Catawba River Capital lessened its stake in Full House Resorts, Inc. (NASDAQ:FLL - Free Report) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,502,207 shares of the company's stock after selling 60,917 shares during the period. Full House Resorts comprises about 3.8% of Catawba River Capital's holdings, making the stock its 12th largest holding. Catawba River Capital owned approximately 4.18% of Full House Resorts worth $6,279,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. Rangeley Capital LLC purchased a new position in shares of Full House Resorts during the 4th quarter worth approximately $3,215,000. CastleKnight Management LP lifted its holdings in shares of Full House Resorts by 0.6% during the 4th quarter. CastleKnight Management LP now owns 745,938 shares of the company's stock valued at $3,043,000 after buying an additional 4,300 shares during the period. Orvieto Partners L.P. bought a new position in shares of Full House Resorts during the 4th quarter valued at $2,776,000. Gamco Investors INC. ET AL lifted its holdings in shares of Full House Resorts by 0.3% during the 4th quarter. Gamco Investors INC. ET AL now owns 617,625 shares of the company's stock valued at $2,520,000 after buying an additional 2,000 shares during the period. Finally, 1060 Capital LLC increased its stake in shares of Full House Resorts by 17.7% in the 4th quarter. 1060 Capital LLC now owns 565,000 shares of the company's stock worth $2,305,000 after purchasing an additional 85,000 shares in the last quarter. Hedge funds and other institutional investors own 37.68% of the company's stock.
Insider Transactions at Full House Resorts
In other news, Director Eric J. Green purchased 25,000 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were acquired at an average cost of $3.40 per share, with a total value of $85,000.00. Following the completion of the acquisition, the director owned 203,523 shares of the company's stock, valued at $691,978.20. This trade represents a 14.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 9.40% of the company's stock.
Full House Resorts Trading Up 0.4%
Shares of Full House Resorts stock traded up $0.02 on Friday, hitting $4.11. 124,158 shares of the company traded hands, compared to its average volume of 174,419. The stock's 50 day moving average price is $3.44 and its 200-day moving average price is $4.02. The company has a debt-to-equity ratio of 15.25, a quick ratio of 0.67 and a current ratio of 0.70. Full House Resorts, Inc. has a 52 week low of $2.86 and a 52 week high of $5.90.
Full House Resorts (NASDAQ:FLL - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.29) by $0.02. The company had revenue of $65.36 million for the quarter, compared to analyst estimates of $80.96 million. Full House Resorts had a negative net margin of 13.18% and a negative return on equity of 90.09%.
Analysts Set New Price Targets
FLL has been the subject of several analyst reports. Wall Street Zen upgraded Full House Resorts from a "sell" rating to a "hold" rating in a research note on Wednesday, March 19th. JMP Securities cut their price objective on Full House Resorts from $5.00 to $4.00 and set a "market outperform" rating for the company in a research report on Friday, May 9th. Citigroup reaffirmed an "outperform" rating on shares of Full House Resorts in a report on Friday, March 7th. Finally, UBS Group set a $5.00 price objective on shares of Full House Resorts in a research note on Friday, March 7th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Full House Resorts currently has an average rating of "Buy" and an average target price of $5.67.
Read Our Latest Report on FLL
About Full House Resorts
(
Free Report)
Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.
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