Century Casinos, Inc. $CNTY Shares Purchased by AWM Investment Company Inc.

Key Points

• AWM Investment Company Inc. increased its stake in Century Casinos, Inc. by 22.3%, acquiring an additional 375,761 shares and now holds approximately 6.72% of the company's stock, valued at $3,486,000.
• Century Casinos reported a Q2 loss of ($0.40) EPS, missing analysts' estimates, despite a revenue of $150.82 million which exceeded expectations.
• Research analysts have an average price target of $5.00 for Century Casinos with several maintaining a "Buy" rating as five analysts have rated the stock positively.

AWM Investment Company Inc. raised its stake in Century Casinos, Inc. (NASDAQ:CNTY - Free Report) by 22.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,062,804 shares of the company's stock after acquiring an additional 375,761 shares during the period. AWM Investment Company Inc. owned approximately 6.72% of Century Casinos worth $3,486,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CNTY. Cambridge Investment Research Advisors Inc. increased its holdings in Century Casinos by 21.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 760,800 shares of the company's stock valued at $1,286,000 after acquiring an additional 132,700 shares during the last quarter. Mink Brook Asset Management LLC bought a new stake in Century Casinos in the 1st quarter valued at $203,000. Wealthedge Investment Advisors LLC increased its holdings in Century Casinos by 330.9% in the 1st quarter. Wealthedge Investment Advisors LLC now owns 149,014 shares of the company's stock valued at $252,000 after acquiring an additional 114,431 shares during the last quarter. Jane Street Group LLC increased its holdings in Century Casinos by 120.4% in the 4th quarter. Jane Street Group LLC now owns 61,578 shares of the company's stock valued at $200,000 after acquiring an additional 33,635 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Century Casinos in the 4th quarter worth about $85,000. 66.36% of the stock is currently owned by institutional investors.

Century Casinos Trading Down 0.4%

NASDAQ:CNTY traded down $0.01 during mid-day trading on Friday, hitting $2.77. 45,394 shares of the stock traded hands, compared to its average volume of 55,556. The stock has a market capitalization of $83.16 million, a price-to-earnings ratio of -0.81 and a beta of 2.02. Century Casinos, Inc. has a 52 week low of $1.30 and a 52 week high of $5.09. The firm's 50 day moving average is $2.44 and its two-hundred day moving average is $2.11. The company has a quick ratio of 1.37, a current ratio of 1.42 and a debt-to-equity ratio of 20.62.

Century Casinos (NASDAQ:CNTY - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.03). The firm had revenue of $150.82 million for the quarter, compared to the consensus estimate of $148.70 million. Century Casinos had a negative net margin of 18.43% and a negative return on equity of 72.39%. On average, equities research analysts predict that Century Casinos, Inc. will post -2.66 earnings per share for the current year.

Analysts Set New Price Targets

CNTY has been the topic of a number of research reports. JMP Securities set a $3.00 target price on shares of Century Casinos in a report on Friday, July 18th. Citigroup restated a "market outperform" rating on shares of Century Casinos in a report on Friday, July 18th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $5.00.

Century Casinos Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.