Full House Resorts (NASDAQ:FLL – Earnings ) It was downgraded by research analysts at TheStreet from a “c” rating to a “d+” rating in a report released on Thursday, TheStreetRatingsTable reports.
Several other research firms also recently commented on FLL. B. Riley cut their price objective on Full House Resorts from $20.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday, June 28th. Finally, StockNews Craig Hallum dropped their price target on Full House Resorts from $18.00 to $13.00 in a research report on Tuesday, May 10th.
Full house resort sales decreased 2.3 percent
Shares of NASDAQ:FLL opened at $7.12 on Thursday. Full House Resorts has a 12 month low of $4.82 and a 12 month high of $12.57. The company has a market capitalization of $244.79 million, a PE ratio of 50.86 and a beta of 1.85. The trading average is $6.36, with a 50-day moving average of $7.77. The company has a current ratio of 6.76, a quick ratio of 6.73, and a debt-equity ratio of 3.69.
Insider buying and selling
In other news, CFO Lewis A. Fanger bought 16,083 shares of the company’s stock in a transaction that occurred on Tuesday, May 24th. The stock was bought at an average price of $6.06 per share, for a total transaction of $97,462.98. Following the completion of the transaction, the chief financial officer now owns 106,000 shares of the company’s stock, valued at $642,360. The purchase was disclosed in a filing with the Securities and Exchange Commission via this link. 10.90% of the shares are owned by company insiders.
Hedge funds weigh in on Whole House Resorts.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLL. CastleKnight Management LP boosted its stake in Full House Resorts by 72.1% in the second quarter. CastleKnight Management LP now owns 430,240 shares of the company’s stock valued at $2,616,000 after buying an additional 180,274 shares during the last quarter. Saltoro Capital LP raised its stake in Full House Resorts by 104.2% in the 4th quarter. Saltoro Capital LP now owns 223,718 shares of the company’s stock valued at $2,709,000 after buying an additional 114,155 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Full House Resorts during the 2nd quarter valued at $659,000. Union Square Park Capital Management LLC lifted its holdings in shares of Full House Resorts by 25.1% in the 4th quarter. Union Square Park Capital Management LLC now owns 500,000 shares of the company’s stock valued at $6,055,000 after buying an additional 100,300 shares in the last quarter. Finally, Kettle Hill Capital Management LLC raised its stake in shares of Full House Resorts by 14.1% during the 4th quarter. Kettle Hill Capital Management LLC now owns 789,114 shares of the company’s stock valued at $9,556,000 after buying an additional 97,738 shares in the last quarter. Institutional investors and hedge funds own 61.37 percent of the company.
Full House Resorts Company Profile
(get rank)
Full House Resorts, Inc owns, develops, invests in, operates, manages and leases casinos and related hospitality and entertainment. The company operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has 757 slot machines and 24 table games, surface parking and 129 hotel rooms. An on-site sports book, fine dining restaurant, buffet and quick service restaurant, as well as an oyster bar, casino bar and beach bar; and a 37-site beachfront RV park.
Featured articles
This quick news alert was created using Narrative Science technology and MarketBeat’s financial data to provide readers with fast and accurate reporting. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider full house resorts, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients daily. MarketBeat identified five stocks that top analysts are whispering to their clients about before the broader market catches on… and Full House Resorts wasn’t on the list.
While Whole House Resorts currently has a “Buy” rating among analysts, the top ratings analysts believe these five stocks are better buys.
Check out the five stocks here