Amaya Inc. (AYA) Shares Bought by Legal & General Group Plc
Legal & General Group Plc raised its stake in Amaya Inc. (NASDAQ:AYA) by 62.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,774 shares of the technology company’s stock after buying an additional 5,700 shares during the period. Legal & General Group Plc’s holdings in Amaya were worth $250,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Howard Hughes Medical Institute increased its stake in Amaya by 11.1% in the first quarter. Howard Hughes Medical Institute now owns 29,193 shares of the technology company’s stock valued at $496,000 after buying an additional 2,920 shares during the period. PNC Financial Services Group Inc. increased its stake in Amaya by 20.6% in the first quarter. PNC Financial Services Group Inc. now owns 32,466 shares of the technology company’s stock valued at $552,000 after buying an additional 5,536 shares during the period. OMERS ADMINISTRATION Corp purchased a new stake in Amaya during the first quarter valued at about $609,000. James Investment Research Inc. purchased a new stake in Amaya during the first quarter valued at about $2,411,000. Finally, Swiss National Bank increased its stake in Amaya by 1.3% in the first quarter. Swiss National Bank now owns 205,500 shares of the technology company’s stock valued at $3,488,000 after buying an additional 2,700 shares during the period. Institutional investors own 64.42% of the company’s stock.
Shares of Amaya Inc. (AYA) opened at 17.70 on Thursday. The company has a 50-day moving average price of $17.60 and a 200 day moving average price of $16.52. Amaya Inc. has a 1-year low of $12.85 and a 1-year high of $20.35.
Amaya (NASDAQ:AYA) last announced its quarterly earnings data on Friday, May 12th. The technology company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.05. Amaya had a return on equity of 24.47% and a net margin of 12.28%. The business had revenue of $317.32 million during the quarter, compared to analyst estimates of $308.63 million. During the same period in the prior year, the company earned $0.43 earnings per share. Amaya’s revenue was up 10.0% compared to the same quarter last year. On average, analysts forecast that Amaya Inc. will post $2.19 EPS for the current year.
TRADEMARK VIOLATION WARNING: This story was posted by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.dailypolitical.com/2017/08/10/amaya-inc-aya-shares-bought-by-legal-general-group-plc.html.
AYA has been the subject of several recent research reports. Zacks Investment Research upgraded Amaya from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Monday, June 19th. ValuEngine downgraded Amaya from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 23rd. Canaccord Genuity set a $29.00 price target on Amaya and gave the company a “buy” rating in a research note on Thursday, May 11th. TheStreet upgraded Amaya from a “d+” rating to a “c” rating in a research note on Wednesday, May 24th. Finally, Desjardins boosted their price target on Amaya to $30.00 and gave the company a “hold” rating in a research note on Monday, May 15th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Amaya presently has an average rating of “Hold” and a consensus price target of $26.33.
Want to see what other hedge funds are holding AYA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amaya Inc. (NASDAQ:AYA).
Receive News & Ratings for Amaya Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amaya Inc. and related companies with MarketBeat.com's FREE daily email newsletter.