Full House Resorts, Inc. (NASDAQ:FLL) Shares Acquired by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group Inc. increased its position in Full House Resorts by 74.4%, acquiring 79,123 shares and now holds approximately 0.52% of the company valued at $775,000.
• Multiple large investors, including American Century Companies and JPMorgan Chase, significantly increased their stakes in Full House Resorts during the fourth quarter, with institutional investors now owning 37.68% of the company's stock.
• Analysts have raised the price target for Full House Resorts from $4.00 to $5.00, with a consensus rating of "Buy" and an average target price of $6.00 for the stock.

Jefferies Financial Group Inc. grew its holdings in Full House Resorts, Inc. (NASDAQ:FLL - Free Report) by 74.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 185,428 shares of the company's stock after buying an additional 79,123 shares during the period. Jefferies Financial Group Inc. owned 0.52% of Full House Resorts worth $775,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gamco Investors INC. ET AL increased its position in Full House Resorts by 0.3% during the fourth quarter. Gamco Investors INC. ET AL now owns 617,625 shares of the company's stock worth $2,520,000 after purchasing an additional 2,000 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Full House Resorts by 22.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,748 shares of the company's stock valued at $53,000 after acquiring an additional 2,340 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Full House Resorts by 6.0% during the first quarter. Bank of New York Mellon Corp now owns 74,322 shares of the company's stock valued at $311,000 after acquiring an additional 4,187 shares during the last quarter. CastleKnight Management LP grew its holdings in shares of Full House Resorts by 0.6% in the fourth quarter. CastleKnight Management LP now owns 745,938 shares of the company's stock valued at $3,043,000 after purchasing an additional 4,300 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Full House Resorts by 14.2% in the fourth quarter. Barclays PLC now owns 49,374 shares of the company's stock valued at $201,000 after purchasing an additional 6,127 shares in the last quarter. 37.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, JMP Securities lifted their price objective on shares of Full House Resorts from $4.00 to $5.00 and gave the company a "market outperform" rating in a report on Friday, July 18th. One 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's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $6.00.

Full House Resorts Stock Down 2.2%

Full House Resorts stock traded down $0.10 during trading on Thursday, reaching $4.40. The stock had a trading volume of 172,014 shares, compared to its average volume of 165,614. Full House Resorts, Inc. has a 52-week low of $2.86 and a 52-week high of $5.59. The business has a 50 day moving average price of $4.03 and a 200 day moving average price of $4.05. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 15.25.

Full House Resorts (NASDAQ:FLL - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.29) earnings per share (EPS) for the quarter. Full House Resorts had a negative return on equity of 90.09% and a negative net margin of 13.18%.

Insider Buying and Selling at Full House Resorts

In related news, Director Eric J. Green acquired 25,000 shares of Full House Resorts stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average price of $3.40 per share, for a total transaction of $85,000.00. Following the transaction, the director owned 203,523 shares of the company's stock, valued at $691,978.20. This represents a 14.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 9.40% of the company's stock.

Full House Resorts Profile

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.