acquired a new stake in Scientific Games Corp during the first quarter worth about $519,000. AQR Capital Management LLC raised its stake in Scientific Games Corp by 145.1% in the first quarter. AQR Capital Management LLC now owns 43,160 shares of the technology company’s stock worth $1,021,000 after buying an additional 25,548 shares during the last quarter. Finally, State Street Corp raised its stake in Scientific Games Corp by 5.6% in the first quarter. State Street Corp now owns 1,213,822 shares of the technology company’s stock worth $28,705,000 after buying an additional 64,179 shares during the last quarter. Institutional investors own 60.42% of the company’s stock.

Scientific Games Corp (NASDAQ:SGMS) traded down 2.07% during trading on Monday, hitting $35.45. 305,667 shares of the stock were exchanged. Scientific Games Corp has a 12-month low of $8.07 and a 12-month high of $39.25. The firm’s market capitalization is $3.17 billion. The stock has a 50 day moving average price of $28.35 and a 200-day moving average price of $23.21.

Scientific Games Corp (NASDAQ:SGMS) last announced its quarterly earnings results on Monday, July 24th. The technology company reported ($0.44) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.52) by $0.08. The firm had revenue of $766.30 million for the quarter, compared to the consensus estimate of $732.93 million. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.59) earnings per share. On average, equities research analysts anticipate that Scientific Games Corp will post ($2.27) earnings per share for the current fiscal year.

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A number of analysts have recently issued reports on SGMS shares. Telsey Advisory Group increased their target price on Scientific Games Corp from $20.00 to $24.00 and gave the company a “market perform” rating in a report on Friday, April 28th. Stifel Nicolaus increased their target price on Scientific Games Corp from $24.00 to $35.00 and gave the company a “hold” rating in a report on Tuesday, July 25th. BidaskClub lowered Scientific Games Corp from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Zacks Investment Research upgraded Scientific Games Corp from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a report on Thursday, July 20th. Finally, ValuEngine upgraded Scientific Games Corp from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $30.00.

In related news, Director Michael Gavin Isaacs sold 68,036 shares of the business’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $38.85, for a total value of $2,643,198.60. Following the sale, the director now directly owns 110,815 shares of the company’s stock, valued at approximately $4,305,162.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James C. Kennedy sold 122,681 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $37.14, for a total transaction of $4,556,372.34. Following the completion of the sale, the executive vice president now directly owns 186,363 shares in the company, valued at $6,921,521.82. The disclosure for this sale can be found here. Over the last three months, insiders have sold 192,850 shares of company stock worth $7,281,691. Insiders own 41.53% of the company’s stock.

About Scientific Games Corp

Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. Its segments include Gaming, Lottery and Interactive. Its portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions.

Institutional Ownership by Quarter for Scientific Games Corp (NASDAQ:SGMS)

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