Cantillon Capital Management Reduces $98M in Flutter Entertainment plc ($FLUT)
Key Points
- Cantillon Capital Management changed its Flutter Entertainment plc ($FLUT) stake by 39.23% last quarter, cutting to 1,375,776 shares worth $152.23 million.
- Wall Street's consensus rating on $FLUT is Buy and an average price target of $140.14.
- $FLUT last traded around $110.65.
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Cantillon Capital Management reduced its position in Flutter Entertainment plc ($FLUT) by 39.23% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,375,776 shares of Flutter Entertainment plc after selling 888,249 shares during the quarter. Cantillon Capital Management's holdings in Flutter Entertainment plc were worth $152.23 million as of its most recent filing.
Flutter Entertainment plc Stock Up 8.7%
Shares of Flutter Entertainment plc ($FLUT) traded around $110.65 on Saturday, up 8.7% for the day.
Flutter Entertainment plc Earnings
Analysts Set New Price Targets
About Flutter Entertainment plc
Flutter Entertainment plc operates as a sports betting and gaming company in the United States, the United Kingdom, Ireland, Australia, Italy, and internationally. It provides sportsbooks; iGaming products, such as blackjack, roulette, slot machines, poker, and rummy, as well as lottery products; and sports betting products, which include Betfair betting exchanges, daily fantasy sports, and horse racing wagering under the TVG brand. The company offers sports betting and gaming services through fanduel.com, tvg.com, betfair.com, paddypower.com, and paddypower.ie, sportsbet.com.au, pokerstars.com, betfair.com, sisal.it, maxbet.rs, and adjarabet.com websites under the FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, TVG, Adjarabet, and MaxBet brands, as well as live poker tours and events. It also provides business-to-business pricing and risk management services. The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in 2019. Flutter Entertainment plc was incorporated in 1958 and is headquartered in New York, New York.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.