AWM Investment Company Inc. Raises Stake in Century Casinos, Inc. (NASDAQ:CNTY)

AWM Investment Company Inc. increased its holdings in shares of Century Casinos, Inc. (NASDAQ:CNTY) by 2.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,687,043 shares of the company’s stock after buying an additional 43,006 shares during the period. AWM Investment Company Inc. owned 0.05% of Century Casinos worth $5,466,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royce & Associates LP lifted its holdings in shares of Century Casinos by 2.7% during the fourth 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 last quarter. Rice Hall James & Associates LLC raised its position 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 worth $5,251,000 after purchasing an additional 90,556 shares during the last quarter. Millennium Management LLC grew its position in Century Casinos by 7.3% during the 4th quarter. Millennium Management LLC now owns 284,886 shares of the company’s stock valued at $923,000 after purchasing an additional 19,406 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Century Casinos by 2.3% in the fourth quarter. Renaissance Technologies LLC now owns 170,949 shares of the company’s stock worth $554,000 after buying an additional 3,800 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Century Casinos by 13.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 154,918 shares of the company’s stock worth $501,000 after buying an additional 17,815 shares during the last quarter. Hedge funds and other institutional investors own 66.36% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on CNTY shares. Macquarie cut their price target on shares of Century Casinos from $6.00 to $5.00 and set an “outperform” rating on the stock in a report on Friday, March 14th. JMP Securities reduced their target price on Century Casinos from $4.00 to $3.00 and set a “market outperform” rating for the company in a report on Tuesday, May 13th. Stifel Nicolaus decreased their price target on Century Casinos from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Friday, March 14th. Finally, StockNews.com raised Century Casinos from a “sell” rating to a “hold” rating in a research report on Friday, April 11th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Century Casinos presently has an average rating of “Moderate Buy” and a consensus target price of $5.00.

Century Casinos Trading Up 17.9%

Shares of CNTY stock opened at $1.98 on Wednesday. The stock has a market capitalization of $60.75 million, a P/E ratio of -0.81 and a beta of 2.02. The company has a current ratio of 1.79, a quick ratio of 1.74 and a debt-to-equity ratio of 6.58. The firm’s 50 day moving average is $1.57 and its 200 day moving average is $2.76. Century Casinos, Inc. has a 12-month low of $1.30 and a 12-month high of $5.09.

Century Casinos (NASDAQ:CNTY) last released its quarterly earnings results on Monday, May 12th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.11). The firm had revenue of $130.44 million during the quarter, compared to analysts’ expectations of $139.55 million. Century Casinos had a negative return on equity of 41.20% and a negative net margin of 12.73%. During the same quarter last year, the business earned ($0.46) earnings per share. Research analysts expect that Century Casinos, Inc. will post -2.66 earnings per share for the current 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.