Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Century Casinos, Inc. (NASDAQ:CNTY - Free Report) by 21.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 760,800 shares of the company's stock after acquiring an additional 132,700 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 2.48% of Century Casinos worth $1,286,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Royce & Associates LP increased its holdings in shares of Century Casinos by 2.7% during the 4th quarter. Royce & Associates LP now owns 2,975,121 shares of the company's stock valued at $9,639,000 after acquiring an additional 79,086 shares during the last quarter. AWM Investment Company Inc. boosted its position in Century Casinos by 2.6% during the fourth quarter. AWM Investment Company Inc. now owns 1,687,043 shares of the company's stock worth $5,466,000 after purchasing an additional 43,006 shares during the period. JB Capital Partners LP acquired a new position in Century Casinos during the fourth quarter valued at approximately $124,000. Wealthedge Investment Advisors LLC bought a new position in shares of Century Casinos in the fourth quarter valued at approximately $112,000. Finally, Jane Street Group LLC raised its position in shares of Century Casinos by 120.4% in the fourth quarter. Jane Street Group LLC now owns 61,578 shares of the company's stock valued at $200,000 after purchasing an additional 33,635 shares during the period. 66.36% of the stock is currently owned by institutional investors and hedge funds.
Century Casinos Price Performance
NASDAQ:CNTY opened at $2.28 on Friday. The company has a debt-to-equity ratio of 16.39, a current ratio of 1.42 and a quick ratio of 1.38. Century Casinos, Inc. has a one year low of $1.30 and a one year high of $5.09. The company has a fifty day moving average price of $1.96 and a 200 day moving average price of $2.32. The stock has a market cap of $69.95 million, a P/E ratio of -0.52 and a beta of 2.15.
Century Casinos (NASDAQ:CNTY - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by ($0.11). Century Casinos had a negative return on equity of 81.24% and a negative net margin of 23.71%. The company had revenue of $130.44 million for the quarter, compared to the consensus estimate of $139.55 million. During the same quarter in the previous year, the firm posted ($0.46) EPS. Analysts anticipate that Century Casinos, Inc. will post -2.66 earnings per share for the current year.
Analyst Ratings Changes
Several research firms recently issued reports on CNTY. Macquarie decreased their price objective on shares of Century Casinos from $6.00 to $5.00 and set an "outperform" rating for the company in a report on Friday, March 14th. Wall Street Zen upgraded shares of Century Casinos from a "sell" rating to a "hold" rating in a report on Friday, April 11th. Stifel Nicolaus dropped their price objective on Century Casinos from $5.00 to $4.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Finally, JMP Securities cut their price objective on Century Casinos from $4.00 to $3.00 and set a "market outperform" rating for the company in a research report on Tuesday, May 13th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $5.00.
Check Out Our Latest Analysis on Century Casinos
About Century Casinos
(
Free Report)
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.
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