One Wealth Advisors LLC Buys 323,931 Shares of Full House Resorts, Inc. (NASDAQ:FLL)

One Wealth Advisors LLC boosted its holdings in shares of Full House Resorts, Inc. (NASDAQ:FLL - Free Report) by 127.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 578,962 shares of the company's stock after acquiring an additional 323,931 shares during the quarter. One Wealth Advisors LLC owned 1.61% of Full House Resorts worth $2,420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLL. Rangeley Capital LLC acquired a new position in shares of Full House Resorts during the 4th quarter valued at $3,215,000. JPMorgan Chase & Co. lifted its position in shares of Full House Resorts by 667.7% during the 4th quarter. JPMorgan Chase & Co. now owns 113,717 shares of the company's stock valued at $464,000 after acquiring an additional 98,905 shares during the period. LPL Financial LLC lifted its position in shares of Full House Resorts by 617.4% during the 4th quarter. LPL Financial LLC now owns 93,771 shares of the company's stock valued at $383,000 after acquiring an additional 80,700 shares during the period. Bank of America Corp DE lifted its position in shares of Full House Resorts by 38.6% during the 4th quarter. Bank of America Corp DE now owns 38,495 shares of the company's stock valued at $157,000 after acquiring an additional 10,723 shares during the period. Finally, Orvieto Partners L.P. acquired a new position in shares of Full House Resorts during the 4th quarter valued at $2,776,000. Institutional investors and hedge funds own 37.68% of the company's stock.

Insider Activity

In other news, Director Eric J. Green bought 25,000 shares of Full House Resorts stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average price of $3.40 per share, for a total transaction of $85,000.00. Following the purchase, the director directly owned 203,523 shares in the company, valued at $691,978.20. The trade was a 14.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.40% of the stock is currently owned by insiders.

Full House Resorts Stock Up 0.8%

FLL traded up $0.04 during trading on Friday, hitting $4.82. 103,964 shares of the company's stock were exchanged, compared to its average volume of 442,375. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 15.25. The business's 50 day moving average is $3.82 and its two-hundred day moving average is $4.06. Full House Resorts, Inc. has a fifty-two week low of $2.86 and a fifty-two week high of $5.90. The stock has a market cap of $173.42 million, a P/E ratio of -4.34 and a beta of 1.64.

Full House Resorts (NASDAQ:FLL - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.02. Full House Resorts had a negative net margin of 13.18% and a negative return on equity of 90.09%. The firm had revenue of $65.36 million during the quarter, compared to analyst estimates of $80.96 million.

Analysts Set New Price Targets

Separately, JMP Securities upped their price objective on shares of Full House Resorts from $4.00 to $5.00 and gave the stock 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 issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $6.00.

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.