Robeco Institutional Asset Management B.V. Has $217.25 Million Holdings in Electronic Arts Inc. $EA

Robeco Institutional Asset Management B.V. lowered its stake in shares of Electronic Arts Inc. (NASDAQ:EA) by 3.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,077,107 shares of the game software company’s stock after selling 35,736 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.43% of Electronic Arts worth $217,252,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Electronic Arts by 9.4% in the fourth quarter. Brighton Jones LLC now owns 3,420 shares of the game software company’s stock worth $500,000 after purchasing an additional 294 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Electronic Arts during the first quarter worth $11,273,000. Ashton Thomas Private Wealth LLC raised its position in Electronic Arts by 23.9% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 4,324 shares of the game software company’s stock valued at $625,000 after buying an additional 835 shares during the last quarter. CTC Alternative Strategies Ltd. purchased a new stake in Electronic Arts in the 1st quarter valued at $318,000. Finally, Fred Alger Management LLC bought a new position in Electronic Arts during the 1st quarter valued at $279,000. 90.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on EA shares. Hsbc Global Res lowered shares of Electronic Arts from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. DZ Bank downgraded shares of Electronic Arts from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, September 29th. TD Cowen cut shares of Electronic Arts from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 1st. Benchmark reaffirmed a “buy” rating on shares of Electronic Arts in a report on Wednesday, October 29th. Finally, Oppenheimer lowered Electronic Arts from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 30th. Four analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $181.21.

Insider Activity at Electronic Arts

In related news, insider Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $204.11, for a total value of $244,932.00. Following the completion of the sale, the insider owned 33,560 shares of the company’s stock, valued at approximately $6,849,931.60. This trade represents a 3.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew Wilson sold 5,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $204.11, for a total transaction of $1,020,550.00. Following the sale, the chief executive officer directly owned 43,858 shares in the company, valued at approximately $8,951,856.38. This trade represents a 10.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 122,469 shares of company stock worth $24,650,681 in the last three months. Corporate insiders own 0.24% of the company’s stock.

Electronic Arts Stock Down 0.0%

Electronic Arts stock opened at $204.36 on Tuesday. The firm has a 50 day moving average price of $202.57 and a 200-day moving average price of $182.77. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.25. Electronic Arts Inc. has a twelve month low of $115.21 and a twelve month high of $204.88. The company has a market capitalization of $51.11 billion, a P/E ratio of 59.75, a P/E/G ratio of 2.41 and a beta of 0.73.

Electronic Arts (NASDAQ:EA) last posted its quarterly earnings results on Tuesday, October 28th. The game software company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.07). Electronic Arts had a return on equity of 15.30% and a net margin of 12.14%.The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same period last year, the firm posted $1.11 EPS. The company’s revenue for the quarter was down 12.6% compared to the same quarter last year. As a group, equities analysts predict that Electronic Arts Inc. will post 4.71 EPS for the current year.

Electronic Arts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, December 3rd. Electronic Arts’s dividend payout ratio is currently 22.22%.

Electronic Arts Company Profile

Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.

EA’s product lineup spans several well-known franchises and genres.