Flutter Entertainment plc (NYSE:FLUT) Shares Bought by Cantillon Capital Management LLC

Cantillon Capital Management LLC boosted its holdings in shares of Flutter Entertainment plc (NYSE:FLUT) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,410,178 shares of the company’s stock after acquiring an additional 12,794 shares during the quarter. Flutter Entertainment comprises 3.8% of Cantillon Capital Management LLC’s holdings, making the stock its 6th largest holding. Cantillon Capital Management LLC owned approximately 1.36% of Flutter Entertainment worth $622,911,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLUT. Harbor Investment Advisory LLC grew its stake in shares of Flutter Entertainment by 64.1% in the fourth quarter. Harbor Investment Advisory LLC now owns 128 shares of the company’s stock valued at $33,000 after buying an additional 50 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Flutter Entertainment by 58.8% in the fourth quarter. UMB Bank n.a. now owns 135 shares of the company’s stock valued at $35,000 after buying an additional 50 shares in the last quarter. Seelaus Asset Management LLC grew its stake in shares of Flutter Entertainment by 6.4% in the fourth quarter. Seelaus Asset Management LLC now owns 914 shares of the company’s stock valued at $236,000 after buying an additional 55 shares in the last quarter. Ritholtz Wealth Management grew its stake in shares of Flutter Entertainment by 3.5% in the fourth quarter. Ritholtz Wealth Management now owns 1,725 shares of the company’s stock valued at $446,000 after buying an additional 59 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Flutter Entertainment by 244.1% in the fourth quarter. IFP Advisors Inc now owns 117 shares of the company’s stock valued at $31,000 after buying an additional 83 shares in the last quarter.

Flutter Entertainment Stock Up 3.3 %

Shares of NYSE FLUT opened at $280.69 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average of $267.06 and a two-hundred day moving average of $249.41. Flutter Entertainment plc has a 1 year low of $174.03 and a 1 year high of $299.73.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on 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. 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 target price for the company. Craig Hallum lifted their target price on Flutter Entertainment from $275.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Wells Fargo & Company decreased their target price on Flutter Entertainment from $300.00 to $285.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, Truist Financial assumed coverage on Flutter Entertainment in a report on Wednesday. They issued a “buy” rating and a $330.00 target price for the company. Eighteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $307.88.

Flutter Entertainment Profile

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.