Flutter Entertainment plc (NYSE:FLUT) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its stake in Flutter Entertainment plc (NYSE:FLUT) by 18.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,002 shares of the company’s stock after acquiring an additional 622 shares during the quarter. Sanctuary Advisors LLC’s holdings in Flutter Entertainment were worth $1,089,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in FLUT. Jennison Associates LLC purchased a new position in Flutter Entertainment in the 4th quarter worth approximately $239,306,000. Vestcor Inc acquired a new position in Flutter Entertainment in the 3rd quarter valued at about $815,000. Benson Investment Management Company Inc. acquired a new stake in Flutter Entertainment during the 4th quarter worth approximately $5,116,000. Mediolanum International Funds Ltd grew its stake in Flutter Entertainment by 157.4% during the 4th quarter. Mediolanum International Funds Ltd now owns 45,304 shares of the company’s stock worth $11,677,000 after purchasing an additional 27,701 shares in the last quarter. Finally, Raymond James & Associates increased its stake in shares of Flutter Entertainment by 10.0% during the third quarter. Raymond James & Associates now owns 18,348 shares of the company’s stock worth $4,354,000 after buying an additional 1,663 shares during the period.

Flutter Entertainment Stock Up 4.8 %

NYSE FLUT opened at $273.01 on Thursday. The company has a 50 day moving average price of $266.53 and a two-hundred day moving average price of $248.20. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.66. Flutter Entertainment plc has a 12-month low of $174.03 and a 12-month high of $299.73.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Craig Hallum lifted their target price on Flutter Entertainment from $275.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Stifel Nicolaus began coverage on shares of Flutter Entertainment in a research report on Friday, January 17th. They issued a “buy” rating and a $320.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 target price on shares of Flutter Entertainment in a report on Wednesday, January 8th. Oppenheimer lifted their price objective on shares of Flutter Entertainment from $300.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Finally, The Goldman Sachs Group assumed coverage on Flutter Entertainment in a report on Friday, November 22nd. They issued a “buy” rating and a $320.00 price objective for the company. Eighteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Flutter Entertainment presently has a consensus rating of “Buy” and an average target price of $307.88.

About Flutter Entertainment

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.