Century Casinos, Inc. (NASDAQ:CNTY) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC trimmed its holdings in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 22.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,629 shares of the company’s stock after selling 17,098 shares during the period. Bridgeway Capital Management LLC owned approximately 0.19% of Century Casinos worth $190,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Royce & Associates LP lifted its stake in shares of Century Casinos by 2.7% in the 4th quarter. Royce & Associates LP now owns 2,975,121 shares of the company’s stock valued at $9,639,000 after purchasing an additional 79,086 shares during the period. Rice Hall James & Associates LLC lifted its stake in shares of Century Casinos by 5.9% in the 4th quarter. Rice Hall James & Associates LLC now owns 1,620,617 shares of the company’s stock valued at $5,251,000 after purchasing an additional 90,556 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Century Casinos by 2.3% in the 4th quarter. Renaissance Technologies LLC now owns 170,949 shares of the company’s stock valued at $554,000 after purchasing an additional 3,800 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Century Casinos by 13.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 154,918 shares of the company’s stock valued at $501,000 after purchasing an additional 17,815 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Century Casinos by 120.4% in the 4th quarter. Jane Street Group LLC now owns 61,578 shares of the company’s stock valued at $200,000 after purchasing an additional 33,635 shares during the period. 66.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on CNTY. Stifel Nicolaus decreased their target price on shares of Century Casinos from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Macquarie decreased their target price on shares of Century Casinos from $6.00 to $5.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. StockNews.com upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a research note on Friday, April 11th. Finally, JMP Securities cut their price target on shares of Century Casinos from $4.00 to $3.00 and set a “market outperform” rating for the company in a report on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Century Casinos presently has an average rating of “Moderate Buy” and an average price target of $5.00.

Century Casinos Price Performance

Shares of NASDAQ CNTY opened at $1.79 on Wednesday. The firm has a market cap of $54.92 million, a PE ratio of -0.74 and a beta of 2.02. The firm has a fifty day moving average of $1.62 and a 200 day moving average of $2.81. The company has a debt-to-equity ratio of 6.58, a quick ratio of 1.74 and a current ratio of 1.79. Century Casinos, Inc. has a one year low of $1.30 and a one year high of $5.09.

Century Casinos (NASDAQ:CNTY) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.67) EPS for the quarter, missing the consensus estimate of ($0.56) by ($0.11). Century Casinos had a negative return on equity of 41.20% and a negative net margin of 12.73%. The company had revenue of $130.44 million during the quarter, compared to analysts’ expectations of $139.55 million. During the same period in the previous year, the firm posted ($0.46) EPS. As a group, research analysts predict that Century Casinos, Inc. will post -2.66 EPS for the current fiscal year.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.