Full House Resorts (NASDAQ:FLL) Earns “Market Outperform” Rating from JMP Securities

Full House Resorts (NASDAQ:FLL)‘s stock had its “market outperform” rating reaffirmed by JMP Securities in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $6.00 target price on the stock. JMP Securities’ price objective suggests a potential upside of 22.95% from the company’s current price.

Separately, B. Riley decreased their price objective on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, November 7th.

Full House Resorts Stock Performance

Shares of FLL traded down $0.01 during midday trading on Thursday, reaching $4.88. The stock had a trading volume of 388 shares, compared to its average volume of 222,000. The firm has a 50 day simple moving average of $4.53 and a 200-day simple moving average of $4.88. Full House Resorts has a one year low of $3.77 and a one year high of $5.94. The firm has a market cap of $173.73 million, a PE ratio of -4.14 and a beta of 1.92. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04.

Insider Transactions at Full House Resorts

In other Full House Resorts news, Director Kathleen M. Caracciolo sold 8,900 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $4.43, for a total value of $39,427.00. Following the transaction, the director now directly owns 40,997 shares of the company’s stock, valued at $181,616.71. This trade represents a 17.84 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Lewis A. Fanger sold 37,738 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $5.05, for a total transaction of $190,576.90. Following the completion of the transaction, the chief financial officer now directly owns 254,658 shares in the company, valued at approximately $1,286,022.90. This represents a 12.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,134 shares of company stock worth $272,037. 12.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Full House Resorts

A number of institutional investors have recently added to or reduced their stakes in the business. Gabelli Funds LLC grew its holdings in Full House Resorts by 0.3% during the 2nd quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock worth $3,000,000 after acquiring an additional 2,000 shares during the last quarter. Rhumbline Advisers grew its holdings in Full House Resorts by 14.6% during the 2nd quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after acquiring an additional 7,551 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in Full House Resorts during the 2nd quarter worth approximately $50,000. KG&L Capital Management LLC bought a new stake in Full House Resorts during the 3rd quarter worth approximately $50,000. Finally, State Street Corp lifted its position in shares of Full House Resorts by 1.7% in the 3rd quarter. State Street Corp now owns 610,048 shares of the company’s stock worth $3,062,000 after purchasing an additional 10,168 shares during the period. 37.68% of the stock is owned by institutional investors.

About Full House Resorts

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.