XTX Topco Ltd bought a new stake in shares of Golden Entertainment, Inc. (NASDAQ:GDEN - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 20,062 shares of the company's stock, valued at approximately $529,000. XTX Topco Ltd owned about 0.08% of Golden Entertainment as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lazard Asset Management LLC boosted its position in shares of Golden Entertainment by 405.7% during the fourth quarter. Lazard Asset Management LLC now owns 1,871 shares of the company's stock valued at $59,000 after buying an additional 1,501 shares during the period. Inscription Capital LLC purchased a new position in Golden Entertainment during the 1st quarter valued at $165,000. GAMMA Investing LLC grew its position in Golden Entertainment by 1,136.9% in the 1st quarter. GAMMA Investing LLC now owns 6,729 shares of the company's stock valued at $178,000 after acquiring an additional 6,185 shares during the last quarter. Two Sigma Securities LLC increased its stake in Golden Entertainment by 10.9% in the fourth quarter. Two Sigma Securities LLC now owns 7,219 shares of the company's stock worth $228,000 after purchasing an additional 709 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Golden Entertainment by 29.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,654 shares of the company's stock worth $202,000 after purchasing an additional 1,750 shares during the period. Hedge funds and other institutional investors own 70.73% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently issued reports on GDEN shares. JMP Securities lowered their target price on shares of Golden Entertainment from $36.00 to $35.00 and set a "market outperform" rating for the company in a research note on Friday, July 18th. Citigroup reiterated an "outperform" rating on shares of Golden Entertainment in a report on Friday, July 18th. Wall Street Zen upgraded shares of Golden Entertainment from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Truist Financial lowered shares of Golden Entertainment from a "buy" rating to a "hold" rating and reduced their target price for the stock from $36.00 to $34.00 in a research report on Wednesday, July 16th. Finally, Macquarie decreased their price target on shares of Golden Entertainment from $38.00 to $37.00 and set an "outperform" rating for the company in a research note on Friday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Golden Entertainment currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.00.
Get Our Latest Stock Report on Golden Entertainment
Golden Entertainment Stock Down 5.8%
NASDAQ GDEN traded down $1.54 during trading on Friday, reaching $25.22. 511,971 shares of the company's stock traded hands, compared to its average volume of 207,468. The company's 50 day simple moving average is $28.91 and its two-hundred day simple moving average is $28.79. Golden Entertainment, Inc. has a 12-month low of $22.66 and a 12-month high of $35.49. The firm has a market cap of $666.56 million, a price-to-earnings ratio of 64.67 and a beta of 1.83. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.95 and a quick ratio of 0.87.
Golden Entertainment (NASDAQ:GDEN - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The company had revenue of $163.62 million for the quarter, compared to analyst estimates of $169.70 million. Golden Entertainment had a net margin of 1.72% and a return on equity of 3.10%. As a group, sell-side analysts forecast that Golden Entertainment, Inc. will post 0.2 EPS for the current fiscal year.
Golden Entertainment Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Investors of record on Thursday, September 25th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Thursday, September 25th. Golden Entertainment's dividend payout ratio is 256.41%.
Golden Entertainment Profile
(
Free Report)
Golden Entertainment, Inc owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations.
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