One Wealth Advisors LLC Sells 276,300 Shares of Full House Resorts, Inc. $FLL

Key Points

• One Wealth Advisors LLC reduced its stake in Full House Resorts by 47.7%, selling 276,300 shares, leaving it with 302,662 shares valued at $1.1 million.
• Full House Resorts reported a loss of ($0.29) EPS in its latest quarterly earnings, missing estimates, and had revenue of $73.95 million compared to expectations of $80.47 million.
• Analysts have a consensus rating of "Moderate Buy" for Full House Resorts, with a target price averaging $5.50.

One Wealth Advisors LLC lessened its stake in shares of Full House Resorts, Inc. (NASDAQ:FLL - Free Report) by 47.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 302,662 shares of the company's stock after selling 276,300 shares during the period. One Wealth Advisors LLC owned 0.84% of Full House Resorts worth $1,108,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of Full House Resorts by 38.6% in the fourth quarter. Bank of America Corp DE now owns 38,495 shares of the company's stock worth $157,000 after buying an additional 10,723 shares in the last quarter. Squarepoint Ops LLC bought a new stake in Full House Resorts in the 4th quarter worth approximately $46,000. Villere ST Denis J & Co. LLC bought a new stake in Full House Resorts in the 1st quarter worth approximately $167,000. Bank of New York Mellon Corp raised its holdings in shares of Full House Resorts by 6.0% during the 1st 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. Finally, Private Management Group Inc. boosted its position in shares of Full House Resorts by 1.0% during the 1st quarter. Private Management Group Inc. now owns 1,677,179 shares of the company's stock valued at $7,011,000 after acquiring an additional 16,020 shares during 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 Full House Resorts news, Director Eric J. Green acquired 10,000 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were bought at an average price of $3.54 per share, with a total value of $35,400.00. Following the transaction, the director directly owned 233,959 shares of the company's stock, valued at $828,214.86. The trade was a 4.47% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 9.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

FLL has been the topic of several research reports. Macquarie restated a "neutral" rating and issued a $4.00 price target on shares of Full House Resorts in a research report on Friday, August 8th. JMP Securities boosted their target price 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. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5.50.

Full House Resorts Stock Performance

Shares of NASDAQ:FLL opened at $3.29 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 22.08. Full House Resorts, Inc. has a 12 month low of $2.86 and a 12 month high of $5.59. The company has a market capitalization of $118.81 million, a price-to-earnings ratio of -2.86 and a beta of 1.54. The firm's 50-day moving average is $3.80 and its 200 day moving average is $3.68.

Full House Resorts (NASDAQ:FLL - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.09). The firm had revenue of $73.95 million during the quarter, compared to the consensus estimate of $80.47 million. Full House Resorts had a negative return on equity of 118.79% 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.

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