Jefferies Financial Group Inc. Has $775,000 Position in Full House Resorts, Inc. (NASDAQ:FLL)

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

A number of other institutional investors and hedge funds also recently made changes to their positions in FLL. Gamco Investors INC. ET AL grew its stake in Full House Resorts by 0.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 617,625 shares of the company's stock valued at $2,520,000 after acquiring an additional 2,000 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in 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 worth $53,000 after acquiring an additional 2,340 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in 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 worth $311,000 after acquiring an additional 4,187 shares in the last quarter. CastleKnight Management LP raised its stake in 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 buying an additional 4,300 shares during the period. Finally, Barclays PLC raised its stake in 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 buying an additional 6,127 shares during the period. Institutional investors own 37.68% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. JMP Securities upped their price objective on Full House Resorts from $4.00 to $5.00 and gave the company a "market outperform" rating in a research note on Friday, July 18th. Macquarie restated a "neutral" rating and issued a $4.00 price objective on shares of Full House Resorts in a research note on Friday. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $5.50.

Insider Buying and Selling at Full House Resorts

In other news, Director Eric J. Green bought 25,000 shares of the stock in a transaction dated Tuesday, May 13th. The shares were bought at an average price of $3.40 per share, for a total transaction of $85,000.00. Following the completion of the purchase, the director owned 203,523 shares in the company, valued at approximately $691,978.20. This trade represents a 14.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.40% of the company's stock.

Full House Resorts Stock Performance

Shares of NASDAQ FLL traded down $0.79 during trading hours on Friday, reaching $3.61. 522,744 shares of the stock were exchanged, compared to its average volume of 161,532. The firm has a market capitalization of $129.89 million, a price-to-earnings ratio of -3.14 and a beta of 1.67. 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 $5.59. The stock's fifty day simple moving average is $4.04 and its 200 day simple moving average is $4.05.

Full House Resorts (NASDAQ:FLL - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by ($0.09). The firm had revenue of $73.95 million for the quarter, compared to the consensus estimate of $80.47 million. Full House Resorts had a negative return on equity of 104.41% and a negative net margin of 13.75%.

Full House Resorts Company 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.