33,953 Shares in DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) Purchased by Boston Partners

Boston Partners bought a new stake in DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 33,953 shares of the company’s stock, valued at approximately $354,000. Boston Partners owned about 0.07% of DoubleDown Interactive as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of DoubleDown Interactive in the fourth quarter worth $153,000. Heck Capital Advisors LLC acquired a new stake in DoubleDown Interactive during the 4th quarter worth about $76,000. JPMorgan Chase & Co. purchased a new position in shares of DoubleDown Interactive during the 3rd quarter valued at about $81,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of DoubleDown Interactive in the 3rd quarter valued at about $2,026,000.

DoubleDown Interactive Stock Up 2.4 %

DoubleDown Interactive stock opened at $10.05 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 19.38 and a quick ratio of 21.25. The stock has a market capitalization of $498.01 million, a PE ratio of 4.00 and a beta of 0.92. The business has a 50 day simple moving average of $10.10 and a 200-day simple moving average of $12.29. DoubleDown Interactive Co., Ltd. has a 12 month low of $8.56 and a 12 month high of $18.21.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Northland Securities dropped their target price on DoubleDown Interactive from $21.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. B. Riley started coverage on shares of DoubleDown Interactive in a report on Tuesday, February 25th. They set a “buy” rating and a $23.00 target price for the company. Finally, Wedbush reissued an “outperform” rating and set a $21.00 price target on shares of DoubleDown Interactive in a report on Wednesday, February 12th.

About DoubleDown Interactive

DoubleDown Interactive Co, Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips.